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Deutsche buys £70m Glasgow block

Deutsche Asset and Wealth Management has completed the purchase of Bam’s CONNECT110NS development at 110 Queen Street in Glasgow city centre for £70m.


The scheme is due to complete in June 2015 and will contain more than 150,000 sq ft of office space across eight floors, along with four shops.


“We are pleased to add this development to our portfolio which provides greater exposure to one of the United Kingdom’s major regional cities where we anticipate increasing occupier demand,” said James Petit, head of real estate, UK and Ireland for Deutsche AWM.




jack.sidders@estatesgazette.com


 

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