NorthWest Biotherapeutics Inc (NWBO)

[longfellow95]

Amazing. I don't know why, but I find it highly amusing that NWBO has a long term lease on the Vision Centre warehouse, which has more sq. footage than Huawei will have when they develop the rest of the site!
Clearly Huawei wanted the site at pretty much any cost when they bought it, having to accept NWBO retaining ownership of 17 acres, and having to concede the long-term lease at a knockdown rent.

Now Huawei are going to spend a reported £1b on developing the site...

On December 14, 2018, we sold most of the U.K. property to an unrelated company. However, we retained a lease-back of the approximately 87,000 square foot manufacturing facility and adjacent areas for 20 years with a renewal option for another 20 years on favorable terms, and we retained ownership of a 17-acre parcel of property that we did not sell. Under the long-term lease of the 87,000 square foot facility, the annual rent is approximately $0.6 million, with rent reviews for potential increases (which are capped) only once every five years. Additionally, we will pay certain service charges of approximately $45,000 per year for the first 3 years, and approximately $55,000 per year for the next 7 years, and up to a potential maximum of approximately $110,000 per year for the remaining 10 years.

https://sec.report/Document/0001144204-19-017803/

I'd like to know exactly where the 17 acres are in relation to the rest of the site.

But all of a sudden those acres are much more likely to be developable, because of the Huawei decision.

This might re-ignite the debate about NWBO and Huawei having a wider business relationship than purely landlord and tenant.
I declare the debate re-open!

Gotta hand it to LP. Let's hope this display of acumen is not limited to real estate.