Trebor Developments have exchanged contracts for the sale, via a £20.6 million forward funding, to
AXA IM Alts acting on behalf of clients of a pre-let, high tech, manufacturing facility at Central
Approach, Bristol.

The 107,660 sq ft facility is fully pre-let to Oxford Instruments on a 20 year lease and is due for
completion in March 2022. The property will serve as a state-of-the-art new manufacturing and
office HQ for Oxford Instruments.

The asset will be developed to strong sustainability credentials including a BREEAM Very Good

Separately, Trebor are also developing a speculative 113,000 sq ft industrial unit on the site next
door, which will be ready for occupation in December 2021.

Bob Tattrie, Managing Partner for Trebor, commented: “It has been a pleasure to conclude terms
with AXA IM Alts for this forward sale with interim payments and we look forward to working with
them to deliver the building. The building will be outstanding and provide Oxford Instruments with a
prestigious new HQ and bespoke manufacturing facility.”

Trebor Developments dealt with the transaction internally.

Trebor Developments are represented by CBRE and Colliers International. Oxford Instruments is
represented by CBRE. Further information is available at