Login

VGV completes RBS Brindleyplace HQ purchase

German fund Verwaltungsgesellschaft für Versorgungswerke (VGV) has completed its acquisition of RBS’s Brindleyplace headquarters in central Birmingham from Tritax for £130.73m.
By Chris Borland
March 25, 2015 | 7:00 P.M.

The deal for the long leasehold interest completed yesterday, with the price reflecting a net initial yield of 5.75%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE