Built Environment Networking Blog: West Midlands News

Four Midlands countryside sites earmarked for massive development

Rural areas across Malvern, Worcester, Wychavon and more could be transformed in the coming years. As well as houses being built, these target areas would also gain new schools, community facilities, railway stations and more. With more and more people looking to escape the city and move to the countryside, here’s a look at which […]

Posted by: Mya Driver

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Frasers group plans to make new HQ in West Midlands

The company that owns major brands Sports Direct and House of Fraser, has unveiled plans for a global headquarters campus in the West Midlands. Frasers Group plans to make its home at Junction 2 of the M6 in Ansty, Warwickshire. Working with renowned architect Grimshaw (the Eden Project) – the campus would include logistics, offices, […]

Posted by: Mya Driver

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Frasers Group secures purchase of Coventry Building Society Arena

Andrew Sheridan and Raj Mittal, Partners at specialist business advisory firm, FRP have been appointed as joint administrators of Arena Coventry Limited (ACL), Arena Coventry (2006) Limited and IEC Experience Limited. Upon appointment the Joint Administrators immediately completed the sale of the businesses, including ownership of the Coventry Building Society Arena, to certain entities controlled […]

Posted by: Mya Driver

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Get Living and Watkin Jones partner on £136m Birmingham scheme

A £136m forward funding deal has been agreed, that will deliver 551 new homes on Sherlock Street in Birmingham, 500m from the Bull Ring shopping centre. The scheme by Watkin Jones will be its largest build to rent development to date. Working with investor Get Living, the plans feature one, two and three-bed apartments, 27 […]

Posted by: Mya Driver

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Glenstone purchases prominent industrial site in Birmingham

Glenstone announce the purchase of a prominent industrial site located close to the M6, to the north-east of Birmingham City Centre. Comprising approximately 45,000 sq. ft., the unit is let in its entirety to E & S W Knowles & Company Ltd on a new 20-year FRI lease. Knowles are the UK’s leading manufacturer of […]

Posted by: Mya Driver

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Gloucester City Homes strikes £130m funding deal

A £130m finance package has been agreed by GCH with Natwest, which includes £30m in new funding. The deal significantly extends the level of commitment from NatWest, in terms of both loan maturity and funding amount, extending £100m in existing loans for 10 years. The additional £30m commitment will allow GCH to continue delivering important […]

Posted by: Mya Driver

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Godwin lands a 54-acre Industrial & Logistics site in Daventry

UK property developer Godwin Developments has announced it has exchanged contracts with a consortium of landowners on a 54-acre site in Daventry, which it intends to transform into a high-quality, sustainability-led employment hub. The site – known as ‘South East Gateway’ – benefits from an existing allocation of 32 acres in the Daventry Local Plan […]

Posted by: Mya Driver

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Graftongate wins approval for British engineering firm’s new HQ

Graftongate has secured planning consent for the development of a new, purpose-built headquarters building in Warwickshire on behalf of British chemical engineering firm, CALGAVIN. Stratford-upon-Avon District Council has given approval for construction of a 36,381 sq ft building with integral Grade A office space, on a prominent 2.3-acre site at Alcester Employment Park, Arden Road. […]

Posted by: Nathan Spencer

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Griffen secures £110 million investment facility from Deutsche Bank for 1.9 million sq ft Golden Triangle logistics portfolio

Griffen UK (“Griffen”), the UK-focused industrial and logistics investor, developer and asset manager, has agreed a £110 million investment loan from Deutsche Bank, secured against a 1.9 million sq ft, two-asset UK logistics portfolio. The five-year facility will support Griffen’s delivery of its business plan across the two fully let schemes, which occupy prime distribution […]

Posted by: Mya Driver

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HBD announces second major Birmingham city centre redevelopment

Sheffield-based developers HBD today unveiled plans for a £100m mixed-use development on the site of a car dealership in Birmingham. Formerly Henry Boot, the company has acquired the 2.6-acre Sytner BMW dealership in the city’s Jewellery Quarter with the intention of creating a residential-led PRS redevelopment that could accommodate around 450 units. HBD has also […]

Posted by: Mark Flanagan

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Henry Boot exchanges on land for planned 2400 homes in Coventry

Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), announces that it has exchanged on the sale of a 250-plot 31-acre site in Eastern Green, Coventry to mixed-tenure developer Countryside Partnerships. Eastern Green comprises a Sustainable Urban Extension on the west side of Coventry. The 31-acre site, contracted under a Planning Promotion Agreement […]

Posted by: Mya Driver

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