Central Glasgow office building changes hands for Â£11m
Investment group Topland has purchased 8 Nelson Mandela Place for about £11.1 million from Patrizia UK.
The building comprises more than 60,000 square feet and, other than on the ground floor, which is a blood donation centre, it is used for offices. Tenants include Audit Scotland, Rathbone Brothers and Waterman Group.
Stuart Agnew, senior director at property consultancy GVA, which advised the vendor on the deal, said: “What is clear is that political uncertainty at a Scottish, British and European level has not deterred investment, and a number of assets that did not sell in 2016 have gone under offer or have completed this year.
“UK investors have selectively returned to the fold this year.”