A Luxembourg-based company have become the new owners of the Royal Liver Building.
The Liverpool landmark was put on the market for the first time in its history in October and was expected to command an asking price of £40 million.
Corestate Capital have emerged as the successful bidders with existing owners Royal London accepting a deal of £48 million for the Grade I listed building.
Thomas Landscheriber, the company’s founder, has pledged to invest further in the Liver Building in a bid to attract new tenants for its current office spaces.
He said: “If you’re doing real estate for a number of years the usual model is that 95% of the buildings that you have to deal with are, let’s say, normal or newly-erected buildings which could be replicated anywhere,”
“But sometimes you say ‘what a crazy and unique building which you’d never build again in this life’. This is a quite exceptional building.
“When I saw it for the first time I was really impressed. The I read about the history and that this was the first time this building was on the market.
“We are really proud now that we won that process and will become the owner.”
“The next step is to invest money and get tenants for the vacant space where we see a huge opportunity for Liverpool at the moment.”