ACRE Capital have advised Forma Real Estate on the acquisition of 5 St Pauls, Liverpool, from Abrdn for c.£31 million.
5 St Pauls Square is a modern multi-let office totalling 136,412 sq ft. The building’s high-profile tenants include DWF, The Bank of Scotland, Denholm Logistics Group, Hays Specialist Recruitment and The Secretary of State for Health and Social Care. It offered a WAULT of 3.80 years to break and 4.69 years to expiry.
Property Type: Office
Transaction Type: Acquisition
Client: Forma Real Estate