IM Properties' £65M Payday As 55 Colmore Row Changes Hands
"55 Colmore Row is about as prime as you get in Birmingham," IM Properties Investment Director John Hammond said.
"The redevelopment of the building was a real labour of love and we poured much of the company's heart and soul into it.
"The acquisition is obviously a great way to start 2018 for IM Properties but also Birmingham, as it really sets the tone for the city going forward into the new year, demonstrating its tremendous growth potential now and in the future.”
IM Properties was advised by Savills. TH Real Estate's European Cities Fund was advised by Acre.