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Commercial Property Business News

Flagship Studley Point lands major letting to ENER-G plc
One of the biggest office lettings along the M42 corridor this year has been completed at Studley Point, Warwickshire where over half of the office development (10,175 sq ft) has been let to sustainable and renewable energy group ENER-G PLC.  

 

Derby based firm Rigby & Co welcomes new associate director
Derby-based commercial property and regeneration specialists, Rigby & Co, have promoted Ben Wisher to the post of associate director after three years with the company.  

 

Midland retailers still struggling, says survey
It’s still a struggle on the High Street for Midland retailers, according to new research by Cushman & Wakefield – but things are improving marginally.  

 

City's prime office assets attract global attention
Britain’s regional office markets continue to be a happy hunting ground for international real estate investors - and Birmingham is on course to top the 2010 deal table.  

 

GVA Grimley expands existing office space at Three Brindleyplace
GVA Grimley’s Birmingham office has demonstrated considerable confidence in the Midlands’ property market with the signing of a deal to expand its existing office space by 6,660 sq ft from August, bringing its total occupation at Three Brindleyplace to 33,260 sq ft.  

 

DTZ and LSH deliver for FedEx in Nottingham
The Nottingham office of leading global real estate adviser, DTZ, together with joint agents Lambert Smith Hampton (LSH), has successfully let a unit on Queens Drive Industrial Estate to FedEx UK Limited. The express delivery specialist has taken a five year lease on a phased rental basis.  

 

Birmingham based C&W volunteers add finishing touches to new school
Pupils in Four Oaks who have broken up for the summer holidays will find their schools looking very different on their return this autumn.  

 

RSC project on schedule for opening night
Three and a half years into its role as Programme and Project Manager to the Royal Shakespeare Company for the Transformation of the Royal Shakespeare Theatre, Drivers Jonas Deloitte continues to keep the landmark project on schedule.  

 

Competition warning on property deals from DLA Piper
Property developers and land owners could face fines and see deals deemed void if they are not careful, David Hayes, head of real estate at the Birmingham office of DLA Piper, has warned.  

 

Overall industrial take-up in the UK fell in Q2 with a marked fall in the East Midlands, reports DTZ
The latest DTZ Research UK Property Times Industrial market report has revealed that the overall volume of available space of buildings over 50,000 sq ft fell in Q2 due to sustained high levels of grade A take-up and a reduced rate of return of grade B and C stock.  

 

Slow first half of year for activity in Midlands business park office market
The Midlands continued to experience weak demand for business park office space in the first half of 2010 while availability increased, according to the latest GVA Grimley Business Parks Review, which monitors office space supply and demand across the UK’s business parks.  

 

Property business expands with appointment of new search agent
Richard Clowes, the well known East Midlands property and land search consultant, has added to his specialist team with the appointment of property search agent, Ashley Bealby.  

 

Triple deal score for Heb
Property agent heb has secured three deals in West Bridgford – which they say proves the suburb is thriving.  

 

Overall industrial take-up in the UK fell in Q2 although take-up in the West Midlands increased by 15 per cent
The latest DTZ Research UK Property Times Industrial market report has revealed that the overall volume of available space of buildings over 50,000 sq ft fell in Q2 due to sustained high levels of grade A take-up and a reduced rate of return of grade B and C stock.  

 

GE Capital real estate secures largest letting in Edgbaston for 12 months
GE Capital Real Estate has secured the West Midlands Specialised Commissioning Team (part of the NHS), as the latest tenants of its 123-127 Hagley Road business park development.  

 

Archial Architects take dynamic new space in Digbeth, Birmingham
Archial Architects, represented by international real estate advisor Savills, has relocated their Birmingham office to newly refurbished premises at The Walker Building in Digbeth.  

 

Birmingham based property specialists' expansion plans pay off
A Birmingham-based firm of residential property mangers have found even more success by opening a new branch in Cheltenham.  

 

Fidelity purchases £22.7m Midlands property portfolio from IM Properties
Fidelity's UK Real Estate Fund has purchased a £22.7m portfolio of modern industrial and office buildings across the Midlands from IM Properties, reflecting a net initial yield of 8.9 per cent.  

 

DTZ secures Telford industrial complex sale
Prospect Estates Ltd has acquired the freehold of Halesfield Seven in Telford in a deal brokered by joint agents, DTZ, Bulleys and Colliers International. The sale, worth £1.83m, represents the largest industrial deal in the town this year and will see the 15.63 acre site sub-divided to create a new industrial estate known as Epic Park.  

 

Jones Lang LaSalle appointed to sell former Staffordshire Police offices near Stafford
The Birmingham office of Jones Lang LaSalle has been appointed by Staffordshire Police to sell the freehold interest of Crossfields, 35 Cannock Road, Baswich near Stafford.  

 

REI buys a £4.5m piece of Colmore Row, Birmingham
Real Estate Investors plc (REI), the Birmingham-based investment company, has swooped to snap up a large piece of prime Colmore Row property in the heart of the city’s professional quarter.  

