All West Midlands articles – Page 7
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News
Midlands industrial take-up down 33% year on year in 2022, says Knight Frank
Industrial take-up fell by a third to 15m sq ft in 2022 from 2021 levels, while investment fell 36% to £2.4bn, according to Knight Frank.
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Event Hire UK takes 55,000 sq ft at Barberry’s Wolverhampton site
Event equipment hire firm Event Hire UK has taken a 15-year lease on a 55,575 sq ft Wolverhampton warehouse owned by developer and investor Barberry Industrial for its new headquarters.
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M7 defends Mailbox REIT after big drop in office asset’s value
Manager of REIT that holds Birmingham building says it is performing well, but valuers are being cautious
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St Modwen buys Birmingham and Manchester business parks
St Modwen Logistics, owned by US private equity giant Blackstone, has acquired business parks in Birmingham and Manchester totalling 175,000 sq ft.
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Hammerson hosts Sandbox VR at Birmingham shopping centre
Virtual reality firm Sandbox VR has selected Bullring & Grand Central, Birmingham’s largest shopping centre owned by property giant Hammerson, for its largest site and first UK location outside London.
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Birmingham’s Mailbox slumps in value
Mailbox REIT has revealed a sharp fall in the valuation of its Birmingham office-led asset.
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Sellers’ prayers answered in last Bond Wolfe sale of 2022
Birmingham church fetches £902,000 as auction house raises £20.8m and scores success rate of 94%
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Hammerson unveils plans for major office overhaul of Birmingham John Lewis
Hammerson has submitted plans to turn the former John Lewis store in Birmingham’s Grand Central shopping centre into a major office development.
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Four tenants lease 20,000 sq ft at Birmingham Business Park
Deals for over 20,000 sq ft of office space have been agreed at BlackRock-owned Birmingham Business Park, located off Junction 6 of the M42 and Junction 4 of the M6 motorways.
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Cole Waterhouse and Taurus sign JV for 943-home Birmingham site
Developer Cole Waterhouse and US private equity real estate firm Taurus Investment Holdings, through its UK arm Taurus RE Investment (Taurus UK), have agreed a second joint venture partnership to bring forward a 943-home development in Digbeth, Birmingham.
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Harworth sells first parcel of Ironbridge site to Barratt and David Wilson Homes
Brownfield regeneration specialist Harworth Group has sold a nine-acre plot on the site of the former Ironbridge Power Station to housebuilders Barratt and David Wilson Homes for an undisclosed amount.
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Aston Villa nets planning approval for stadium expansion
Aston Villa Football Club has been granted planning approval by Birmingham City Council for the first phase of the redevelopment and expansion of Villa Park.
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Gove accuses housing providers including Birmingham and Lambeth of failing residents
Housing secretary Michael Gove has attacked 14 social housing providers including Birmingham City Council and Lambeth Council for failing residents.
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£2.5bn JV to deliver 2,000 Warwickshire homes
Warwickshire County Council and its property company Warwickshire Property & Development Group (WPDG) have launched a joint venture (JV) with Countryside Partnerships to develop £2.5bn of projects to deliver 2,000 homes across the county.
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Midlands Lloyds and HSBC branch sites sold for combined £1.26m
Two sites used by high street banks Lloyds Banking Group and HSBC have been sold in the Midlands by agent Bond Wolfe for a combined £1.26m, despite the national trend for branch closures continuing apace.
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Hammerson strikes bowling deal for Birmingham’s Bullring
Tenpin bowling operator Lane7 Group has agreed to take 28,000 sq ft at property giant Hammerson’s Link Street, Birmingham, which connects the Bullring and Grand Central shopping centres.
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CMA approves £3.3bn Student Roost acquisition after offer to sell assets
The Competition and Markets Authority (CMA) has approved GIC and Greystar’s £3.3bn takeover of Student Roost after the pair agreed to sell two of its Birmingham sites.
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Moorfield Group buys 57,000 sq ft of Birmingham sheds
Real estate fund manager Moorfield Group has acquired two Birmingham warehouses totalling 56,746 sq ft for £5.3m from an unnamed UK institutional investor.
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Regional REIT signs Global Banking School for Birmingham office
Regional REIT has signed Global Banking School (GBS) to its vacant Norfolk House offices in Birmingham in one of the city’s biggest office lettings of the year.
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St Modwen gets green light for 200 homes on Longbridge site
Developer St Modwen Homes, owned by Blackstone, has secured full planning permission to build an additional 205 new homes at Longbridge on the historic MG Rover site in Birmingham.