Deka Immobilien has purchased a prestigious office property in Birmingham.
The group paid €25 million for Direct Line House in the city’s business district.
Deka Immobilien GmbH has purchased Direct Line House in Birmingham’s business district for €25 million according to reports out this week. The group purchased the property from a fund managed by Signature Fund Management Limited.
Situated at 10 Livery Street, the office property provides more than 63,000 sq ft of Grade A office space in a prime West Midlands location. Completed in 2001, the property is currently fully let to insurance provider Direct Line for another 10 years. (more…)