Midlands Business News

Appetite from lenders to finance commercial property deals in Birmingham is increasing with the main high street banks as well as some more specialised lenders aiming to lend more this year

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The Birmingham office of global property consultants Cushman & Wakefield (C&W) has warned that businesses seeking out-of-town office buildings in the Midlands may be in for a nasty surprise.

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Pilz Automation Technology has now completed a major move into a new purpose-build headquarter building on Southern Gateway Business Park, Oakley Hay in Corby – a key gateway site into the town. With the dedicated 11,000 sq ft property comprising of warehousing and offices on a one acre site, Pilz has increased floor space over [...]

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Dull office environments are crippling companies by killing creativity, according to new research.

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Guy Richardson has joined Colliers International as a senior director within its rating team.

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Birmingham’s Warwick Bar has been short-listed for a prestigious Waterways Renaissance Award.

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Leading commercial, agricultural and development property specialists, Mather Jamie, are taking inspiration from the Leicester Riders’ recent sporting success after their first year of supporting the stars of British basketball.

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For the third consecutive year, a surveyor from commercial property agency, Prop-Search has been recognised as Northamptonshire’s most active agent in a prestigious national competition.

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Matthew Long is to join Colliers International as a director in its national offices team, based in Birmingham.

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Work is to get underway later this month on a £250,000 project to renovate a former community centre in Rugby into a day nursery. Around a dozen jobs will be created when the Brownsover Community Centre in Hollowell Way is rejuvenated by specialist commercial property developer, UK & Maine. The company, who bought the building [...]

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Demand for smaller office units in Bromsgrove is strengthening, according to local commercial property consultancy GJS Dillon LLP, which has just has sold two office buildings in the town after going to final and best offers.

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Property consultants Bruton Knowles have been instructed to dispose of a 7.13 acre (2.88 hectare) site in Wolverhampton.

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Office fit out specialist Overbury is celebrating after clinching a coveted Considerate Constructors award for its work on the East Midlands headquarters of one of the world’s leading games developers.

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The Carlyle Group, owner of Birmingham’s Colmore Plaza development, is extending the building’s already outstanding range of occupier facilities with the installation of a new gym.

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Following the successful letting of the first phase of upgraded accommodation at Embassy House in Birmingham’s central business district, a further speculative refurbishment of 30,000 sq ft is underway with practical completion expected by June 2013.

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Jane Morcom has joined Centrick Property as business manager for its newest Birmingham branch.

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A trio of shopping malls – managed by the Birmingham office of global property consultant Cushman & Wakefield – are beating the High Street shopping blues.

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A report highlighting how 11,500 new homes could be created by converting 7.4million sq ft of the UK’s obsolete office stock has been launched in the Midlands by national commercial property consultancy Lambert Smith Hampton (LSH).

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Innes England has been awarded a new contract to handle lease consultancy work by The Co-operative Group.

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Following intu’s announcement last month that it intends to invest over £35m at intu Victoria Centre, the first steps have been taken with the submission of a planning application today for the Lower Parliament Street entrance, designed to enhance the physical appearance of the southern elevation of the centre. Planning permission is being sought for [...]

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Notts-based commercial property consultancy NG Chartered Surveyors has taken one of the top slots in a flagship national award scheme.

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Expanding manufacturer SRS Precision Engineering has relocated to a 12,000 sq ft unit at the Old Forge Trading Estate, Lye, West Midlands in a deal turned around in double quick time by estate owners Folkes Holdings Ltd.

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A Midlands-based commercial property agent has its sights set on further growth after increasing turnover by 24 per cent in 2012/13.

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Chesterfield’s commercial property offering has been brought to the attention of national investors after the town’s Waterside development was announced as one of the UK’s largest Regeneration

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A new independent body art studio ‘Inkling’ is the latest creative business to move into Leicester’s digital media and arts centre, Phoenix Square.

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A new bill aimed at fast-tracking large-scale business and commercial projects could help to unlock major pieces of land says local planning expert

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National commercial property consultancy Lambert Smith Hampton (LSH) is bringing an historic Leicester Victorian shopping arcade to market following an impressive £3 million restoration.

