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
Barberry secure approval for £20m warehouse scheme Nov 6, 2024 Exciting plans to build a £20 million industrial and logistics unit at one of the West Midlands’ leading business parks have been given the green light, leading commercial property developer and investor Barberry Industrial announced today. The proposed development on Junction 15 of the M40 at Tournament Fields Business Park in Warwick is expected to […] Posted by: Deividas Krupstas Read more
Birmingham Council Eyes £2.4bn Property Assets to Address Budget Challenges Dec 8, 2023 In a move to strategically manage its finances, Birmingham City Council is exploring the potential sale of assets from its £2.4bn property portfolio. This initiative is part of a broader plan to bridge an estimated £300m budget shortfall projected for the next two years. The council, currently under government intervention, is under pressure to formulate […] Posted by: Mya Driver Read more
Birmingham scores transformative investment into new Sports Quarter Feb 5, 2025 US company Knighthead has invested £100 million into East Birmingham, showing how the Government’s Plan for Change is boosting jobs and opportunities in the West Midlands. The new site is estimated to create 8,400 new jobs annually in Birmingham while also supporting the wider city and West Midlands. The investment will pave the way for […] Posted by: Deividas Krupstas Read more
Birmingham site primed for industrial project Feb 23, 2023 Proposals have been submitted for an industrial/warehousing development by Legal & General Property Partners who want to redevelop Fort Parkway, Castle Vale. The desired area is part of the Spitfire & Merlin Industrial Park that consists of small to medium-large industrial units. Existing premises will be demolished in favour of five flexible industrial/warehousing units totalling […] Posted by: Mya Driver Read more
Birmingham Smethwick Corridor to create major regeneration opportunity Feb 7, 2022 A plan for the regeneration of the Smethwick to Birmingham Corridor is going to cabinet for approval this week, providing a strategy for housing, transport and local heritage as the area is redeveloped. The Smethwick to Birmingham Corridor Framework promotes a co-ordinated approach to regeneration within the area encompassing Birmingham Mainline Canal, City Hospital and […] Posted by: Mya Driver Read more
Birmingham’s Brindleyplace Campus Acquired for £125 Million by Praxis and Veld Sep 5, 2023 In a significant move, Praxis, a UK property investment and management platform, in collaboration with Veld Capital, a private credit specialist investor, has acquired the renowned Brindleyplace offices campus in Birmingham’s city centre. The deal, valued at £125 million, was made public by CoStar News. The Brindleyplace campus, spanning 14.9 acres along the canal, stands […] 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
Blackfinch boosts Birmingham restaurant with £1.3m commercial refinancing deal Apr 19, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £1.3m commercial refinancing loan for a popular Birmingham restaurant. The 24-month deal will help to secure the future of the restaurant, a much-loved part of the community in Sparkhill, a suburb around three miles from Birmingham City Centre. Blackfinch Property, […] Posted by: Mya Driver Read more
Blackfinch Property completes £2m refinancing deal for supported housing complex Sep 19, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £2m refinancing deal for a West Midlands supported housing complex providing 18 one-bedroom apartments for vulnerable people. The refinancing deal follows the borrower’s redevelopment of a vacant two-story property, with improved EPC ratings, providing much-needed supported living in the West […] Posted by: Mya Driver Read more
BMO acquires logistics asset and supermarket in latest spree Jan 25, 2022 UKREiiF attendee BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management (EMEA), has acquired a Lidl store in Chichester, West Sussex for £9.5 million, reflecting a 4% net initial yield. The investment has been undertaken on behalf of a separate account mandate, for which […] Posted by: Mya Driver Read more
Bruntwood and L&G seek new partner for SciTech arm Mar 1, 2022 A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […] Posted by: Mya Driver Read more