 

Boiler manufacturer relocates to Highcross' Finepoint in Kidderminster
The Grandee Energy Group, manufacturer of domestic central heating systems, has relocated to Highcross’ Finepoint business park at Kidderminster.  

 

Go green with envy over new eco offices in the East Midlands
One of the few ‘eco-office’ opportunities available in the East Midlands launches today with Savills Nottingham.  

 

MSS Lasers moves into Prospect Park, Rugby
MSS Lasers is the latest high profile business to relocate to a new headquarters at Prospect Park, Cedar House Investments’ successful industrial warehousing scheme in Rugby.  

 

Northampton company clinches agency deal for £10m business hub
Northampton Commercial and industrial property consultants, Drake Commercial, have been appointed as sole agents for the county, for a huge new business hub expected to create a thousand jobs.  

 

Expansion prompts Badenoch & Clark move to Livery Place, Birmingham
International recruitment consultancy Badenoch & Clark is moving its Birmingham office to Highcross’ Livery Place, following recent expansion. The company has taken 6,000 sq ft on a ten-year lease at the city centre offices.  

 

Caterpillar makes tracks to Nexus in Midlands
The Birmingham office of Cushman & Wakefield has completed one of the biggest office deals so far this year with the letting of 12, 013 sq ft (1,116 sq m) space at Blythe Valley Park, Solihull.  

 

Midlands based firm advise that costly lease renewal disputes can be avoided with PACT
One of the region’s top property consultants King Sturge hosted a presentation to the Calderbank Club (a group of landlord and tenant surveyors in Birmingham) on a new RICS guidance note that re-introduces an alternative form of dispute resolution aimed at making the process of settling lease renewal disputes easier and less costly.  

 

West Midlands based REI on the move as Crabtree takes the chair
Real Estate Investors plc (REI), the West Midlands-based property group headed by Paul Bassi CBE, has switched its head office to Birmingham city centre.  

 

Property expert urges Staffordshire to put retail development firmly on its agenda
Focusing efforts to encourage retail development in Staffordshire’s towns and cities could help the area emerge from the commercial property downturn, according to a leading industry expert.  

 

Birmingham based GVA Grimley advises on purchase of new 13-acre site for ATP Industries Group
GVA Grimley’s Birmingham office has advised on the purchase of a 13-acre site (5.35 hectares) at Cannock Wood Industrial Estate for automotive re-manufacturer ATP Industries Group.  

 

Three Midlands brothers raise £5,000 from pedal power
Three brothers who are all Midland property company directors put their portfolios to one side in favour of pedalling their way through a charity challenge.  

 

Midlands based firm Cedar House Investments agrees yet another sale at the Point
There continue to be signs that the state of the local economy is improving as developers Cedar House Investments announce another sale at The Point Office Village, its high profile mixed use scheme on the site of the former Bombardier bogie and signalling works to the west of Pride Park.  

 

Midlands based firm Bond Wolfe bucking the trend with upbeat performance
Black Country property group Bond Wolfe says it is bucking the trend and on course to beat last year’s performance.  

 

Lenders still have appetite but will not flood market with stock as swaps unwind
Savills opened its annual Financing Property presentation today (18 June 2010) in Birmingham addressing lenders on whether the market is heading ‘Back to Normality?’.  

 

Competitive market conditions fuel LSH team expansion in Nottingham
The last 24 months have been challenging to say the least, with many businesses across all industries facing decline and even closure as the UK starts to emerge from the sharpest financial downturn ever seen.  

 

Birmingham office of GVA Grimley takes on Tour De LDC Cycling Challenge
Five members of GVA Grimley’s Birmingham office have jumped into the saddle to take on the Tour de LDC cycling challenge from Lands End of John O’ Groats to raise money for children’s charity Friendship Works this month.  

 

Seven associate promotions at GVA Grimley in Birmingham
GVA Grimley’s Birmingham office has strengthened its expert team of property professionals with seven associate promotions.  

 

Hydraulics suppliers expand at Highcross' Coventry estate
Family-owned supplier of hydraulic and pneumatic equipment, industrial and engineering supplies, Christy Hydraulics, is taking a unit at Highcross’ Central City industrial estate in Coventry.  

 

NHS acquires prime space in Cardinal Square, Derby
The largest city centre office letting in Derby for more than a decade has been completed after NHS Derby City took a lease on 31,834 sq ft of accommodation at Nurton Developments’ Cardinal Square.  

 

Birmingham office of Drivers Jonas Deloitte relocates to Brindleyplace
The Birmingham office of Drivers Jonas Deloitte has relocated to Four Brindleyplace.  

 

Birmingham based Lambert Smith Hampton's high fliers
Alex Hanna and Tim Holtham, surveyors from the Birmingham office of national commercial property consultancy, Lambert Smith Hampton (LSH), threw themselves out of a plane last month in a bid to raise money for the children’s medical research charity, SPARKS (SPort Aiding medical Research for KidS).  

