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Announced

Completed

Tristan Capital completed the acquisition of a freehold site at CTP from QinetiQ for £112m.

Synopsis

Tristan Capital, a real estate investment manager, completed the acquisition of a freehold site at Cody Technology Park from QinetiQ, a defence technology company, for £112m ($150m). "I'm delighted we have found a strategic partner committed to investing in Cody Technology Park and developing its long-term future as a centre of excellence in defence, science and technology in Hampshire. The sale of the site to Tristan Capital Partners is aligned to our strategic priorities and underscores our commitment to focusing on our core business to deliver for our customers," Steve Wadey, QinetiQ Chief Executive Officer.

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