The sale of the Co-op's head office in Manchester city centre has been relaunched with a lower asking price.
One Angel Square was first put on the market for £210m in June last year. However, the property has now been relaunched with an asking price of £165m.
The building is owned by a special purpose vehicle created by RREEF Investment GmbH, part of Deutsche Bank, and Bedell Corporate Trustees, a Jersey Property Unit Trust. The freehold of the property was acquired from the Co-op in 2013 for £142m.