 

Fifth tenant for Eleven Brindleyplace
Argent has completed a hat trick of new lettings in the last month at Eleven Brindleyplace with the announcement that specialist professional recruitment consultancy Robert Walters is to become the building’s latest tenant.  

 

Ultra Green Science Park in Nottingham welcomes Technology company
Nottingham based technology company 121 Systems is the latest firm to move its business operations to the ultra green No.1 Nottingham Science Park, safeguarding ten jobs and creating three new job opportunities.  

 

New lease of life for former Reverb stores
Commercial property consultancy Lambert Smith Hampton (LSH) has secured new owners for the Leicester store of the collapsed music chain Reverb, just six months after its demise.  

 

Eleven Brindleyplace named Best Commercial Workplace
The British Council for Offices (BCO) has recognised Argent’s Eleven Brindleyplace as one of the finest workspaces in the Midlands & East Anglia at its annual regional awards.  

 

Government challenged to support business and property
Business property consultant John Truslove has challenged the new Government to simplify planning laws and kick out unnecessary red tape to help boost the commercial property market.  

 

UK's largest industrial landlord announces rebranding of Potteries Estate
SEGRO, the UK’s largest owner of industrial property has recently announced a rebranding of its successful Lymedale Cross Estate in Newcastle under Lyme.  

 

Birmingham planners drive regeneration of Slough Ward
Drivers Jonas Deloitte’s Birmingham team has received outline planning permission on behalf of Slough Borough Council for the first phase of the Britwell & Haymill Regeneration project.  

 

Leicester's St Martins Square supports entrepreneurialism, says LSH
Independant café operator, Yummylicious is defying the downturn by opening its first store in Leicester’s St Martin’s Square.  

 

Cedar House Investments attracts global business to Tamworth
There are clear signs that the local economy is improving as leading regional developer Cedar House Investments has sold another unit at Calico Business Park, its five and a half acre mixed-use development in Tamworth.  

 

All female team takes victory at the RTPI Young Planners Quiz in the Midlands
A five strong, all female team from GVA Grimley has ran away with the trophy in the annual West Midlands Royal Town Planning Institute’s Young Planners Quiz.  

 

CB Richard Ellis Group, Inc. strengthens industrial capability in the UK with purchase of M3
CB Richard Ellis Group, Inc. (CBRE) have announced the acquisition of M3 Agency LLP (M3), a leading industrial and logistics real estate services specialist in the United Kingdom (UK). The acquisition of M3 represents a significant step in the development of CBRE’s industrial services offering in the UK and across Europe.  

 

Savills scoops National Graduate Awards and continues to recruit in Birmingham
International real estate advisor Savills has won both the Targetjobs National Graduate Recruitment Award and The Times Graduate Recruitment Award following its continued commitment to recruiting and employing the best young graduates.  

 

Simon Weston provides boost to Midlands based firm King Sturge charity appeal
Celebrating 250 years in business, King Sturge was joined by former Welsh Guard, Simon Weston OBE, as they rallied the troops for its 1760 anniversary charity appeal.  

 

Eleven Brindleyplace Birmingham gains a new Friend
Accountants and business advisers Friend LLP have chosen to become the third tenant at Argent’s latest building, Eleven Brindleyplace.  

 

Midlands based firm LSH announces final letting at Colton Street scheme
A significant office building in Leicester city centre is fully occupied following the decision by nationwide training and development firm Rathbone Training to expand its operations within the region.  

 

LSH’s Birmingham Building Consultants buck the market trend
The last 24 months have been challenging at best, with many businesses across all industries facing decline and even closure as the UK starts to emerge from the sharpest financial downturn ever seen.  

 

New partner continues expansion of Birmingham’s largest owner-managed property management consultancy
Pennycuick Collins, one of Birmingham’s largest owner-managed property management consultancies, has appointed Adrian Roddick as partner. Mr Roddick has today become Pennycuick Collins’ fifth partner and he is the second partner to join from Bruton Knowles within the past 12 months.  

 

Nottinghamshire and Derbyshire's investment market strongest for two years
The first quarter of 2010 saw institutional investors make their largest net commitment to the UK property market for more than three years, reveals the latest research by national property consultancy, Lambert Smith Hampton (LSH).  

 

Savills lets Nottingham restaurant within 24 hours
Within 24 hours of instruction, Savills Nottingham has secured a tenant for the former Scruffy’s Restaurant on Stoney Street in the Lace Market, Nottingham.  

 

£61m sale of Shrewsbury shopping centres marks largest deal out of receivership this year in Midlands
The £61 million sale of a trio of shopping centres in Shrewsbury town centre has marked the largest deal out of receivership this year in the Midlands, reports GVA Grimley, LPA Receiver for the transaction.  

 

Highcross agrees Whittle deal with Midlands logistics firm
Highcross has let 56,000 sq ft at its Whittle Estate near Leicester to Gee Force Logistics on a five-year lease.  

