Lothbury Investment Management, on behalf of Lothbury Property Trust, has bought Vantage Point in Manchester for £20m from a syndicate of private owners.
LIM, formed in 2010, is an independent property unit trust investment manager.
Vantage Point occupies an island site on the east side of Hardman Square, in the city’s Spinningfields area.
Tenants in the multi-let 11-storey block include Allied Irish Bank.
It is known as one of the prime offering of smaller plates in the Spinningfields area.
LIM was advised by Tudor Toone and OBI Property. The vendors were advised by B8 Real Estate.
chris.berkin@estatesgazette.com
