Maven has acquired Pegasus House, a fully occupied modern office building in East Kilbride, enhancing its portfolio with a secure income-generating asset from a reputable technology tenant.

Information on the Target

Maven has successfully acquired Pegasus House, a modern, high-quality office building located within the Scottish Enterprise Technology Park in East Kilbride, just outside Glasgow. The property spans a total of 20,228 square feet, featuring contemporary open-plan office space and ancillary accommodations across two floors. It offers a variety of amenities, including parking for 83 vehicles, landscaped surroundings, electric vehicle charging stations, and enhanced security features.

Constructed in 2008, Pegasus House has maintained full occupancy since its completion, making it a robust income-generating asset. It currently houses a high-profile tenant, NXP Laboratories UK Ltd, a subsidiary of NXP Semiconductors NV, a prominent global semiconductor manufacturer listed on the US Nasdaq stock exchange. The lease with this established tenant provides a secure revenue stream for Maven.

Industry Overview in Scotland

Scotland's technology sector is rapidly expanding, with over 11,000 technology companies operating across the region. The country produces approximately 13,000 graduates each year in digital disciplines, highlighti