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Royal Liver Building Sold

ROYAL LIVER BUILDING SOLD

Royal Liver Head Office building has been sold for £48 Million to a company called Corestate Capital Holding, which is based in Luxembourg. The new owner intends to invest significant funds to maintain and improve the building. It had been put on the market with a possible price tag of £40 Million. It is the first time the iconic building has been put up for sale in its 105 year history.It is part of the 3 Graces ( Cunard and Port of Liverpool being the other two) It is ofcourse famous for the two Liver Birds that watch over the city of Liverpool.It was built for Royal Liver and opened in 1911. It was one of the first buildings of its kind in the uk to use reinforced concrete. It is about 300 feet high.Having been aquired by Royal London in 2011 no Royal Staff are employed in the building but there are several tenantsIt had attracted lots of attention and is a grade 1 listed building.The Building was owned by the Liver Sub- Fund and the Liver Sub- Fund Supervisory Committee are content that the sale is in the policy holders interest



Royal Liver Superannuitants Association