Igal Ahouvi buys Office Space in Southampton
Igal Ahouvi is to purchase a scheme in Solent Business Park (Hampshire) for ₤55.5 million, from an institutional investor affiliated with Prudential plc. 50% of the deal is being done via his own private company, Blenheim Properties Group Ltd.
The Solent Business Park is close to the M27 motorway. It encompasses five separate buildings which equates to 24,000 square metre’s of office space. It will be leased to the National Air Traffic Services plc (NATS), who will pay £17 per sq metre on a 14-year lease through. This will be a gross income from the location of over £30 million.