Birmingham news and blogs Thursday 16 August 2018
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Business
GVA letting at Solar Park, Solihull shows popularity of mid-box warehouse sector 

16 Aug 18

Acting for Aberdeen Standard Investments, GVA has completed the letting of a warehouse and industrial unit totalling 67,802 sq ft at Solar Park in Solihull, on completion of a comprehensive refurbishment.


Business
Region’s commercial property market remains in good shape 

16 Aug 18

Martin Zaki, who is the Head of Agency in the Wolverhampton office of Towler Shaw Roberts, reflects on the local commercial property market: The commercial property market in Wolverhampton and surrounding areas remains in good shape, particularly…


Business
Next opens giant West Midlands store at intu Merry Hill 

15 Aug 18

Next has opened one of its biggest stores in the UK as part of intu Merry Hill’s multi-million-pound transformation programme.


Business
GVA completes Birmingham’s Aqua House with letting to the Environment Agency 

15 Aug 18

Aqua House in Birmingham is now fully occupied after GVA completed a deal to let 27,000 sq ft of Grade A space to the Environment Agency.


Business
St Francis Group announces sale of 7 acre site to West Midlands Combined Authority 

15 Aug 18

St Francis Group, a leading UK-based property development and investment group and an expert in brownfield development and regeneration is pleased to announce that it has sold 7 acres of land at Bentley Point, Cemetery Road, Darlaston, Willenhall…


Business
Lack of quality Grade A office supply in out-of-town market sparks demand for spec development 

10 Aug 18

Lack of Grade A office supply in the Birmingham out-of-town office market will result in an increase in speculative development over the next 12 months, according to the latest research from real estate consultancy, Colliers International…


Business
Institute casts about for a new headquarters 

9 Aug 18

The Institute of Cast Metal Engineers (ICME) has moved its headquarters to the new National Foundry Training Centre in Dudley Port, Tipton.


Business
Fit out specialist Overbury boosts parent group’s results 

9 Aug 18

National fit out and refurbishment specialist Overbury which has offices in London, Birmingham, Bracknell, Glasgow, Leeds and Manchester, has contributed to half year results released this week (8th August), by parent company Morgan Sindall…


Business
Smaller office deals continue to dominate Birmingham market 

8 Aug 18

Smaller offices once again formed the majority of transactions in Birmingham city centre and Edgbaston in the second quarter (Q2) of 2018, showing that small businesses remain highly active in the city, and are still keen to sign traditional…


Business
University of Birmingham appoints Willmott Dixon for second major project of 2018 

7 Aug 18

Willmott Dixon has secured the £46.5 million contract to deliver a new home for the University of Birmingham’s School of Engineering.


Business
Top DIY tools specialist helps to fill Wolverhampton trading estate, thanks to Bulleys 

6 Aug 18

A DIY and construction tools rental specialist has opened a branch with six new jobs at a refurbished Wolverhampton trading estate, thanks to a successful marketing campaign by Bulleys.


Business
New HQ for expanding Goold Estates 

3 Aug 18

Ambitious Midlands-based commercial property developer, Goold Estates, has relocated to a high profile new head office near Birmingham.


Business
Unity Trust Bank extends commitment to Brindleyplace 

1 Aug 18

Unity Trust Bank, a commercial bank with a social conscience, has recommitted to Birmingham’s Brindleyplace estate, extending its lease and moving to a larger space.


Business
Lack of supply taking toll on Solihull office market 

1 Aug 18

Lack of supply is taking its toll on the M42 and Solihull office market, following a lacklustre quarter of deals, according to Solihull and Birmingham-based independent commercial property agency KWB.


Business
Corstorphine + Wright upgrades space at Birmingham’s Alpha Works 

1 Aug 18

National architectural practice, Corstorphine + Wright has up-scaled its Birmingham office in line with rising demand for the firm’s services.


Business
Workspace signs up two new tenants as organisations focus on ‘out of city’ working 

1 Aug 18

One of Wolverhampton’s hidden office ‘gems’ is celebrating after it secured a further two tenants, leaving it with just one available space.


Business
Developers start on site at Port Loop, Birmingham 

30 Jul 18

Work has begun on Birmingham’s most exciting new development – the transformation of Port Loop.


Business
Engineering supply group moves into new Halesowen base thanks to Bulleys 

27 Jul 18

A West Midlands based distributor of specialist engineering products has moved 20 jobs into a 14,000 sq ft industrial unit in Halesowen, in a deal sealed by Bulleys.


Business
Active first half of 2018 for Topland Group 

27 Jul 18

Topland Group has completed almost £40m of transactions in the first half of 2018, demonstrating its ongoing appetite for opportunity driven commercial property deals.


