Impax understood to be selling 40 Spring Gardens for £55m as Aviva ramps up its presence in the city.
Impax Asset Management is thought to be selling the 100,000 sq ft building located in Manchester’s business district to Aviva Investors for around £55m.
Floors three to eight are occupied by Lloyds Banking Group, Aon and Aldermore Bank; floors one and two, comprising around 23,000 sq ft of space, are vacant; and the ground-floor retail tenants are beer café Beermoth, fashion retailer Hervia and salon House of Evelyn.
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