 

Planning given go ahead for £125 million Regal Tower
Birmingham City Council has today unanimously resolved to grant planning approval for Regal Tower, a 200m high mixed-use building situated on the corner of Broad Street and Sheepcote Street. Thought to be the highest building outside of London, the scheme will be developed by Midlands based developer, Regal Property Group.  

 

Head of Office appointment for Lambert Smith Hampton's Birmingham team
The Birmingham office of national commercial property consultancy, Lambert Smith Hampton (LSH), has appointed Ian Kibble as Head of Office, where he will also lead the Agency team. Ian is taking over from Terry Corns, who has headed up the Birmingham office for five years, and is now retiring from this role.  

 

Kintetsu gives boost to Derbyshire market
Kintetsu World Express (KWE) has provided Derbyshire’s commercial property market with a major boost this week by reaffirming its commitment to its regional headquarters in Castle Donington.  

 

Gallan Group sign up Travelodge for Cannock
Gallan Group has signed a multi-million pound contract with Travelodge to develop a 60 bed hotel in Cannock and create more than 100 jobs during the construction.  

 

Nottingham based Property Investment Portfolio results sparks shopping spree
Nottingham based property development and investment company Property Investment Portfolio (PIP), has announced that the recession has done little to dent it’s business – with the company seeing a 30 per cent rise in turnover to over £4 million and a 100 per cent increase in profits this year.  

 

Savills continues auction success in the Midlands with lots totalling £2.8million
The Savills team has now sold over 85% of all property offered in the March auction and is still negotiating on a number of unsold lots. This follows the firm’s January auction success rate of 100%.  

 

Midlands firm Shuldham Calverley announce new merger on their 21st birthday
Shuldham Calverley chartered surveyors of Retford, an established force in rural commercial and residential property in North Nottinghamshire and the surrounding counties, is marking its 21st birthday by merging with midlands based Fisher German chartered surveyors to create an even stronger presence in the area.  

 

Midlands based company Heb spring into action for April auction
In its April auction, Nottingham agent heb will bring 17 lots under the hammer which will include several residential properties, a public house and a bit of land on the side.  

 

New hub for training companies in Birmingham city centre
Two training companies have taken more than 27,000 sq ft at SBQ1 and SBQ2, on Smallbrook Queensway, in Birmingham city centre.  

 

Leicestershire metal fabricators expand at Highcross' Whetstone Estate
Leicestershire metal fabricating company, County Fabrications, is moving to Highcross’ Whittle Estate in Whetstone following expansion.  

 

Midlands firms benefit from 'science alliance' in NG7
Within weeks of being instructed by the city council to market Nottingham Science Park, heb successfully let an additional 5,100 sq ft of space to Romax Technology, the world leading driveline engineering consultants.  

 

Brady bunch takes up Victoria Street office in Nottingham
Due to rapid expansion, Nottingham law firm Brady Solicitors has moved to larger premises in the city centre.  

 

Opportunity knocks for local land buyers in the East Midlands
Savills research suggests today that there is a window of opportunity for local land buyers across the East Midlands.  

 

19th century heritage property in the East Midlands becomes contemporary
A 19th century heritage property in the East Midlands is being transformed into 21st century cutting edge office space.  

 

Birmingham Office Market Forum 2010 Map Launch
The launch of the third central Birmingham office market map, created as part of an initiative by the Birmingham Office Market Forum (BOMF), took place recently at Opus Restaurant in the City’s Colmore Business District, demonstrating private and public sector co-operation at its best.  

 

Mansfield's Rok Valley Soars
Rock Valley, the Mansfield based industrial business park that just two years ago was the crumbling site of a double glazing firm, is now a thriving hub of small business activity, according to its owner Arv Soar.  

 

Latest letting boosts Centre City success in Birmingham
The office agency team of leading property consultants, GVA Grimley, has completed a letting on behalf of Shatto Holdings Limited at Centre City in Birmingham.  

 

Highcross attracts accountants to Livery Place, Birmingham
Highcross has let 2,450 sq ft at its Livery Place office building in central Birmingham, to Midlands accountancy firm, Smith Cooper, on a ten-year lease.  

 

RNLI Docks at Quartz Point in Solihull
The Royal National Lifeboat Institution (RNLI) is making a splash in Solihull by becoming the most recent tenant to take space at Quartz Point, SPREFS new £9 million office development.  

 

Orega hosts Business Centre Association's Midlands meeting
Orega’s Colmore Plaza business centre, with its sweeping views across the Birmingham skyline, played host this week to the Business Centre Association’s latest regional meeting.  

 

Executive Resource Group Plans Expansion at Highcross' Livery Place
IcT recruitment specialists, Executive Resource Group (ERG), has taken 2,400 sq ft of office space at Highcross’ Livery Place in the city’s business district due to continued success and ambitious growth plans.  

 

HQ move for Midlands based Adsis
Gladman Developments has completed another office deal in Stafford, with the sale of a 2,250 ft² high specification, purpose-built self contained office at Staffordshire Technology Park.  

