Built Environment Networking Blog: West Midlands News

Revealed: The 20 English Towns and Cities to get 11,500 New Homes

The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […]

Posted by: Mya Driver

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Richardson Barberry acquires logistics asset in Warwickshire

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

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Rugby Prepares for Major Expansion with 5,000 New Homes and Three Schools

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

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Sama Investment Group submits plans for new apartments in Birmingham

Sama Investment Group, a Birmingham-based developer and investor, has submitted plans for new 31 residential apartments and three spacious commercial units as part of a mixed-use regeneration scheme known as Highgate Corner on the outskirts of Birmingham city centre.   Located to the north of the iconic Balti Triangle, the proposals would see the transformation […]

Posted by: Deividas Krupstas

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Savills IM acquires two single-family Build to Rent assets for £50m

International real estate investment manager – Savills Investment Management (Savills IM) – completes the acquisition of two forward-funded single-family Build to Rent sites in the Midlands – both developed by Urban & Civic – for approximately £50m. Both acquisitions were off-market transactions, and the first in Savills IM’s Build to Rent portfolio. Savills IM worked with […]

Posted by: Mya Driver

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SDI Propco acquires 278-acre site for £54m

Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that it has conditionally exchanged contracts for the sale of its strategic land site in Ansty, Warwickshire, to SDI Propco (100) Limited (the “Purchaser”), for a consideration of £53.5 million, payable in cash upon completion. Completion of the transaction […]

Posted by: Mya Driver

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Second-time lucky for Birmingham’s tallest building

Court Collaboration’s plan to build the tallest building in Birmingham has been given the go ahead, paving the way for several hundred new luxury apartments in the city centre. The proposals for the £225m build-to-rent development, which were originally okayed in 2019, were resubmitted as a new application following further engagement with local stakeholders and […]

Posted by: Mark Flanagan

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Select Property secures £44.5m development finance from Close Brothers

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

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Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture

Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […]

Posted by: Mya Driver

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Shearer Property and Hill Group to lead £450m regeneration in Coventry

Shearer Property Group has selected The Hill Group as its development/funding partner for City Centre South (‘CCS’). The £450m landmark, mixed-use regeneration scheme will truly transform Coventry City Centre. Hill has committed significant investment into Shearer Property Regen Ltd (‘SPR’), the development entity delivering this exciting major regeneration project in Coventry. Outline planning permission was granted for CCS in January 2022 and SPR will now work with the Council to submit a series of detailed planning applications and aim to start […]

Posted by: Mya Driver

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