Gatehouse Bank: Acquisition
- Excellion Capital acted as sole advisor to Gatehouse Bank PLC in connection with its £25.2m acquisition of Atos Origin Data Centre in Andover
- The facility is a 58,000 sq ft, highly specified, fully fitted, Tier III data centre.
- The asset is leased until 2030 to a UK subsidiary of Atos (formerly: Atos Origin SA), the Euronext-listed technology company with a current market capitalisation of c. EUR 2.8 billion
- In addition to delivering an attractive yield and a secure, long-term income stream, the asset also offers excellent growth opportunity due to the reversionary nature of the rental income and scope for development based on granted planning permission