 

Flexible terms ensures P x P West Midlands' 750,000 sq ft investment portfolio is 92 per cent let
Regeneration partnership PxP West Midlands has reported a highly successful past 12 months, with its investment portfolio achieving a 92 per cent occupancy rate, even in light of the portfolio growing in size to over 750,000 sq ft.  

 

Birmingham more competitive as London's West End confirmed World's most expensive office location
Birmingham's office market is more competitive as London’s West End is once again the most expensive location in the world to occupy office space in, according to DTZ’s latest Global Occupancy Costs survey.  

 

Rugby Laser Cutting Specialists Invest in iQuarter
Rugby company, MSS Lasers Ltd, is moving to the iQuarter office and industrial scheme, after purchasing two units from developers Highcross.  

 

Midlands firm Opus Land kick starts Staffs property market with flagship design and build coup
Opus Land, one of West Midlands’ leading names in property development, has scored a major coup to develop one of Staffordshire’s biggest design and build schemes, in conjunction with the Palmer GVA Property Fund.  

 

Midlands firm Drivers Jonas to merge with Deloitte to create a new business in the real estate advisory market
Drivers Jonas LLP, the oldest firm of real estate advisors in the world, is to merge with Deloitte, the business advisory firm  

 

Birmingham office market stabilises and investment demand increases
Prime office activity in Birmingham in the fourth quarter of 2009 returned to levels seen earlier in the year following a spike of activity in quarter three, according to latest research from leading adviser DTZ.  

 

Midlands Office of Drivers Jonas Reaches Milestone in £360m Development
The Birmingham office of Drivers Jonas has reached a major milestone in its work on the £360m SouthGate development in Bath.  

 

Bumper lettings boost for West Midlands Property and Investment Company Hovi Developments
A record year of lettings means leading Black Country property and investment company Hovi Developments is in buoyant mood for 2010.  

 

Stockbrokers invest in new Midlands premises
Williams de Broë Ltd, a leading firm of investment managers and wholly owned subsidiary of the Evolution Group plc, has acquired approximately 5,200 sq ft on part second floor at Colmore Plaza in Birmingham.  

 

Demand rises for Fenton Trade Park, Stoke-On-Trent reports St. Modwen
Demand for industrial and warehouse space at Fenton Trade Park is on the rise with over 26,000 sq ft of space occupied and a further 7,385 sq ft under offer at the development.  

 

LSH Birmingham to bring significant Freehold premises to market in the East Midlands
National commercial property consultancy, Lambert Smith Hampton (LSH) has been instructed to dispose of three Freehold industrial premises across Leicester totalling more than 63,000 sq ft.  

 

High Street in high demand explain Midlands based Lambert Smith Hampton
DESPITE the growth of major shopping centres and out of town retail outlets such as Highcross and Fosse Shopping Park, Leicester’s traditional high streets are maintaining their status as successful retail destinations  

 

Engineering company set to thrive in Studley
Engineering company Hawk Industries, one of the UK’s largest independent turned parts manufacturers, has moved into Studley to a factory that will enable it to consolidate recent expansion.  

 

Midlands based LSH witnesses signs of improved occupier activity
While occupier activity across Nottingham is still at a very low level - some 20 per cent down on the same figure last year - there are a small number of encouraging signs of improvement, according to Phil Quiggin, Head of Office Agency at national commercial property consultancy, Lambert Smith Hampton’s (LSH) Nottingham office.  

 

Viva Espana for Wakemans
Property and construction consultancy Wakemans has expanded its portfolio of projects with budget hotel chain Travelodge and announced that it is advising on three major new hotels in Spain, as part of a European expansion programme.  

 

Midlands company Rider Levett Bucknall comes in top one percent of UK employers
INTERNATIONAL property and construction consultant Rider Levett Bucknall has become one of the first construction professionals to achieve Investors in People (IIP) Silver status.  

 

Midlands based Drivers Jonas responds to market demand with new appointment
The Birmingham office of property consultants Drivers Jonas has responded to increased demand for project management services with the appointment of senior project manager, Robert Langley.  

 

Midlands based developer Mercian announces latest planning success and £12m investment for Telford
A Shropshire commercial property developer has announced the latest of an unblemished thirty five year history of ultimately successful planning applications.  

 

Business rates increase may boost Midlands claims commercial property expert at John Truslove
The Government’s decision to raise London’s business rates may encourage companies to move elsewhere in the country, a Midland commercial property expert claimed today.  

 

Midlands LSH helps retailer expand in time for Christmas
BIRMINGHAM-based jewellery retailer RockC & Co has opened a new format store in Leicester city centre in time for the Christmas shopping rush.  

 

Midlands firm LSH's marathon runners on track to raise £2,000 for charity
NATIONAL commercial property consultancy, Lambert Smith Hampton (LSH) has smashed its ambitious target of raising £1,500 for charity following an impressive entry in this year’s Leicester Marathon.  

