Wolverhampton Council Partners with English Cities Fund for Major Regeneration Project Jul 12, 2024 The City of Wolverhampton Council has formalised a development agreement with English Cities Fund (ECF) for the ambitious City Centre West regeneration scheme. The 12-acre redevelopment area, spanning from School Street to Darlington Street, including Market Square, aims to transform Wolverhampton’s urban landscape. ECF, a collaboration between Homes England, Legal & General, and Muse Developments, […] Posted by: Mya Driver Read more
Aviva Investors provides forward funding for new student village complex at Staffordshire University Jul 10, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has agreed to acquire and forward fund a fully amortising lease for the creation of a new student village at Staffordshire University. The investment has been made on behalf of Aviva’s Insurance, Wealth and Retirement business, with Aviva Investors providing forward funding via […] Posted by: Mya Driver Read more
Clearbell Acquires £7.7m Wolverhampton Industrial Site Jul 2, 2024 Property management firm Clearbell has expanded its logistics platform with the acquisition of a new industrial asset in Wolverhampton for over £7.7 million. The site, covering around 100,000 sq ft, comprises eleven units, with 94% occupancy by four tenants. Clearbell plans to upgrade the site, including reroofing units, installing photovoltaic (PV) panels, expanding yard areas, […] Posted by: David Gilbank Read more
Valor makes 86,000 sq ft logistics acquisition in Birmingham Jul 1, 2024 Valor Real Estate Partners, Europe’s fastest growing last mile real estate specialist, has completed the acquisition of a 4-unit, multi-let logistics park in Kings Norton, south of Birmingham City Centre. It takes Valor’s investment in what is the UK’s second largest city to almost £75 million, across three assets totalling 380,000 sq ft, since 2022. […] Posted by: David Gilbank Read more
Greystar’s Student Roost Snaps Up Properties in Manchester and Birmingham Jul 1, 2024 Student Roost, owned by Greystar, has purchased a 1,000-bed purpose-built student accommodation (PBSA) scheme in Manchester from Whitbread. This acquisition marks the company’s first development in the city. Whitbread sold the Medlock Street site, previously earmarked for a 37-storey tower, to Student Roost. The site had planning consent for a 1,014-bed PBSA and a 13-storey […] Posted by: David Gilbank Read more
Speakers unveiled for West Midlands UKREiiF programme May 16, 2024 The trio will join a diverse delegation of real estate experts and local authority leaders on the West Midlands pavilion at the UK’s Real Estate and Infrastructure Investment Forum (UKREiiF). Led by West Midlands Mayor Richard Parker, the West Midlands will exhibit collectively at UKREiiF for the first time, the West Midlands will exhibit collectively […] Posted by: David Gilbank Read more
Birmingham City Council to Sell £20m Property Portfolio May 16, 2024 Birmingham City Council is set to sell 100 ground rent assets in and around the city centre as part of its ongoing asset disposal programme. The council has enlisted Lambert Smith Hampton (LSH) to manage the sale of this portfolio, which includes commercial, industrial, and non-operational council-owned properties. The assets will be sold individually or […] Posted by: David Gilbank Read more
£80million Telford Station Quarter scheme to be showcased at UKREiiF Apr 29, 2024 An £80million scheme to transform the heart of Telford is to be showcased at a major national development and investment event. Telford & Wrekin Council’s ambitious scheme to create a vibrant new residential, educational and business community in the heart of Telford – including an academic campus focused on digital skills and enterprise – will […] Posted by: David Gilbank Read more
Investec provides Hines with financing for West Midlands multi-let industrial portfolio Apr 25, 2024 Investec Real Estate announces that it has provided Hines’ European Value Fund 2 (HEVF2) with financing to complete the acquisition of four multi-let industrial estates in the West Midlands. Acquired from LondonMetric Property, the portfolio comprises 47 units, which are a mix of light industrial, trade and mid-box warehouses, totalling 434,000 sq ft. Three of […] Posted by: Mya Driver Read more
Coventry City Centre Set for Transformation with Extensive Redevelopment Plans Apr 22, 2024 Coventry City Centre is poised for a major transformation as detailed plans for the City Centre South scheme have been approved by the council. The project, which has been in the planning stages for over a decade, is set to commence later this year with the demolition of older sections of the city centre. This […] Posted by: Mya Driver Read more
