Flagship office building acquired in £100m deal

55 Colmore Row
A newly-refurbished office building in the heart of Birmingham’s business district has been sold in a deal worth almost £100m. TH Real Estate has acquired 55 Colmore Row on behalf of its European Cities Fund for c.£98m. The Grade A office building, the former home of Wragge & Co, was acquired by IM Properties (IMP) shortly after the law firm’s relocation to Snowhill. IMP then completed a £35m transformation of the building, which totals 14,378 sq m (157,562 sq ft) across seven floors. The property also includes the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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