 

King Sturge advise last chance for appeal to claim back rates
Commercial property owners who are facing tougher trading conditions in 2009 should not waste the opportunity to appeal against the 2005 Rating List issued by the Valuation Office before the deadline of 31 March 2010, according to the Rating team at King Sturge.  

 

'Sofa' so good for Perfect Furniture!
PERFECT Furniture, part of the PF Collections Group, has taken the final unit in the award-winning Axis development in Nottingham.  

 

St Philips Point secures 17,000 sq ft of new lettings
A joint venture between Patron Capital Partners and Princeton Investments has let 17,600 sq ft at the St Philips Point office scheme in central Birmingham.  

 

Year's Largest Distribution Deal Lands In The Midlands
King Sturge’s Birmingham office has completed the largest Midlands’ distribution deal this year, with the acquisition of three warehouses at Hams Hall National Distribution Centre, Coleshill, totalling £34.825 million.  

 

Plans for 200m Regal Tower submitted
An outline planning application for what could be the city centre’s tallest building, Regal Tower, has been submitted to Birmingham City Council by developers Regal Property Group.  

 

First 'Green Wall' In Birmingham City Centre
As pressure mounts on companies to be more sustainable, a Birmingham property developer has taken an innovative approach to further its ‘green’ credentials.  

 

Market Warms To New Lending
The summer may have been a wash out, but Peter Clarke, King Sturges’ valuations partner says there is a ray of sunshine in the lending market if only there was more product.  

 

King Sturge Applies Its Public Sector Skills To Commercial World
Birmingham property experts King Sturge is drawing on its success with the public sector to deliver results through strategic property reviews for commercial clients.  

 

Central Location Keeps OCLC In The City
Birmingham’s accessibility has led 54 Hagley Road to achieve another letting at the Edgbaston based Grade A scheme, luring an occupier across the road to its £15 million refurbished offices.  

 

Bond Wolfe reports a record year for Black Country Lettings
Birmingham and Black Country property investors Bond Wolfe Commercial reports it is experiencing its most successful year despite the worst-ever recession to hit the property market.  

 

Lights, Camera, Action For Hortons
Birmingham’s property community has been out in force raising money for charity, putting its knowledge of movie trivia to the test in a film-themed charity quiz.  

 

Carbon Reduction Commitment Signals Sea-Change For Office Occupiers And Landlords
The Government's Carbon Reduction Commitment (CRC) energy efficiency scheme will lead to a sea-change in office occupier decision-making, according to a Birmingham property specialist.  

 

Birmingham project manager scoops Commonwealth Gold
Jeremy Bragg, senior project manager at Drivers Jonas’ Birmingham office has won two gold medals representing England at the Commonwealth Mountain and Ultra Distance Championships in Keswick.  

 

Mansell centurions raise a knockout charity total
An It’s a Knockout tournament organised by Mansell has raised a charity bonanza of nearly £17,000 for the Mary Stevens Hospice.  

 

Planning application submitted for 37 acre Friargate development in central Coventry
Friargate Coventry LLP (Limited Liability Partnership) has submitted an outline planning application to Coventry City Council for the proposed redevelopment of a 37 acre (15 hectare) strategic site opposite the city’s train station  

 

From residential to retail - heb's auction success
NOTTINGHAM property agent heb will be putting 25 lots under the hammer with a value of nearly £3.5 million at its auction this month.  

 

Showcase of excellence in Edgbaston
Award-winning property developer and investor Calthorpe Estates hosted a showcase of excellence demonstrating why Edgbaston is the best place to live and work.  

 

Barteak sign up new tenant at Avon House
Property developer Barteak Developments has secured its fifth tenant in ten months at Avon House, in Solihull.  

 

The Crossroads goes up for auction
The Crossroads Inn in Lincoln Road, East Barkwith is to go under the hammer this month.  

 

Business is booming at St Martins Square
DESPITE recent claims to the contrary, business is booming at St Martin’s Square shopping centre in Leicester.  

 

Hortons steps up patronage to the arts
One of the city’s most traditional property companies is extending its commitment to the local arts scene, with the launch of a scholarship at a leading dance school.  

 

Amey Selects St. Modwen's Quinton Business Park
St. Modwen has announced that Amey has selected its 16-acre Quinton Business Park scheme in Birmingham for its latest Midlands office requirement.  

 

Driver Jonas Planner Wins RTPI's First Tomorrow's Leader Award
Drivers Jonas employee Joanne Hooper has scooped the Royal Town Planning Institute (RTPI) West Midlands’ inaugural Tomorrow’s Leader Award 2009  

 

Mundys Homes In On Major Property Award
Mundys estate agency in Lincoln is delighted to announce that it has won a prestigious Daily Mail UK Property Award for the ‘Best Estate Agency in Lincolnshire’ for the second year running  

 

£1.5 Million Of Summer Deals For St. Modwen In Derbyshire
St. Modwen, the UK’s leading regeneration specialist, is defying current market trends with a raft of deals amounting to almost £1.5 million completed throughout Derbyshire this summer.  

