European investor buys 10-storey office block

EMBASSY HOUSE, a 10-storey office building in the heart of Birmingham's Colmore Business District, has been sold for £8.9m.

European real estate investor Catalyst Capital has bought the Cornwall Street property from Royal London Asset Management.

It has used its €1bn fund, Catalyst European Property Fund II. The fund invests in the office and retail sectors in the UK, France, Belgium, Germany and Poland, and targets a diversified portfolio of income-producing assets a... For the full story register now for free or login below...