Built Environment Networking Blog: West Midlands News

Birmingham’s Student Housing Market Booms with £15M Investment

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

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Blackfinch Property completes £2m refinancing deal for supported housing complex

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

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BMO acquires logistics asset and supermarket in latest spree

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

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Bruntwood and L&G seek new partner for SciTech arm

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

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Capital&Centric set to lead on vision for major new St George’s neighbourhood in Wolverhampton

SOCIAL impact developers Capital&Centric are set to lead on a vision to turn a sprawling brownfield site in Wolverhampton into a creative new neighbourhood. A report – to be considered by City of Wolverhampton Council’s Cabinet next week – recommends Capital&Centric are appointed as part of a pre-development agreement for the former Sainsbury’s supermarket site, […]

Posted by: Mya Driver

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Caskade Group acquires Birmingham Hotel in £12.5m deal

The Hotel Indigo in Birmingham has been sold to the Caskade Group off a listed price of £12.5m. The property features 52 rooms, a Marco Pierre White-branded restaurant, and a whiskey and cocktail lounge. It was designed by Ken Shuttleworth of Make, who was involved in the construction of the Gherkin building in London. The […]

Posted by: Mya Driver

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Citra Living acquires homes in Nottingham

Citra, a branch of Lloyds banking group specialising in managing rental housing, has recently acquired 49 homes in Gedling, Nottingham. These properties are part of an ambitious housing project comprising a total of 1,000 homes, which is being developed by the construction company, Keepmoat. Known as the Park View development, this project is currently underway […]

Posted by: Mya Driver

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Clarion Partners Europe Acquires Prime 208,000 SF UK Golden Triangle Warehouse

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

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Clarion Partners Europe continues UK warehouse push with acquisition of two Golden Triangle logistics parks for £80 million

Clarion Partners Europe, the real estate investment fund manager specialising in logistics and industrial assets, has acquired two logistics parks in Redditch and Kettering, prime Golden Triangle distribution locations, for £80 million, from EPISO 5, a fund managed by Tristan Capital Partners. The transaction is the second on behalf of Clarion’s UK-only logistics fund (the […]

Posted by: Mya Driver

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