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German fund in £130m Brindleyplace buy

RBS-BrindleyplaceCBRE Global Investors on behalf of a Berlin doctors pension fund is under offer to buy 7, 8 and 10 Brindleyplace in Birmingham from Tritax for around £130m, a 6% yield.

The RBS-let offices total 295,000 sq ft across three buildings.

The nationalised bank pays £7.5m in rent on a lease expiring in 2029.

GVA is advising on the sale.

jack.sidders@estatesgazette.com

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