Family investor Folkes Properties has completed the lettings at its West Midlands’ industrial development Britannia Park, securing a 10-year lease to car park and highways safety supplier Traffic Management Products.
Co-working and serviced office providers are on course to take up more office space in the regions this year than they did in 2017 – in contrast to central London where take-up looks set to be lower.
Blue Marble, the Birmingham asset management specialist with more than £100m assets under investment, has launched a commercial property investment fund aimed at high net worth individuals and professional investors.
Amazon is to open its first corporate office outside of London in Manchester’s Hanover Building.
The Mayor of London, Sadiq Khan, has launched a new £10m fund for councils to boost their housing and planning teams.