Aberdeen Asset Management has sold the No. 1 Embankment office building in Leeds.
Patrizia has reportedly paid £10m for the 53,000 sq ft of Leeds office space.
The current tenant is KPMG, however they are due to relocate their office space to 61,000 sq ft at Sovereign Square later this year.
Apparently Patrizia are planning to undertake a refurbishment of the office space following the departure of KPMG.
Patrizia was advised by JLL.
Aberdeen Asset Management was represented by CBRE.