Property developer Robert Hitchins Ltd has bought a second prime office building at Aztec West in Bristol as it continues to grow its investment portfolio in the region.
2520 Aztec West is situated at the entrance to Bristol’s premier business park just off J16 of the M5 and next to the M4/M5 interchange.
The 14,900 sq ft self-contained, two-storey property with 80 parking spaces is let to Allianz Management Services and is adjacent to 2540 Aztec West which Robert Hitchins acquired last year.
Allianz Management Services Ltd provides legal and broker services as a subsidiary of Allianz Holdings plc, one of the top ten general insurers in the UK.
Property and Development Director for Robert Hitchins Ltd, Simon Tothill, said: “We are pleased to have acquired a further prime office building in such a great location as Aztec West which is one of the South West’s highest profile business parks.
“The purchases form part of our continuing strategy to expand and diversify our investment portfolio throughout the South West and South Wales.”
Aztec West provides 2.1m sq ft of accommodation within a 158-acre, well-managed business environment. A broad range of occupier sectors are represented, including technology, house building and construction, and public services.
JLL acted on behalf of Robert Hitchins. Colliers International acted on behalf of the vendor.
Robert Hitchins Ltd, based at Boddington, Gloucestershire, is one of the leading property developers and investors in the South West and South Wales. It deals with the full process from site acquisition and planning through to development and investment.
