By Nick Johnstone2010-09-01T09:36:00+01:00
Birmingham City Council has identified £90m yearly savings on “back office” costs, which will include money earned from the sale of assets.
To read the full story on www.PublicPropertyUK.com, click here: Asset sales among £90m savings identified by Brum
RPS, a global professional services firm, has named Faraz Baber as the new operational director for its Midlands and South East planning teams.
Zorin Finance has agreed a £10.5m development loan to help fund a Birmingham residential scheme by West Midlands developer Charles Jordan Homes.
Real Estate Investors (REI), the Birmingham-based REIT, has seen pre-tax profits rise to £9m for the six months ending June 30, reversing a loss of £3.8m a year earlier.
Blackstone portfolio company BioMed Realty has said it plans to deliver approximately 800,000 sq ft of additional “high-quality” purpose-built lab space, following the acquisition of two new sites in Cambridge.
London-based property firm Castleforge Partners has acquired Edinburgh hotel the Crowne Plaza Royal Terrace for an undisclosed sum.
M&G Real Estate has secured planning permission for a three-unit 820,000 sq ft distribution warehouse at the 40-acre Brackmills Industrial Estate in Northampton, which it acquired in 2012.
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