Built Environment Networking Blog: West Midlands News

Burton MP named A50/A500 parliamentary advocate

Burton and Uttoxeter MP Jacob Collier has today been named as parliamentary advocate for the North Midlands Manufacturing Corridor. In 2022 Midlands Connect released a ‘road map’ document with a series of proposals for the A50/A500 which outlined how improvements in the route could add £12 billion to the region’s economy over the next 60 […]

Posted by: Deividas Krupstas

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Caddick Wins £43m Contract For Digbeth Regeneration Scheme

Caddick is building its placemaking pipeline in Birmingham with its appointment to deliver the first phase of Cole Waterhouse’s flagship regeneration project, Upper Trinity Street in Digbeth. The 182,986 sq. ft residential project inaugurates a wider regeneration of the Upper Trinity Street scheme in Digbeth, and will comprise 211 apartments in total, 115 of which […]

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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CBRE IM acquires shopping park in £58m deal

CBRE has acquired Leamington Shopping Park in a deal valued at £57.55m. Purchased from abrdn’s UK Real Estate Fund, the park comprises of more than 159,000sq ft of space with numerous leading brands having space such as UKREiiF sponsors Marks and Spencer, Boots and Next. Daniel Serfontein, partner in Knight Frank’s retail team, which advised […]

Posted by: Deividas Krupstas

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Citra Living Acquires 821 Homes from Gatehouse Living Group

Citra Living, a subsidiary of Lloyds Banking Group, has completed the acquisition of 821 rental homes from Gatehouse Living Group. The property deal, finalised on October 16, 2024, includes homes across Greater Manchester, Merseyside, and the West Midlands, spread over nine schemes that were originally completed in 2018. This acquisition marks a significant expansion of […]

Posted by: Deividas Krupstas

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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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Clarion Partners Europe Secures Coventry Warehouse for £28.5 Million

Clarion Partners Europe, renowned for its focus on logistics and industrial assets, has successfully completed the purchase of a 208,000 square foot warehouse in Coventry, amounting to £28.5 million. This acquisition from BlackRock’s UK Property Fund marks a significant addition to Clarion’s portfolio, spotlighting the firm’s strategic investment in the UK logistics sector. Occupied by […]

Posted by: Mya Driver

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