Business
CSI opts for Birmingham Business Park for new regional HQ 

26 Jul 18

Computer Systems Integration Ltd (CSI), one of the UK’s leading providers of cloud computing and cyber security services, is to open a new office at Birmingham Business Park.


Business
Birmingham’s largest office investment exchange of 2018 completed 

26 Jul 18

RPMI Railpen and Nurton Developments have exchanged on Birmingham’s largest investment transaction of the year, with Railpen acquiring 2 Colmore Square and Cannon House in the city centre.


Business
Serviced offices dominate Birmingham office market 

26 Jul 18

Serviced office providers dominated office deals in Birmingham city centre in the second quarter (April to June) of 2018, taking some 55% of the total space transacted, according to Birmingham-based independent commercial property agency KWB…


Business
Flatpack furniture specialist moves 100 staff to historic aerospace site, helped by Bulleys 

26 Jul 18

One of the UK’s largest independent importers and wholesalers of flat pack furniture has expanded into an historic Wolverhampton building, in a deal arranged by chartered surveyors Bulleys.


Business
Pantheon Park poised for significant investment 

25 Jul 18

One of the UK’s leading car dealership groups has been given approval to create a major new car sales facility in Wolverhampton, Stoford Developments and Bridges Fund Management announced today.


Business
Knight Frank Investment Management funds £9.5m distribution warehouse at Worcester Six 

24 Jul 18

The Birmingham office of Knight Frank’s Capital Markets team has advised Knight Frank Investment Management in the funding of a £9.575 million distribution warehouse now under construction at the Worcester Six Business Park.


Business
Birmingham office market sees improved performance in Q2 

24 Jul 18

Birmingham saw a big rise in businesses moving into city centre offices during the first half of this year, according to national commercial property consultancy Lambert Smith Hampton (LSH).


Business
Colliers’ IPM continues to go from strength to strength with latest recruitment drive 

24 Jul 18

Colliers International’s Investment Property Management (IPM) team is continuing to go from strength to strength as they welcome five new recruits to the Birmingham office.


Business
Seven-up for newly formed commercial real estate agency 

23 Jul 18

It’s a case of seven-up for Holt Commercial as the positive momentum continues since the formation of the company.


Business
Sheet metal specialist invests in Birmingham base 

20 Jul 18

National commercial property consultancy Lambert Smith Hampton (LSH) has announced that a modern industrial/ warehouse building has been sold to a leading sheet metal specialist.


Business
MCS Group completes phase two warehouse at Kingswood Lakeside in Cannock 

18 Jul 18

A multi-million pound warehouse unit at Kingswood Lakeside Business Park in Cannock, Staffordshire, has been completed by construction contractor MCS Group on behalf of Opus Land.


Business
KKR and Quadrant Estates sell Gallagher Shopping Park, Junction 9, Wednesbury 

18 Jul 18

KKR, a leading global investment firm, announces the sale of its retail park at Junction 9 on the M6 to Korean investors, Hana Financial Investments in a real estate fund managed by Korea Asset Investment Management (KAIM), at a transaction…


Business
Willmott Dixon continues Midlands expansion with extension of interiors services 

18 Jul 18

Willmott Dixon is continuing its expansion in the Midlands by introducing Willmott Dixon Interiors to the region.


Business
All change at New Street, Birmingham 

17 Jul 18

Attwood House, on New Street in Birmingham, welcomes two new retailers.


Business
Plans for Peddimore employment park underway 

16 Jul 18

Plans to create Peddimore, a new high-quality employment park are underway as Birmingham City Council’s development partner sets out its commitment to create an economic asset that Birmingham, Royal Sutton Coldfield and the Midlands can be…


Business
GVA continues PMC expansion with double appointment 

11 Jul 18

GVA has continued to expand its Property Management Consultancy (PMC) team in the Midlands with two new appointments.


Business
Experienced Birmingham property agent joins KWB 

11 Jul 18

One of Birmingham’s most experienced commercial property managing agents has joined KWB.


Business
Lord Mayor opens Birmingham’s new private medical practice 

11 Jul 18

A new initiative to combat ill-health among Birmingham’s professional services staff has been opened by the Lord Mayor of Birmingham, Councillor Yvonne Mosquito.


Business
Companies looking to follow Greggs and Subway into Redditch development 

9 Jul 18

Work on a major industrial/trade park development in Redditch has been completed – and companies are lining up to take space at the scheme.


Business
Central Birmingham office market take up figures Quarter 2, 2018 

6 Jul 18

Office take up in quarter two, 2018 in the central Birmingham office market totalled 169,929 sq ft in 31 deals as scheduled in the table below, compiled by the Birmingham Office Market Forum.


