All West Midlands articles – Page 4
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News
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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News
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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News
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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News
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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News
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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News
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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News
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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News
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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News
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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News
Burgin steps up to head Savills’ Birmingham office
Savills has promoted director Victoria Burgin to head of its Birmingham office.
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News
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.
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News
HBD submits application for first phase of £100m I&L scheme
Developer HBD, part of the Henry Boot Group, has submitted a reserved matters application for the first phase of its £100m GDV SPARK scheme – a 44-acre logistics and manufacturing hub near Walsall in the West Midlands.
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News
Avant Homes greenlit for £34m resi scheme in Walsall
Walsall Council has approved housebuilder Avant Homes West Midlands’ plans for a 150-home scheme in Rushall, Walsall,with a development value of £33.8m.
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News
BBC considers extending lease at Birmingham’s Mailbox
Mailbox REIT said the BBC is likely to stay for up to another two years at the mixed-use Birmingham scheme when its lease expires in 2026.
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News
L&G’s Godfrey becomes WMCA interim director of housing
Legal & General (L&G’s) director of levelling up John Godfrey has been appointed as interim director of housing, placemaking and regeneration at the West Midlands Combined Authority (WMCA), Property Week can reveal.
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News
Property heavyweights urge Sunak not to axe HS2’s northern section
Bosses at some of the UK’s largest property firms are among a list of around 80 business leaders who wrote to the government urging Rishi Sunak not to scrap the remaining northern section of HS2.
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Online
Real Estate Investors hit by worse economy since global financial crisis
Net tangible assets (NTA) at Midlands-based Real Estate Investors nudged down during the six months to the end of June as investment levels hit their lowest point since 2008.
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News
Birmingham City Council considers asset sell-off
Bankrupt Birmingham City Council could be forced to sell off swathes of its land and property from a £2.4bn portfolio in a bid to pay of its debts.