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This trophy asset is 94 percent occupied by four, long-term credit tenants.
Jamie Hockaday, of Graftongate, said: "Louisa Ryland House is a trophy asset in the centre of Birmingham's central business district and will benefit greatly from the significant recent and ongoing development in the city, in particular Paradise Forum which is just a stone's throw from the building.
Add to this the outstanding opportunities to further develop the already impressive profits, Lumley Castle represents an excellent trophy asset and business proposition.
The usual answer is a billionaire seeking a trophy asset.
With the capital markets becoming increasingly more liquid, debt financing for a trophy asset such as this has become appealing to lenders seeking safe financing opportunities," Comfort said.
Regent Street will be seen as a trophy asset by investors.
The Dubai Mall, our trophy asset, is today the first choice for luxury retail for high net worth individuals from a wider catchment area of the Middle East, Africa, South Asia and China, thus serving over 2.
Matt Jarvis, fund manager of the Legal & General UK Property Fund, said: "A well-positioned trophy asset, 1 Colmore Square offers secure income over the medium term coupled with good rental growth expectations due to the strong and diverse occupational market in Birmingham's city centre and the added value opportunities on offer, notably the refurbishment and letting of vacant space within the building.
Add to this the outstanding opportunities to further develop the already impressive profits, and Lumley Castle represents an excellent trophy asset and business proposition.
These new overseas investors are more interested in longer term investment returns and wealth preservation rather than the assembly of a trophy asset portfolio.
Commenting on the sale, Starwood president of global development Simon Turner said: "The sale of this trophy asset marks another step forward in Starwood's pursuit of an asset-light strategy as we look to sell owned real estate at the right time to the right owners to create value for our shareholders.
M&S could be a trophy asset to a sovereign wealth fund and a bid may be timely as M&S appears down on its luck.