Burton MP named A50/A500 parliamentary advocate Sep 19, 2024 Burton and Uttoxeter MP Jacob Collier has today been named as parliamentary advocate for the North Midlands Manufacturing Corridor. In 2022 Midlands Connect released a ‘road map’ document with a series of proposals for the A50/A500 which outlined how improvements in the route could add £12 billion to the region’s economy over the next 60 […] Posted by: Deividas Krupstas Read more
West Midlands to return to UKREiiF in 2025 Sep 17, 2024 The West Midlands will return to the UK’s biggest real estate conference in 2025, it has been confirmed. Having been named the UK’s leading destination for foreign direct investment, the West Midlands will head to The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) aiming to showcase the collective power of the West Midlands’ growing […] Posted by: Mya Driver Read more
David Wilson Homes secured land for 500 homes in Coventry Sep 16, 2024 Henry Boot has announced that its land promotion and planning business, Hallam Land (Hallam), has completed the sale of 491 residential plots at Pickford Gate, Coventry to the David Wilson Homes division of national housebuilder Barratt Developments. The sale resulted in an ungeared internal rate of return of 19.4% p.a., with payment phased over 2024 […] Posted by: Deividas Krupstas Read more
CBRE IM acquires shopping park in £58m deal Sep 11, 2024 CBRE has acquired Leamington Shopping Park in a deal valued at £57.55m. Purchased from abrdn’s UK Real Estate Fund, the park comprises of more than 159,000sq ft of space with numerous leading brands having space such as UKREiiF sponsors Marks and Spencer, Boots and Next. Daniel Serfontein, partner in Knight Frank’s retail team, which advised […] Posted by: Deividas Krupstas Read more
Richardson Barberry acquires logistics asset in Warwickshire Sep 11, 2024 Joint venture developer and investor Richardson Barberry has acquired the national returns centre of one of the UK’s largest parcel delivery companies, it was announced today. Richardson Barberry has agreed a multi-million-pound deal with Cheltenham-based investment and asset management company Formal Investments for the 113,000 sq ft distribution unit on a seven-acre site at Swift […] Posted by: Deividas Krupstas Read more
Indurent wins planning consent for c.430,000 sq ft logistics development in Lichfield Aug 29, 2024 Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK, has secured planning consent for a new 432,000 sq ft industrial and logistics development, which will be known as Indurent Park Lichfield. The park will comprise eight mid-box units ranging from 36,000 sq ft to 83,000 sq ft, […] Posted by: Mya Driver Read more
Wavensmere Homes Submits Plans for £150m Wolverhampton Canalside South Scheme Aug 20, 2024 Wavensmere Homes has submitted a full planning application to City of Wolverhampton Council for the proposed £150m residential-led Canalside South development. The 17.5-acre former industrial site is located within the city centre – moments from the transport interchange – and benefits from frontage onto the Wyrley & Essington Canal and the Wolverhampton Branch of the […] Posted by: Mya Driver Read more
Global Banking School Secures Major 15-Year Lease at Birmingham’s 1 Brindleyplace Aug 14, 2024 Global Banking School (GBS), a prominent higher education provider, has finalised a significant 15-year lease agreement for nearly 70,000 square feet of prime office space at 1 Brindleyplace, one of Birmingham’s most sought-after business locations. This strategic move underscores GBS’s commitment to expanding its educational footprint in Birmingham, where it already serves a substantial portion […] Posted by: Mya Driver Read more
Colmore Capital Finalises Coventry Car Showroom Sale to Listers Group Jul 25, 2024 Colmore Capital, a property investment firm based in the Midlands, has successfully sold its 20,560 sq ft car showroom located in Coventry to the nationwide automotive operator, Listers Group. The sale, completed last November, followed direct negotiations between Colmore Capital and Listers Group, facilitated by the relocation of the showroom’s previous tenant. The property, situated […] Posted by: Mya Driver Read more
Urban&Civic to acquire L&Q Estates from L&Q Group Jul 23, 2024 London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […] Posted by: Mya Driver Read more
