Albany House

Birmingham

Date acquired: November 2017
Location: Albany House, 27-37 Hurst Street, Birmingham, B5 4BD
Size: 51,040 sq ft / 4,742 sq m
Tenant: Multi-let, tenants include The DanceXchange Limited

Part of the Darby portfolio, a corporate acquisition involving 40 assets; 32 warehouse investments and 8 office investments with a wide geographic spread (3 offices have subsequently been sold).  Numerous opportunities for letting voids, regearing leases, increasing rent following capex to improve and reposition buildings and carrying out historic rent reviews which have never been implemented.

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