The Business Growth Fund (BGF) has relocated to prime office accommodation in one of Birmingham’s most iconic buildings, in a deal brokered by joint agents, DTZ and GBR Phoenix Beard on behalf of Standard Life Investments.
The BGF is a £2.5 billion equity investment company established to provide long-term capital to fast-growing small to medium-sized UK businesses. The organisation has taken 5,000 sq ft on the 11th floor at Standard Life Investment’s 45 Church Street office scheme on a 10 year lease.
Located on in a highly prominent position in Birmingham’s central business district, 45 Church Street comprises 124,000 sq ft of office space, offering panoramic views of the city.
Matt Long of DTZ commented: “45 Church Street offers unrivalled city centre accommodation. A high quality and contemporary finish with flexible work space in a prestigious location has meant the scheme has attracted a number of high profile national and international occupiers in the finance and professional services sector.”
Other occupiers at the building include, Coutts & Co, Mazars, Liberty Mutual Insurance Europe, Jones Lang LaSalle and Hyman Robertson.
The BGF is independent of government and backed by five of the UK’s main banking groups in collaboration with the British Bankers’ Association. It has five offices across the UK in London, Birmingham, Edinburgh, Bristol and Manchester. Business Secretary Vince Cable attended its launch in Birmingham earlier this year.