German investor Commerz Real has called off the sale of One Snowhill in Birmingham after failing to attract high enough bids for the 264,000 sq ft trophy building.
The fund was seeking £124m – a 6.25% yield – for the property.
German investor Commerz Real has called off the sale of One Snowhill in Birmingham after failing to attract high enough bids for the 264,000 sq ft trophy building.
The fund was seeking £124m – a 6.25% yield – for the property.
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