Aviva has kicked off the sales process for the largest deal in Birmingham so far this year, instructing agents to find a buyer for Rutland House.
Savills has been appointed to find a buyer for the 80,000 sq ft office block, seeking bids in the region of £30m, reflecting a yield of 5.75%.
The building is let to global law firm Squire, Patton & Boggs for a further 10 years.
Rutland House occupies a prominent site in the centre of the city. Aviva bought the building from Seven Capital for £27m – a yield of 6.09% – in 2010.
