Europa Capital enters Birmingham market with acquisition of city centre Crown Works BTR development Dec 6, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has entered the Birmingham market with the acquisition, through a forward funding agreement, of Crown Works, a new 203-apartment build-to-rent (“BTR”) development adjacent to the city’s central business district. Europa Capital has made the acquisition on behalf of its value-add fund, Europa Fund VI. […] Posted by: Mya Driver Read more
Fiera Real Estate looks to dispose of three warehouses in £72m deal Jun 21, 2022 A portfolio of three retail warehouses is being lined up for a £72.25m sale by owner Fiera Real Estate. Xprop has been instructed to lead the sale. It has been pitched off a net initial yield of 5.25%, although there is reversionary potential to unlock in 2024. Codenamed Project Orange, the portfolio includes three single […] Posted by: Mya Driver Read more
Final green light for £22.4 million investment into Hereford Sep 29, 2022 The StrongerHereford board has been given the go ahead to spend £22.4 million on transformational projects that’ll boost ambitions for a green, fair, and connected future. Fifteen capital projects that will bring about new skills, creative places and community connections have been formally approved by the Department of Levelling Up, Housing and Communities, meaning they […] Posted by: Mya Driver Read more
First steps taken to create 149k homes in Birmingham Oct 11, 2022 The first step on the journey to shape the planning framework that will guide development and regeneration activity in Birmingham over the next 20 years is set for approval. Members of the council’s Cabinet will be asked to approve the Birmingham Local Plan Issues and Options Document for public consultation. The document sets out how, […] Posted by: Mya Driver Read more
Folkes Properties acquire two West Midlands assets Jan 31, 2024 Folkes Properties marks a significant milestone by successfully concluding its first UK acquisition in over two decades. The company has acquired two warehouses located in the West Midlands, solidifying its strategic presence in the region. The transaction was completed for an undisclosed amount, underscoring the company’s commitment to expansion and investment in key markets. Situated […] Posted by: Mya Driver Read more
Former automotive plant in Birmingham acquired to deliver 300,000 sq ft sustainable logistics development Dec 11, 2023 A joint venture (JV) partnership has purchased a former automotive component manufacturing site in Erdington, Birmingham, to speculatively build 300,000 sq ft of Grade A urban logistics and industrial space. Developer Chancerygate, which has an office in Birmingham, and specialist sustainable and impact investor Bridges Fund Management have bought the 12-acre site. The partners intend […] Posted by: Mya Driver Read more
Four Midlands countryside sites earmarked for massive development Oct 4, 2022 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 Read more
Frasers group plans to make new HQ in West Midlands Sep 29, 2022 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 Read more
Frasers Group Secures Approval for HQ Campus on Warwickshire Green Belt Dec 19, 2024 Frasers Group has received approval from Rugby Borough Council for its ambitious plan to build a new headquarters campus on green belt land near Ansty, Warwickshire. Despite significant opposition, the council’s planning committee voted seven to five in favour of the project, which will cover 112.9 hectares (approximately 279 acres). The development will include five […] Posted by: Mya Driver Read more
Frasers Group secures purchase of Coventry Building Society Arena Nov 18, 2022 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 Read more
Gatehouse Investment Management Buys £35m Worth of Persimmon Homes in the West Midlands Mar 21, 2024 Gatehouse Investment Management has secured a deal to purchase 174 homes from Persimmon for £35 million, in collaboration with Carlyle, a leading global investment firm. The properties, located in Coventry, Dudley, and Stoke, feature a range of two to four-bedroom houses and a block of flats near Coventry city centre. With some units already completed […] Posted by: Mya Driver Read more
Get Living and Watkin Jones partner on £136m Birmingham scheme Apr 5, 2022 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 Read more