 

Bromwich Hardy sees bumper summer of deals
Coventry based property consultancy Bromwich Hardy has sealed an impressive volume and value of deals this summer – despite a universally sluggish market.  

 

CBRE Launches Urban Snap Awards
CB Richard Ellis, the world’s largest commercial property adviser, today launched the 2009 Urban Photographer of the Year Award, which is designed to capture the essence of urban life.  

 

Corrective Year For Leicester's Commercial Freehold Industrial Property Market
THE effects of the global economic downturn have ricocheted across all sectors of Leicestershire’s commercial property market over the past 18 months, with nowhere more prevalent than the freehold sector.  

 

City Pub Becomes Community Centre For Charitable Trust
The Hazrat Sultan Bahu Trust is set to transform a city pub into a thriving community centre.  

 

Conservative Plan To Abolish Regional Spatial Strategies Set To Delay Progess Of New Homes
A letter from the Shadow Secretary of State for Communities and Local Government, Caroline Spelman MP has reconfirmed the Conservatives’ intention to abolish regional planning should they come to power at the next general election.  

 

Businesses Turn To Alternative Business Parks
Some businesses seeking new office space are turning to opportunities outside the traditional purpose built office stock, reports Drivers Jonas.  

 

Birmingham Greystone Lettings in running for buy-to-let industry Oscars
Birmingham-based lettings agency Greystone Lettings has been shortlisted for the prestigious Best Letting Agent award at the national Landlord & Buy-to-Let Awards 09.  

 

The Corporate Pod joins Jaguar, Barclays and Selfridges as main sponsors for the Vitalise Women of the Year Awards Luncheon 2009
Birmingham based virtual and serviced office provider, The Corporate Pod today announces that they will be joining this great line up as main sponsor of this year’s Vitalise Women of the Year Awards Luncheon.  

 

LSH Warns Occupiers about The Burden Of Surplus Property
With a continuous stream of second-hand stock returning to the market as a result of downsizing, corporate failures, and mergers and acquisitions, national commercial property consultancy, Lambert Smith Hampton (LSH) has warned businesses not to become complacent and underestimate the difficulties involved in disposing of unwanted accommodation.  

 

Former Nottingham Police Station sees off the long 'pharm' of the law
From the “old bill” to the “old pill”…a former police station in Hyson Green is set to become a 100-hour pharmacy.  

 

Biggest East Midlands property deal of the year at Core 27 in Nottingham
A joint venture company has taken Building One at Core 27 at Sherwood Park – the largest single letting in the East Midlands office market this year.  

 

Argent unveils Meetingspace team at Eleven Brindleyplace
Brindleyplace developer Argent has created a dedicated team to run Meetingspace, its innovative serviced meeting room solution within its latest Birmingham development, Eleven Brindleyplace.  

 

Four Surveyors and a Marketeer
The Leicester office of national commercial property consultancy, Lambert Smith Hampton (LSH), announced this week that it is aiming to raise £1,500 for children’s medical research charity, Sparks.  

 

Charter Point is model home for new model car company
Despite the on-going economic downturn, leading Midlands developer Cedar House Investments has announced the lease of further office space at Charter Point its five-acre, flagship office development in Ashby.  

 

It's no joke - The Jester pub in Nottingham gets hammered!
A Nottingham City pub is expected to be packed out next week – but not a drop of alcohol will be served.  

 

City Spirit St Paul’s Bucks the Trend with 2plan Wealth Management expanding into the Midlands
Premier Birmingham serviced office provider – City Spirit St Paul’s today announces that the company has experienced a steady growth in the period May to August 2009. This is in stark contrast to the current downturn faced by many of the region’s commercial property businesses over the same period.  

 

City Mall defies rise in Retail Vacancies
Birmingham City centre mall Paradise Forum is bucking Birmingham’s rise in vacant retail units with the announcement of two new lettings in the popular thoroughfare.  

 

IM Properties arrange £33 million facility to part refinance investment property portfolio
Warwick based, IM Properties, has arranged a £33 million facility to part refinance an investment property portfolio, with funding provided by Santander Corporate Banking and managed by the bank’s specialist real estate team in Birmingham.  

 

Colliers CRE settles into Eleven Brindleyplace
The team from Colliers CRE’s Birmingham office took a well deserved break from unpacking boxes yesterday to officially celebrate their move to new office building Eleven Brindleyplace.  

 

Coventry factory to make way for new homes and jobs
A familiar Coventry City landmark is set to disappear with the demolition of the former Courtaulds factory in Little Heath.  

 

Friar Gate Studios rack up another tenant
Another innovative new enterprise has joined the growing family of creative businesses housed within Derby’s Friar Gate studios.  

 

Sale leaves just two properties at Centre 500 in Staffordshire
St. Modwen, the UK’s leading regeneration specialist, has secured a 150 year ground lease at its Centre 500 industrial and distribution scheme in Newcastle-under-Lyme, Staffordshire.  

