NEWPORT, Wales – May 15, 2023 – Soor Capital announced today that it provides comprehensive asset management and advisory services for the Airbus Defence & Space UK Cyber Innovation Hub located at Celtic Springs Business Park in Newport, Wales. The 151,912 square foot Grade A office complex serves as the global headquarters for Airbus Group's cyber innovation operations.
Strategic Asset Management and Advisory Partnership
Soor Capital serves as the asset management and advisory partner for this high-profile institutional-quality property, representing one of the largest single-tenant office assets in South Wales. The property comprises a freehold interest in three buildings (A, B, C & Q) plus two additional development plots, all strategically positioned within one of Wales' most prestigious business addresses.
Exceptional Tenant Profile
Airbus Defence & Space Ltd, a division of Airbus SE, is a global leader in aerospace, defense, and space technologies with over €11 billion in annual revenue. The company serves government and commercial customers worldwide across multiple countries and employs thousands of people globally in critical defense and space operations.
"This asset management and advisory partnership represents our successful expansion into the UK market with a trophy asset serving one of the world's most respected aerospace and defense companies," said a spokesperson for Soor Capital. "Airbus' long-term commitment to these facilities, combined with their critical role in the company's global cyber innovation strategy, creates an exceptional investment opportunity."
Investment Highlights
The asset management and advisory engagement offers compelling investment characteristics including:
- 100% occupied by Airbus Defence & Space Ltd on long-term triple net lease
- Strategic location within Celtic Springs Business Park, ideally positioned for Airbus' operational requirements
- Mission-critical facilities housing Airbus' global cyber innovation operations
- World-class tenant with exceptional operational and financial strength
- Stable cash flow profile with built-in rent escalations
- Strong value-add potential with additional development plots included
Market Position
Located in Celtic Springs Business Park, the property benefits from its position in one of South Wales' most sought-after office markets. The Park is strategically situated adjacent to the M4 motorway with excellent transport links to Cardiff, Bristol, and London. The area continues to attract significant investment, with assets commanding strong occupier interest from major corporations in the financial, technology, and professional services sectors.
The building's proximity to major transport infrastructure ensures exceptional connectivity, while the surrounding area provides excellent access to retail amenities and The Royal Exchange nearby, enhancing its strategic value for corporate headquarters operations.
About Soor Capital
Soor Capital is a private equity real estate firm offering comprehensive asset management and advisory services across the USA, UK, Europe, and GCC regions. The firm specializes in managing and advising on institutional-quality real estate assets with superior tenant profiles and market locations. Since its establishment, Soor has provided asset management and advisory services for over £500 million of private equity real estate investments.