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Birmingham-based Mercia Real Estate bought the seven-storey office block, which was designed by legendary city architect John Madin, in 2020 and struck a sale and leaseback deal with the chamber so it could remain in its historic home.
Glasgow's equal pay 'sale and leaseback' of city landmarks to cost taxpayers £1.
Source: https://www.heraldscotland.com/news/23809767.glasgows-sale-leaseback-cost-taxpayers-1-5bn/?ref=rss
The parties entered into a P20-billion sale and leaseback deal for 1,350 towers in September last year.
Source: https://business.inquirer.net/430777/globe-closes-p1-5-b-tower-deal