Mayors Secure Approval to Develop Rail Links after HS2 Cancellation Feb 5, 2024 Regional leaders, West Midlands Mayor Andy Street and Greater Manchester Mayor Andy Burnham, have been given the green light by Transport Secretary Mark Harper to develop new rail link projects between Birmingham and Manchester. This initiative emerges as a proactive response to the recent cancellation of the HS2 rail link’s northern section. The endorsement to […] Posted by: Mya Driver Read more
Midlands Company acquires Brownfield site Mar 19, 2024 Future High Street Living, a company based in the Midlands with a focus on build-to-rent family housing, has recently purchased an 18.49-acre site near the Merry Hill shopping centre in Brierley Hill. This development aims to breathe new life into an area previously occupied by a disused industrial estate, signalling a fresh chapter in the […] Posted by: Mya Driver Read more
Midlands LEP reaches £500m match-funding milestone Apr 15, 2021 A funding project aimed at boosting the Greater Birmingham and Solihull area is on track to unlock £500m of match funding from an investment of £207.9m made over the last six years. The Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) Local Growth Fund programme, which launched in 2015, has now committed all of its […] Posted by: Mark Flanagan Read more
Moorfield and Stor-Age acquire UK self storage portfolio Mar 23, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] Posted by: Mya Driver Read more
Nearly £50m in funding agreed for 693-bed student scheme in Nottingham Jan 3, 2023 The developer Conygar has entered into a new facilities agreement with Barclays Bank PLC (“Barclays”) comprising a development facility and an investment facility (together the “Facilities”) up to £47.5 million in aggregate. The Facilities will enable the completion of the construction, targeted by the summer of 2024, and subsequent letting of the 693-bed student accommodation development at The […] Posted by: Mya Driver Read more
New powers and £1.5 billion investment from Deeper Devolution Deal will deliver jobs, housing and economic growth across the West Midlands Mar 15, 2023 The West Midlands Combined Authority (WMCA) has negotiated a new Deeper Devolution Deal securing wide ranging new powers and a budget windfall in excess of £1.5 billion to level up the region. Under the Deeper Devolution Deal – announced by Government in today’s Spring Budget – the WMCA has secured new and significant longer-term funding […] Posted by: Mya Driver Read more
North Warwickshire Borough Council has given the go-ahead for £300m expansion of the MIRA site Feb 8, 2024 A planning application for a manufacturing and research park on the MIRA site to the south of the A5 was supported at the Council’s Planning and Development Board meeting on 5th February 2024. The park will provide around 2,500 advanced manufacturing and high quality jobs in the automotive research and manufacturing industries. The development was […] Posted by: Mya Driver Read more
Northamptonshire industrial unit sold for £3.2m Aug 8, 2023 A well-connected industrial unit in Northamptonshire has been sold for £3.2 million. Warwickshire-based The Wigley Group has sold Unit 1-7 Crick Industrial Estate, Eldon Way, to a London-based real estate investment firm. The Wigley Group, which owns and manages business and commercial property across the Midlands, initially purchased the site with vacant possession in […] Posted by: Mya Driver Read more
Octopus Real Estate completes £8.45m loan on hotel and spa resort near Stratford-upon-Avon Dec 15, 2021 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed an £8.45 million loan secured on a hotel with spa and health club, golf course and various amenities. The Welcombe Hotel, based just outside Stratford-upon-Avon, is extremely well located for a leisure hotel, some 20 miles […] Posted by: Mya Driver Read more
Octopus Real Estate provides £53.5m loan for almost 300 new homes in Birmingham Oct 17, 2023 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate lender and investor, has provided a development loan of £53.5m to deliver 278 apartments in Birmingham from the ground up. The loan provided to Investin PLC will finance the construction of 278 apartments, of which 75 will be one bed and […] 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
Oxenwood acquires Midlands logistics facility in £12m deal Dec 13, 2021 Oxenwood Real Estate has acquired a prime logistics facility in Wolverhampton for £12.2m. The facility, which totals 143,279 sq ft, is located on Hilton Cross Business Park at Featherstone by junction 1 of the M54 and close to junction 10a of the M6. It has been acquired from the occupier MANN+HUMMEL, a global filtration technology […] Posted by: Mya Driver Read more
