All West Midlands articles – Page 3
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News
Stoford and BlackRock fund submit plans for 302,000 sq ft Coventry shed
Commercial property developer Stoford and BlackRock UK Property Fund (BUKPF) have submitted a detailed planning application for the redevelopment of a 16.4-acre logistics complex in Coventry.
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Cash-strapped Birmingham City Council to auction off property
Cash-strapped Birmingham City Council is to sell 29 disused properties and commercial ground leases at a Bond Wolfe auction next month.
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NFU Mutual acquires prime Birmingham office from Ardstone
NFU Mutual has acquired 1 Newhall Street in Birmingham from the Ardstone Regional Office Fund for an undisclosed price.
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Patron and Curation JV acquires £15m 140-bed Birmingham PBSA scheme
Pan-European institutional investor Patron Capital on behalf of its joint venture with investment manager Curation Capital has acquired a 136-bed purpose-built student accommodation (PBSA) scheme in Birmingham.
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Insight
Prosperity Group greenlit for 146-home development in Birmingham
Residential developer and investor Prosperity Group has secured planning permission for the delivery of 146 new apartments in Birmingham’s Southside.
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AM alpha acquires 220-unit BTR Westminster Works scheme in Birmingham
Munich-based real estate investment firm AM alpha has acquired the 220-unit build-to-rent (BTR) development Westminster Works in Birmingham for an undisclosed amount.
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Hammerson welcomes 115,000 sq ft of retail openings at Bullring & Grand Central
Hammerson has announced 115,000 sq ft of new retail openings at Bullring & Grand Central in Birmingham after a flurry of new openings late in the year.
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Birmingham council looks to £2.4bn property portfolio as first cuts announced
Birmingham City Council has approved a new property committee, which will be tasked with selling off assets, as the local authority looks to its £2.4bn property portfolio to bridge a large budget deficit.
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2023 in review: words from the wise
It’s that time of year when thoughts turn to the months gone by. Rather than attempt to come up with my own sage observations, I have instead purloined the thoughts of the industry’s finest, all of whom were interviewed by Property Week over the past year.
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Chancerygate and Bridges Fund Management snap up Birmingham site for development
Chancerygate and Bridges Fund Management have acquired a former automotive plant in Birmingham to deliver a 300,000 sq ft industrial and logistics development.
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BARJANE purchases Rugby site for 100,000 sq ft I&L scheme
French industrial and logistics real estate specialist BARJANE has purchased its second UK site for an I&L development – a five-acre plot of land in Rugby ‘s Central Park estate.
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Warrington Council facing major loss from Mailbox investment
Warrington Borough Council looks set to lose millions of pounds from a retail, leisure and office investment in Birmingham, adding to debts of £1.8bn facing the local authority.
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Developers submit plans for first phases of Coventry city centre regeneration
The Hill Group and Shearer Property Group (SPG) have submitted a reserved matters application for the first two phases of a regeneration project for Coventry city centre.
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MDM and Hana secure £90m refinancing for West Midlands retail park
MDM Asset Management and Hana Securities have secured a £90m refinancing deal for Gallagher Shopping Park in Wednesbury in the West Midlands.
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Wavensmere Homes to replace L&G on £150m Wolverhampton resi scheme
The City of Wolverhampton Council has selected Wavensmere Homes as its preferred partner for the £150m Canalside South residential scheme to replace Legal & General.
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Insight
Timber land: PW pays visit to Barratt Homes’ new Derby factory
Barratt Homes is betting big on wooden construction as part of its net zero strategy. Property Week visits the housebuilder’s new factory in Derby to find out more.
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Mills & Reeve swaps Colmore Row office for Paradise Birmingham
Law firm Mills & Reeve is swapping its Colmore Row office in Birmingham for a bigger space at MEPC’s landmark One Centenary Way.
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Burgin steps up to head Savills’ Birmingham office
Savills has promoted director Victoria Burgin to head of its Birmingham office.
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Gym operator to make UK debut in West Midlands shopping centre
Fitness operator XTRAFIT is set to make its UK debut with a 40,000 sq ft gym in a former Debenhams in the Merry Hill shopping centre in Brierly Hill, West Midlands.
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News
Avison Young to market government’s Warwickshire Rosalind Franklin Laboratory
The Department for Health and Social Care has appointed Avison Young to sell the Rosalind Franklin Laboratory, a 236,231 sq ft state-of-the-art facility and former Covid-19 testing base in Leamington Spa, Warwickshire.