The Great Charles Street Estate in Birmingham has sold to Dunedin Property Asset Management and Angelo Gordon for around £20m.
Aviva Investors is selling the portfolio, which includes Civic House, Charles House, Lombard House, Galbraith House, Beaufort House, Lionel House and 154-155 Great Charles Street.
In total, the site comprises 330,000 sq ft across all buildings, which range from seven to 11 floors, and sits adjacent to the Paradise development.
GVA director Damian Lloyd said: “This was a very competitively fought sales process with lots of viewings. The sale of this portfolio underlines Birmingham’s reputation as an attractive investment location.”
LSH acted for Dunedin Property and Angelo Gordon; GVA acted for Aviva Investors.
