British Land has acquired a EUR 38 mln building in the British city of Birmingham. Previously occupied by the lender NatWest, the building is located in the prime city office site, in the heart of Birmingham. The UK group has appointed the architects Hamiltons to design a new 'high quality signature office building'.
Listed REITs and banks, British Land, Capital & Regional and Wells Fargo, bought and sold four shopping centres and retail parks this week.