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After Lambert Smith Hampton (LSH) denounced the Budget 2013 for failing to address Empty Property Rates (EPR), the commercial property firm is now calling on the Business Secretary

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Every little helps for Black Country property agents Bond Wolfe. Tesco Stores has leased the last remaining space at Guardian House in West Bromwich. The 4,500 sq ft suite has been taken as the supermarket giant prepares to train new staff for the New Square development that has been constructed next door. James Mattin, Bond [...]

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Kind-hearted staff at leading global real estate services firm Cushman & Wakefield have raised £5,000 for Birmingham Children’s Hospital.

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The Ministry of Justice is expanding its Wolverhampton operation in a move aimed at cutting a backlog of tribunal cases. Black Country property agents Bond Wolfe have put together a deal for the MoJ to grow its existing location in the city. The Ministry is currently in 2,000 sq ft at Waterloo Court but is [...]

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Midlands developer Decorum Estates is beginning a new phase of development at its Swan Valley Business and Innovation Centre in Northampton

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The Birmingham office and UK headquarters of property consultants Rider Levett Bucknall is relocating to Cathedral Court, in the heart of the city’s professional core on Colmore Row. Rider Levett Bucknall has taken a ten year lease on 7,250 sq ft of Grade A space and will move into the new offices in June 2013. [...]

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Minworth Trade Park has attracted two more tenants making it one of the most successful and diverse Trade Parks in the UK.

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Small retailers could find themselves out of pocket defending accident claims, even when they are found not to be at fault, says commercial property agent Prop-Search

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An expanding business has moved into new premises in Alfreton in a deal secured by property consultancy Innes England.

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Birmingham-based intellectual property specialists Forresters are going back to their roots.

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A new independent café has taken up Nottingham city centre premises following a deal secured by Innes England.

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DTZ Investment Management has secured another long term letting at their recently acquired Holford Industrial Park in north Birmingham.

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Birmingham Properties Group, advised by Savills, has let the third floor of 172 Edmund Street in Birmingham to Carlisle Staffing Plc. The recruitment firm has agreed a new nine-year lease on office accommodation totaling 2,672 sq ft (248 sq m). Jonathan Ottewell, associate at Savills Birmingham, comments: “This new office allows Carlisle Staffing to consolidate [...]

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Lambert Smith Hampton (LSH) has been appointed by Nationwide Building Society (Nationwide) as their corporate real estate advisers across the UK.

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The UK’s largest independent commercial property consultant and the Midlands leading national property advisor, GVA, has successfully tendered for a five year contract with the Canal & River Trust.

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More than 2,900 members of the public visited Two Snowhill following the launch of the Birmingham city centre office development this month (April). Developers Hines and Ballymore took the unprecedented step of opening the revolving doors of the 310,000 sq ft building to the public for ten days, laying on a performance installation by Birmingham-based [...]

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Enquiries and requirements for commercial property in Birmingham have seen a healthy increase over Q1 2013 following a slow start to the year, according to research from GVA, the UK’s largest independent property consultant.

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Black Country property agents Bond Wolfe have donated £2,458 to Sandwell Community Caring Trust in a bid to help those failed by the education system.

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Hortons is celebrating one of its largest lettings in the past 12 months, as Doosan Enpure Ltd sets up business in 10,000 sq ft of offices at its scheme, 2 The Limes on Parklands Business Park, Birmingham.

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Having expanded its operations to The Minton Business Centre in Far Cotton, Northampton, Stagecoach has announced that it now plans to sell its former site in the town.

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The UK’s number one provider of car parts online has completed a move to a £4 million scheme on Telford Way, Kettering, occupying the last available unit and joining a host of other national firms.

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11,500 new homes could be created by converting 7.4m sq ft of the UK’s obsolete office stock – according to national commercial property consultancy Lambert Smith Hampton’s (LSH) latest research

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Two of the town’s top property professionals have called on landlords to embrace the “pop-up” shops phenomenon which is spreading across the UK as a way of boosting Stratford-upon-Avon’s retail trade this summer.

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