NEW MANAGEMENT INSTRUCTION

MK2 has won the brief to manage 19 Newhall Street, Birmingham.

The distinctive Gothic terracotta building is Grade I listed and sits on the corner of Newhall Street and Edmund Street. Known as The Exchange, it was purpose built in the 1880s to house a telephone exchange – the largest in the country - and offices for the National Telephone Company (NTC), the forerunner to BT.

During World War I, the building was used as the Midland headquarters of the air raid warning system.

Owned by a private overseas investor, the building is home to 22,000 sq ft of offices, predominately let to property advisers Centrick, and a basement bar occupied by Bushwackers.

MK2’s head of property management, Marcello Della Croce, said: “It’s great to have this iconic city centre building on our books.”