TWO Redditch office blocks have been sold for £3.7 million.
DSM House and Kelsey House in Paper Mill Drive were sold to a private UK-based bank by GVA Grimley on behalf of client Henderson Global Investors
Damian Lloyd, of GVA Grimley's Investment team, said: "The private investor, often in the shape of property syndicates, or in the case of the two Redditch buildings, a private bank, has become an important player in the investment market in the last couple of years, as evidenced by a number of significant deals across the region.
"Henderson Global Investors' expectations were exceeded in these transactions, demonstrating that properties of this calibre are in strong demand."
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