Hermes acquires flagship Chester office scheme
Hermes Investment Management has exchanged contracts to acquire One City Place in Chester.
The 70,000 sq ft, grade A office building is the first in the wider £120m City Place development, forming part of Chester’s new Central Business Quarter, which is being brought forward by Muse Developments in partnership with Cheshire West and Chester Council.
Muse launched One City Place in January 2016. It is home to a range of companies including RSM, Excello Law, Power Solutions (UK), Black and Veatch and SL Investment Management.
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