UKROUnited Kingdom Rescue Organisation (standard improvement group)
UKROUnited Kingdom Research Office
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Ned Jones, investment director at Savills which represented the buyer, said: "Having undergone a recent refurb, and with its strong tenant line-up, Apex House represents a great addition to the UKRO portfolio and we're pleased to have assisted in securing this asset for our client."
Adam Fletcher, of ADAPT Real Estate, the UK asset manager for UKRO, added: "UKRO is delighted to have acquired Apex House.
"As a service we are satisfied that if just one life is saved as a consequence of either public or firefighter learning at this event, then the sum expended on the UKRO Challenge event and coinciding community safety event is worthwhile."
South Wales fire service Porthcawl extrication team competing at the UKRO event in Cardiff Bay in September ROB BROWNE
Efforts are underway to raise the estimated $35 million-$50 million needed to complete the project (UKRO has made an initial $3.5 million pledge to support the establishment of the KRC).
UKRO judges gave the Northern Ireland team top marks for command of the incident, casualty handling and use of rescue equipment.
UKRO was represented by Adapt, working in conjunction with Ship Street Advisors and Cushman & Wakefield acted for the vendor, a German private investor.
UKRO made a $3.5 million pledge to establish it, with a matching contribution from the Keck School of Medicine.
It will be held in Wales for the first time following a route from the Roald Dahl Plass to the Cardiff Barrage and back, to coincide with one of the UK's greatest emergency service events - the UKRO Challenge, this year hosted by SWFRS, also at Cardiff Bay.
In total an expected 600 competitors are expected at the event staged by Merseyside Fire & Rescue Service (MF&RS) working with the United Kingdom Rescue Organisation (UKRO).