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Re: Evaluate post# 292217

Sunday, 06/28/2020 2:50:19 PM

Sunday, June 28, 2020 2:50:19 PM

Post# of 700905
Oops. Got my meters and feet mixed up.
But the existing warehouse is still as big as what Huawei are developing on the map. And Huawei's main building isn't as big as it sounds because the FAB is separate and then there is the basement parking.
Look at the illustration on your link.
NWBO has the warehouse in grey.

https://www.cambridgeindependent.co.uk/news/huawei-s-plans-for-1bn-cambridge-r-d-centre-in-sawston-approved-despite-warning-from-trump-administration-9114300/

And as far as I'm aware NWBO still have their own tenant:-

On October 10, 2017, we entered into an agreement to lease to Commodities Centre, a commodity storage and distribution firm domiciled in the U.K., an existing approximately 275,000 square foot warehouse building on the Company’s property in Sawston, U.K. The term of the lease will be five years, with the potential for the tenant to discontinue at three years and five months. The tenant will undertake at least $1.1 million of repairs and improvements to the building in return for five and a half months of free rent (which began upon execution of the lease and ends on March 24, 2018). Thereafter, the tenant will pay rent at an annualized rate of approximately $1.0 million for the first year, and thereafter rent at an annualized rate of approximately $1.4 million for each year or partial year for the rest of the lease term, plus VAT. The tenant will also pay a proportional share of the common costs and the insurance costs for the overall site. The tenant will pay for its own utilities and other costs for use of the warehouse.


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

If this is still correct, it means the Commodities Centre is paying more rent to NWBO than NWBO is paying to Huawei!
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