Business
“Good value” commercial property investments harder to find 

6 Jul 18

The weight of money flowing into commercial property investments is making it increasingly hard for investors to find good value opportunities, but they should not be tempted to overpay, according to Birmingham-based specialist real estate…


Business
Bond Wolfe deals reflect demand hotting up for West Midlands business space 

6 Jul 18

Commercial property agents Bond Wolfe have completed another two deals which reflect the continuing strength of the West Midlands property market.


Business
GVA secures major appointment to Birmingham’s landmark Beorma Quarter 

4 Jul 18

GVA has been appointed to manage a major mixed-use development in Birmingham, which will include a 27-storey office and residential tower.


Business
Masgroves swaps London for Birmingham with new approach to communication 

4 Jul 18

A leading communication specialist is relocating to Birmingham after securing a number of new contracts in the West Midlands.


Business
Steelpark success sees Goold repay loan early 

3 Jul 18

A commercial property company has re-paid a three-year loan ahead of schedule after attracting several high-profile occupiers to a multi-million pound speculative development in the West Midlands.


Business
KWB industrial agency qualifies as Chartered Surveyor 

3 Jul 18

A member of KWB’s Industrial Agency team has qualified as a Chartered Surveyor.


Business
Black Country industrial estate sold for in excess of £2.6million 

2 Jul 18

Joint agents Harris Lamb & McLaren Partners have sold a multi-let industrial estate in Dudley to Canmoor for more than £2.6 million.


Business
Two commercial property experts take Thursfields staff number over 150 

2 Jul 18

Thursfields Solicitors has recruited two more legal experts to join its expanding Commercial Property department, taking the company’s total staff figure over 150 for the first time.


Business
Insurance company Chubb takes space at The Colmore Building 

28 Jun 18

AshbyCapital, the property investment advisory company, has let the remaining space on the second floor at The Colmore Building, its multi-let office building in Birmingham’s Colmore Business District, to international insurance company, Chubb…


Business
REI announces major Wolverhampton office acquisition 

27 Jun 18

Real Estate Investors plc (REI) has announced its second major deal in the West Midlands in less than a week.


Business
GVA recommits to Birmingham’s Brindleyplace with lease renewal and refurbishment 

26 Jun 18

GVA has confirmed its commitment to the Midlands market by taking a five year lease on 25,973 sq ft of space across three floors at Three Brindleyplace in Birmingham, where it has been based for 20 years.


Business
Halesowen retail investment changes hands for £1.625million 

26 Jun 18

A retail warehouse investment in Halesowen has been bought for £1.625 million.


Business
Stoford bowled over by new project manager 

26 Jun 18

The construction team at commercial property developer Stoford Developments has been bolstered with the appointment of Ben Gwilliam as project manager.


Business
REI pays £4million for prestige Bromsgrove business park 

25 Jun 18

Real Estate Investors (REI), the Birmingham-based, AIM-listed real estate investment trust, has acquired the freehold of a major business park close to Junction 1 of the M42 in Worcestershire.


Business
Planning granted for 9000 sq m medical space at Pebble Mill 

22 Jun 18

Calthorpe Estates’ application to increase their approved Building 4 proposals at Pebble Mill, an ambitious mixed medical facility building to 9,000 sq m from the original 5,000 sqm vision first approved back in 2014, was today approved…


Business
Belbroughton office freehold sales underline demand for courtyard office space 

20 Jun 18

Birmingham independent commercial property agency KWB has sold the freehold of two courtyard office units in Belbroughton, near Bromsgrove in Worcestershire, underlining the demand for freehold courtyard office space.


Business
Bulleys helps recruitment agency expand into new base 

20 Jun 18

A fast-growing industrial recruitment agency has moved into a new and bigger base in the Black Country, in a deal sealed by Bulleys.


Business
Buccleuch Property invests in Walsall units 

15 Jun 18

Buccleuch Property has commenced a comprehensive programme of refurbishment after acquiring two industrial/warehouse units in the West Midlands, leading commercial property consultancy Lambert Smith Hampton (LSH) has announced.


Business
Sleep Design wakes up to refreshed business unit 

15 Jun 18

One of the UK’s biggest distributors of beds and mattresses has agreed a new 10-year lease at Beecham Business Park, in Aldridge, commercial property company Goold Estates has announced.


Business
Overbury fit out delivers gold for Aston University 

15 Jun 18

A refurbishment project at a West Midlands university has achieved a prestigious gold rating for environmental good practice.


Business
Growth of city centre fit-outs prompts appointment of new project manager at JLL 

14 Jun 18

Darren Jeal has been appointed as project manager to JLL’s Building Consultancy’s Project Management team, as Birmingham’s regeneration creates significant growth for the company.