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Blackstone completed the acquisition of Colmore Building from Ashby Capital for $213m.

Synopsis

Blackstone, an investor, completed the acquisition of Colmore Building from Ashby Capital, a property investment advisory company, for $213m. "This investment is a vote of confidence in Birmingham, its thriving commercial heart, and the wider West Midlands. It underlines our commitment to long-term investments that will help build the UK's economy for the future," James Seppala, Blackstone Head of Real Estate Europe.

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