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PATRIZIA selling Manchester asset for more than £44M

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PATRIZIA selling Manchester asset for more than £44M

PATRIZIA Immobilien AG is selling the 95,000-square-foot Peter House in Manchester to BP Pension Fund for more than its £44 million asking price, Place North West reported.

Regus' Spaces occupies 85,000 square feet on the upper nine office floors. CBRE and King Street Commercial are representing Patrizia in the deal.