“ We took 20,000 sq ft at Cobalt on a temporary basis, and then needed to expand our facility in the North East, on the back of a number of significant contract wins.

Cobalt has provided us with the capacity to remain flexible and we have been able to expand within the same location.” QUESTION: www.cobaltpark.co.uk Why is Cobalt Park a world leading destination for your business?

ANSWER: 1 Accessibility to Staff Large recruitment catchment of over 1.1 million 2 Retention of Staff 5 occupiers have taken further buildings since moving to Cobalt 3 Cost of Staff Lowest labour costs in the country 4 Occupancy Costs The best financial terms in the UK 5 Deal Structure A lease to suit you 6 Quality Buildings & Environment Award winning efficient and sustainable buildings 7 Location Easily accessible by car, metro, bus and bicycle Accessibility Retention to Staff of Staff 1Large recruitment catchment 25 occupiers have taken further of over 1.1 million buildings since moving to Cobalt

• Two thirds of the population are of working age • World class occupiers • Half a million people are in employment or • Extremely low attrition rates seeking work • Santander, Orange, Procter & Gamble, EDS • High levels of clerical, sales and customer and Council have taken further service staff against national average buildings at Cobalt • Financial and business services provide 13.1% of resident jobs against 12.3% regionally.

Rent (psf)

Net Effective Rent (psf)

Occupancy Costs 4The best financial terms in the UK • Competitive rent per square foot • Energy efficient buildings resulting in significant financial savings • Buildings designed for high density occupation Cobalt Park Low rent psf/Net effective Rent psf

Source: Cushman & Wakefield

Location Easily accessible by car, metro, bus and bicycle

• The Park has 5 separate access routes and 458 bus services through the Park with a further 481 within 7 easy walking distance • Newcastle Central Station is less than a 15 minute drive from Cobalt Park

• Cobalt Park has 2 full time Co-ordinators dedicated to travel and the Cobalt Community Rent (psf)

Net Effective Rent (psf)

“ We decided to expand at Cobalt, because we are very pleased with our existing facility there and delighted with the service and support received from Highbridge, as well as the availability of a high calibre workforce in North Tyneside.”

Average median salaries across UK

Source: UK National Statistics SALARY Cost of Staff Lowest labour costs in the country

• Staff costs are extremely competitive with 3 savings of between 5% and 11% against national average rates • Typical savings of around 10%-11% can be achieved in salary costs of clerical staff and semi-qualified professionals in business and finance against national rates • Professional and middle management positions can be filled with salary costs REGION around 9% lower than the national average

Deal Structure Quality Buildings A lease to suit you & Environment • Ultimate flexibility Award winning efficient and 5• Potential £0 real estate capital expenditure 6 sustainable buildings • High, market leading incentives • Retention of staff – Cobalt Community website for employees of the Park as well as Cobalt Advantage card offering discounts across the region, with over 70 venues and hundreds of offers • An unrivalled level of amenity – Just Learning day nursery, Restaurants and cafes, Hotel, swimming pool and fitness suite, 39 acre country park with walking / jogging routes “ Cobalt is a great place to be. The Business Park is 10 minutes from • Cobalt Central has recently secured Tesco, Greggs and a and we are based in a brand new building. highstreet newsagent to the amenity hub It is a good mix – near the City Centre but with a local community.” • Sustainable buildings with the opportunity for BREEAM ‘Very Good’ and ‘Excellent’ ratings • Silverlink Shopping Park is right on the doorstep with retailers such as Boots, M&S, Next and Waterstones • 40 site-wide social and sporting events during the year in addition to netball and football teams, Tai Chi and access to Cobalt pool bikes

Cobalt. All the answers to your business needs “We looked at three business parks in the area and chose Cobalt mainly because of the transport links, but also because we liked dealing with the people. We also really liked the community feel at Cobalt.

We opted for a new building and the process was very smooth – in fact, it was a delightful experience! Cobalt has travel co-ordinators ready to help with travel plans and also had open days for our staff so that they could get to know Cobalt.

The co-ordinators did a great deal for our staff, helping with new travel arrangements and even organised some discounted fares. We didn’t lose any staff when we moved to Cobalt – I think the travel arrangements were a big factor in that.

Through the Cobalt Community card we get special offers through regular emails and bulletins. This includes all kinds of discounts and offers, which go down really well with our staff who take up the offers.

As a company, we are now moving into different markets and generating new business – as such we plan to increase the space we have and have the flexibility to do so at Cobalt.”

Joan Walmsley, director of corporate development, G4S Utilities

CASE STUDY G4S take the ‘Cobalt Advantage’ for new operation AVAILABILITY High quality buildings ranging from 20,000 - 125,000 sq ft (1,850 - 11,600 sq m)

Joan Walmsley, director of corporate development, G4S Utilities

Cobalt 7b Cobalt 15a 20,000 sq ft (1,850 sq m) 30,000 sq ft (2,800 sq m)

Cobalt 9b Cobalt 22 50,000 sq ft (4,650 sq m) 77,000 sq ft (7,150 sq m)

Cobalt 23 Cobalt South 125,000 sq ft (11,600 sq m) 50,000 - 470,000 sq ft (4,650 - 43,700 sq m) “ We took 20,000 sq ft at Cobalt early last year on a temporary basis, but now have the immediate need to expand our facility in the North East, on the back of a number of significant contract wins.

Cobalt has provided us with the capacity to remain flexible and we have been able to expand within the same location.”

SatNav Ref: NE27 0QJ

Highbridge Properties Plc Cobalt Management Cushman & Wakefield LLP BNP Paribas Real Estate UK Berger House Cobalt Park Management Suite National Office Agency One Trinity Gardens 38-38 Berkeley Square Silverfox Way 43/45 Portman Square Broad Chare London London Newcastle upon Tyne W1J 5AE NE27 0QJ W1A 3BG NE1 2HF Tel: 0191 257 6457