Built Environment Networking Blog: West Midlands News

Aviva Investors provides forward funding for new student village complex at Staffordshire University

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

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Barberry secure approval for £20m warehouse scheme

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

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Birmingham site primed for industrial project

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

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Birmingham Smethwick Corridor to create major regeneration opportunity

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

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Birmingham’s Brindleyplace Campus Acquired for £125 Million by Praxis and Veld

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

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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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