Property investor Corestate Capital acquired the world famous site for £48m earlier this year and has tasked CBRE with putting together a team of experts to undertake the major project. Tony McDonough reports

A team of experts has been appointed to oversee a major revamp of Liverpool’s world famous Royal Liver Building.

The iconic site, of the city’s waterfront Three Graces, was acquired for £48m earlier this year by property investor Corestate Capital.

Now, working on behalf of Corstate, CBRE’s Liverpool building consultancy team has appointed a project team to undertake master planning on the development.

Award-winning architects Corstorphine + Wright have been appointed as lead architects, supported by independent heritage buildings advisor Richard DeFiguerdo and CBRE’s specialist planning team.

The team is set to explore opportunities to not only enhance the experience of those that work within the waterfront building, but for the millions of visitors to famous landmark which was opened in 1911.

Simon Hepple, director of CBRE’s building consultancy, said: “We are delighted to be appointed and to secure the services of the most relevant and experienced consultants to work closely with Liverpool City Council to assist Corestate to create a truly vibrant and revitalised destination in Liverpool.

“Corestate Capital is committed to investing in Liverpool and enhancing the offer of one of the UK’s most iconic buildings.”

CBRE is instructed across three key divisions, including office agency, asset services and building consultancy to drive forward the master plan for the Royal Liver Building.