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Real Estate

Brindleyplace Office Block Sold For £29M

by birminghampost.co.uk posted 2months ago 44 views
New property fund Aver has chosen Birmingham to make its first property deal. : Two Brindleyplace has been bought by Aver Property, a new partnership between Ergo Real Estate and NFU Mutual. The building has 78,000 sq ft of office space on the Brindleyplace estate and has been sold by Hansainvest. Originally constructed in 1997, Two Brindleyplace is let to Lloyds Bank until March 2022 at a rent of £2 million a year. Martin Jepson, co-founder of Ergo Real Estate, said: "Two Brindleyplace is a fantastic first acquisition for the partnership.

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