Nurton Developments acquires two West Midlands office buildings
BIRMINGHAM-based developer Nurton has completed the purchase of two office buildings in the West Midlands for £9million.
In a joint venture with a private investor, Nurton has acquired 24,000 sq ft Aspect Court in Temple Row in the heart of Birmingham.
The second office building the developer has snapped up is 50,000 sq ft Wireless House at Warwick Technology Park, part of which is let to management consultants Accenture.
Rupert Young, Development Director at Nurton, commented: “We’ve been looking at opportunities for a while and are extremely pleased to have secured these two off-market deals.
“Birmingham is riding on the crest of a wave at the moment and, with dwindling grade A stock in the city, there is strong investor appetite which makes it even more pleasing that both buildings have been acquired for what we consider to be the right price.”
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