All West Midlands articles – Page 5
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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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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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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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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.
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Praxis and Veld Capital buy Birmingham campus Brindleyplace for £125m
Property investment platform Praxis and private credit investor Veld Capital have bought Birmingham’s mixed-use campus Brindleyplace in a deal worth £125m.
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Staffordshire R&D premises changes hands for £6.5m
Siddall Jones has advised an undisclosed vendor on the £6.5m sale of a warehouse and office premises on Fradley Park in Staffordshire.
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Housing Growth Partnership invests £18m to fund new Midlands homes
Lloyds-backed equity investor Housing Growth Partnership (HGP) has invested £17.7m of equity across seven housing schemes in the Midlands since the start of 2023.
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Lloyds signs major flex office lease in Birmingham
Lloyds Banking Group has taken nearly 60,000 sq ft of flexible office space at Brindleyplace in Birmingham while it refurbishes its headquarters in the city at 125 Colmore Row.
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Barberry Group buys West Midlands Mecca Bingo hall for £5.92m
West Midlands-based developer Barberry Group has acquired a Mecca Bingo hall in Oldbury, Sandwell, for £5.92m.
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St Modwen Park Broomhall set for expansion as two new leases signed
St Modwen Park Broomhall in Worcester is set for expansion after planning permission was secured for an extra 72,000 sq ft of warehouse space and two businesses signed new leases on the industrial park.
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Avant Homes appoints James as land director
Ashley James has joined housebuilder Avant Homes West Midlands’ senior management team as land director.
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‘National scandal’ of The Crooked House pub fire rages on
Confusion and anger continue to surround The Crooked House in Staffordshire after the popular historic pub was gutted by fire and later demolished, sparking a national debate about the protection of heritage buildings.
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Headline rents as new tenants move into West Midlands industrial parks
Three new tenants have signed headline rent deals to take space at the Octagon Business Centre and Granada Trading Estate in the West Midlands.
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Abrdn markets new Birmingham warehouse
Investment firm abrdn has started marketing Gravelly Point at Gravelly Industrial Park in Birmingham to prospective tenants, following its recent completion at a cost of just under £27m.
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LCP purchases Weavers Wharf Shopping Park from Nuveen Real Estate
Property and investment company LCP has acquired Weavers Wharf Shopping Park in Kidderminster, Worcestershire, for an undisclosed sum from Nuveen Real Estate.
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Touchwood Shopping Centre signs trio of fashion brands
Three major fashion brands have signed undisclosed deals to set up shop in Touchwood Shopping Centre in Solihull.
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Aviva launches JV with Moda to build 1,000 Birmingham BTR homes
Aviva Capital Partners (ACP) has joined forces with Moda Living to back a £400m build-to-rent (BTR) development in Digbeth, Birmingham.
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St Modwen Park Meaford set for 1.2m sq ft I&L expansion
Industrial and logistics developer and manager St Modwen Logistics has secured outline planning consent from Stafford Borough Council for a 1.2m sq ft multi-phase development of St Modwen Park Meaford near Stoke-on-Trent.
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Potter Space secures planning permission for 96,000 sq ft industrial expansion
Industrial and logistics developer Potter Space has received planning consent for industrial units totalling 96,000 sq ft at its Droitwich business park in Worcestershire.
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Regal Property Group seeks funding for £200m Birmingham BTR scheme
Regal Property Group is seeking forward funding for a £200m build-to-rent scheme in Birmingham.