September 2015
The deal follows GCW’s work with the owners, William Pears, on a successful first phase of a redevelopment of the centre. This involved opening up the entrance, taking down the existing rotunda, and improving the public realm.
Acting jointly with Lewis and Partners for the owner, GCW has now sold The Spires to Alberta Investment Management Company, asset managed by Hunter Real Estate Managers. The successful refurbishment work and the development of the dramatic new entrance helped to achieve a good price.