The investment presented the chance to buy 15-year income in London at a yield in excess of 7%, while at the same time gaining exposure to a developing real estate sub-class that was supported by the growing digital economy.

Over our ownership period the asset delivered excellent cash on cash returns of 8 - 10% per annum.  In 2018, increased investor appetite for data centre assets provided attractive market conditions for an exit and the asset was sold to leading global data centre REIT, Digital Realty Trust.