A prominent Birmingham office building has been acquired by German investors.
Hamburg-based Union Investment has bought 55 Colmore Row from Nuveen Real Estate.
The sale was due to go through earlier this year but had been stalled by the coronavirus outbreak.
The price has not been disclosed but reports earlier this year suggested the deal was valued at £105 million.
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Union Investment director Wolfgang Kessler said: “The combination of building quality, history and location makes this property a rarity in the transactions market.”
55 Colmore Row, which was built in 1878 and is grade II listed, is fully let and home to property agency Savills, steak restaurant Gaucho and law firm Pinsent Masons among others.
Its main tenant is shared workspace provider WeWork which last year agreed a deal for the remaining 55,000 sq ft over three floors.
The building covers 157,150 sq ft over six storeys and was the long-time home of law firm Wragge & Co, now Gowling WLG, before it relocated to Two Snowhill.
Previous owner IM Properties carried out a £30 million refurbishment programme which completed in 2017 before it sold the site the following year for £98 million to Nuveen, then known as TH Real Estate.
Advisers on the deal A&O, Acre, CBRE and CMS.