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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

SHOCKING: Direct line sells birmingham base - You Need To See This

Direct Line Birmingham GWP

A Birmingham city centre office block has been acquired by a new joint venture.

London-based investors Zetland Capital has teamed up with real estate manager GWP to acquire 10 Livery Street from its owner and tenant, insurance group Direct Line, for an undisclosed sum.

The building, which was acquired by Direct Line for £25.1 million in 2015, has been sold following a rationalisation of the firm's regional property portfolio.

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