Standard Life Investments Pooled
Pension Property Fund has completed two lettings in London and Liverpool.
Firstly it
has agreed a 10-year lease at 10 Fenchurch Street in the City with US business
management software provider, Apptio. The deal was completed just a few months
after the space became available last September.
The 7,163
sq ft office meets Apptio’s requirement as it continues to expand in the UK.
Tim Davies of Gryphon Property Partners acted for Standard Life Investments, while
Bond Woodhouse represented Apptio.
Secondly,
the fund has leased 5 St Paul’s Square in Liverpool to Denholm Global
Logistics, one of the UK’s largest UK logistics companies on a 10-year lease.
The company is relocating to the property, taking a 7,400 sq ft floor and five
car parking spaces.
David
Stewart, fund manager of the Standard Life Investments Pooled Pension Property
Fund said: “These deals underline the strength of the assets within the fund
which continues to deliver robust returns for investors.”