Cyril Leonard advised Terrace Hill (now part of Urban & Civic) on
the funding of this prime 130,000 sq.ft business park. We advised in 2014 on the sale of the
completed development to M&G.
Tenants include Biogen, Compuware, AbbVie Limited and Seagate Technology. M&G paid a price of £46.7m reflecting a
net initial yield of 6.7%.