• Swindon & Wiltshire Property
• Monday July 14 2025

Bristol’s second-tallest building acquired

The second-tallest building in Bristol has been acquired in a deal led by law firm Freeths.

The 18 storey, 80-metre tall office block Castlemead is located in the heart of its business district.

Started in 1973 and completed in 1981, it was the city’s tallest building until being surpassed by Castle Park View in 2020.

The transaction marks a significant strategic investment for the buyer and reflects a sustained appetite for high-quality regional assets, said Freeths.

The deal also involved complex negotiations and due diligence, reflecting the scale and importance of the asset to the buyer’s long-term national investment strategy.

Leading the Freeths team on the acquisition was director Mark Alexander. He was supported by a multi-disciplinary team across the firm’s national network, including lawyers from teams such as real estate, construction, planning and insolvency.

“We’re proud to have played a key role in this landmark transaction,” said Mark.

“Castlemead is one of the most recognisable commercial buildings in Bristol and this acquisition marks a significant step for our client’s portfolio.

“It was a true team effort across the firm, and another example of Freeths delivering seamless commercial advice on high-value, complex real estate transactions.”