Folkes Properties acquire two West Midlands assets Jan 31, 2024 Folkes Properties marks a significant milestone by successfully concluding its first UK acquisition in over two decades. The company has acquired two warehouses located in the West Midlands, solidifying its strategic presence in the region. The transaction was completed for an undisclosed amount, underscoring the company’s commitment to expansion and investment in key markets. Situated […] Posted by: Mya Driver Read more
Plans for New Garden Square Build-to-Rent scheme submitted Jan 23, 2024 Moda Group have submitted proposals for a new neighbourhood, which is part of the New Garden Square project, in Birmingham. Landowner, Calthorpe Estates have supported the submission of plans. The plans include the construction of 462, one to three bedroom apartments. The 37-storey building will include a 24-hour gym, co-working space, a roof terrace, resident […] Posted by: Mya Driver Read more
Clarion Partners Europe Acquires Prime 208,000 SF UK Golden Triangle Warehouse Jan 19, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in logistics and industrial assets, has completed the acquisition of a modern warehouse in Coventry, from BlackRock’s UK Property Fund, for £28.25 million. It represents the first investment on behalf of Clarion Partners Europe’s core-plus, closed-end UK logistics fund (the “Fund”), which last month achieved […] Posted by: Mya Driver Read more
Stoford wins approval for £30m HQ redevelopment in Wolverhampton Jan 18, 2024 Planning consent has been granted for the new £30 million headquarters of Task Consumer Products in Wolverhampton, which could create up to 50 new jobs. Leading commercial property developer, Stoford, has been given approval to deliver c.210,000 sq ft of industrial/distribution accommodation on an 18-acre site at Citygate Park, Stafford Road in Wolverhampton. It […] Posted by: Mya Driver Read more
Rugby Prepares for Major Expansion with 5,000 New Homes and Three Schools Jan 8, 2024 Rugby is set to undergo a significant transformation with the construction of 5,000 new homes, accompanied by the addition of new schools and enhanced health provisions. This development forms a part of Rugby Borough Council’s updated South West Rugby Masterplan, which aligns with national and regional planning strategies to facilitate this growth. The Masterplan, adopted […] Posted by: Mya Driver Read more
Opportunity: £200 Million West Midlands Housing Project Seeks Contractors Jan 8, 2024 Aspire Housing, a prominent housing association in the West Midlands, is actively seeking contractors to embark on a major £200 million housing project. The initiative, spanning over a decade, aims to enhance the region’s residential landscape, including Stoke-On-Trent, Newcastle-Under-Lyme, and Cheshire. This substantial project will be executed through a dynamic purchasing system agreement, managed by […] Posted by: Mya Driver Read more
Birmingham’s Student Housing Market Booms with £15M Investment Jan 8, 2024 A joint venture has secured a substantial investment in Birmingham’s student housing market, showcasing a growing interest in this sector. The partnership, involving Patron Capital and Curation Capital, has invested £15 million in a 136-bed student accommodation located on Hagley Road. This move is part of a larger strategy to develop a portfolio valued at […] Posted by: Mya Driver Read more
Select Property secures £44.5m development finance from Close Brothers Jan 5, 2024 Select Property, a leading developer, operator and investment specialist, has secured a £44.5 million development finance facility from Close Brothers to bring forward its first Affinity Living build-to-rent development in Birmingham. The leading UK merchant banking group has provided the facility to support Select Property as it ramps up development of its new 266-unit property, Affinity Living Lancaster Wharf. Due to […] Posted by: Mya Driver Read more
Wolverhampton Plans New Culinary and Entertainment Hub: Bell Works Jan 4, 2024 Wolverhampton is on the brink of a transformative addition to its city centre, with the submission of plans for a new, multimillion-pound food and entertainment complex, aptly named Bell Works. This development, positioned on the site of the now-demolished shops on Cleveland Street and incorporating the area of the soon-to-be-razed Neville Garratt Centre, promises to […] Posted by: Mya Driver Read more
AM ALPHA Secures £50m Build-to-Rent Scheme in Birmingham’s Westminster Works Dec 20, 2023 AM ALPHA, a global family office specializing in real estate investments, has successfully acquired the Westminster Works project in Birmingham, a notable development valued at £50 million. This project includes 220 build-to-rent apartments, marking a significant addition to the firm’s investment portfolio. The Munich-based company, acting for a group of investors represented by a Hamburg […] Posted by: Mya Driver Read more
