West Midlands Property NewsAll the latest property news from the West Midlands, including Birmingham, Coventry, Solihull, the Black Country and all of Warwickshire, Staffordshire, Worcestershire and Shropshire.
Hines has confirmed the sale of six buildings at Brindleyplace in Birmingham to HSBC Alternative Investments for £260m.
UK regional cities witnessed a boom in construction activity last year with Birmingham leading the way with a 50% surge in office development.
Take-up in the Midlands grade-A big-box industrial market topped 13.26m sq ft last year - a 70% increase on 2015, according to research by Avison Young.
Developer Shearer Property Group has been picked to carry out a major retail and leisure-led regeneration of Coventry City Centre.
London & Regional Properties is set to splash out £600m on two of the largest hotels in the UK - the Hilton Metropoles in London and Birmingham.
Office take-up in Manchester last year was almost double the estimated take-up in Birmingham, according to the latest figures.
St Modwen has been given the go-ahead for 800,000 sq ft of development on a 35 acre site in Tamworth, east of junction 10 of the M42.
Land Securities is considering an alternative scheme in Worcester after conceding defeat in its efforts to develop a £150m retail park anchored by John Lewis on the outskirts of the town.
West Midlands Property Features
Decimated by bombing in the Second World War, Coventry was rebuilt in a spectacular celebration of post-war architecture. However, many of the city’s brutalist offices are now visibly beyond their sell-by date and plans are afoot to transform Coventry once again.
The ‘Midlands engine’ is thought of by many as a sibling to the ‘northern powerhouse’.
It was built to scrutinise Victorian Birmingham’s precious gem and metal trade. Now, more than 150 years on, the former Assay Office in the city’s Jewellery Quarter has become the hottest flexible office space in town.
Anyone looking for a meal out in Birmingham will find themselves a lot more spoilt for choice these days. And that’s just picking which Michelin-starred establishment they fancy (there are five at the moment, if you’re counting).