 

Enterprise Centre opens as jobs total hits 100
Shrewsbury’s £3.5m Rural Enterprise Centre celebrated its official opening this week with news that more than 100 people are employed at the Battlefields site  

 

High Court clarification on letting fees transparency welcomed says Midlands spokesperson for ARLA
Residential letting agent Jill Elkington, Midlands spokesperson for the Association of Residential Letting Agents (ARLA) has welcomed a High Court judgement which clarifies transparency on letting agents fees.  

 

New owners of 54 Hagley Road Birmingham sign up their first tenant
At a time when success stories are thin on the ground, 54 Hagley Road is rising out of the recession with new owners and a letting to construction and property consultants, Robinson Low Francis (RLF).  

 

Solihull prime commercial refurbishment offers blue chip suites
The first tenants have been signed up at a top grade office building in Solihull that has benefited from a £2.4 million makeover.  

 

Commercial property owners warned avoid recessional cost increases
As part of a push to assist owners and occupiers of commercial property through the recession national commercial property consultancy, Lambert Smith Hampton (LSH), has warned of the potential risks associated with leaving vacant buildings unattended.  

 

First letting for St. Modwen's Whitley Business Park in Coventry
The UK’s leading regeneration specialist, St. Modwen, has secured the first letting at its £13 million Whitley Business Park development in Coventry.  

 

De Montfort University instruct LSH to dispose of surplus accommodation
De Montfort University (DMU), one of the UK’s most dynamic Higher Education institutions, has instructed national commercial property consultancy, Lambert Smith Hampton (LSH) to bring to the market more than 70,000 sq ft of accommodation located close to its main campus on the fringe of Leicester city centre.  

 

REI completes £2.2m Latitude deal
Real Estate Investors plc (REI), Paul Bassi’s quoted investment property vehicle, has completed the acquisition of a new retail parade of 11 units in the heart of Birmingham for £2.2 million in cash.  

 

Great prospects for Two Colton Square in Leicester
Leicestershire's economy is set to receive a significant boost with the announcement that a landmark office scheme in Leicester city centre has attracted its third tenant, and most significant yet.  

 

St.Modwen secures £10.7million sale of investment in Stoke on Trent
St. Modwen, the UK’s leading regeneration specialist, has announced the £10.7m sale of the investment in Stoke on Trent’s largest new build commercial office building.  

 

Shropshire rural Business Centre bucks recession
A Shropshire-based country estate has seen 75% of its Business Centre office units filled, despite the economic downturn. Following its launch in October 2008, the Brynkinalt Business Centre, has attracted a diverse range of businesses seeking an alternative to town and city centre offices.  

 

Telford Technology Park launched to market
The launch of the newly rebranded Telford Technology Park is set to boost innovation in technology in Telford and help secure the future of the town’s economic growth in the sector.  

 

Landlords urged not to be green about sustainability
Whilst sustainability may have eased down the agenda for occupiers, Elle Cass, planning partner at King Sturge says developers still need to think green for future new-build and refurbished schemes if they don’t want to loose out.  

 

New directives could make agents come up smelling of roses
With waste heralded as one of the new saviours of the big sheds, Carl Durrant, King Sturge industrial agent is seeing more enquiries than ever before from waste recycling occupiers.  

 

Start-up company is first tenant of new centre for young and growing firms in Derbyshire
A newly-formed company is the first tenant of premises in Ilkeston town centre that have been created specifically to house new and growing businesses.  

 

Walsall bucks market trend with demand for commercial units
Walsall is continuing to prove a popular business location reports St. Modwen, the UK’s leading regeneration specialist, which has just three properties remaining at its Walsall Enterprise Park.  

 

Brindleyplace Limited Partnership's RBS Midlands HQ put under offer to Tritax
The Brindleyplace Limited Partnership (TBLP) is putting under offer its 294,000 sq ft of Grade A office space in three buildings at the award winning mixed-use Brindleyplace development, to a group of private investors led by Tritax Securities LLP.  

 

Garden Centre fills up at former petrol station in Nottinghamshire
Nottinghamshire-based Greenhills Garden Centre is set to expand with the acquisition of a former petrol filling station on Nottingham Road in Ravenshead.  

 

St. Modwen deals boost for East Midlands market
The UK’s leading regeneration specialist, St Modwen, has given the East Midlands’ commercial property market a boost with the announcement that it has completed deals on more than 55,000 sq ft of commercial space across the region since the beginning of May, including a £2.4 million long leasehold sale and three lettings.  

 

DJ team completes Great St Basils Walk for charity
Intrepid members of Drivers Jonas’ Birmingham office have successfully completed the annual Great St Basils Walk raising around £3,000 for the Midland based charity.  

 

New Look for Birmingham’s Media Centre
First House, one of Birmingham’s most well known professional office buildings – and former regional news studio for TV AM – has completed a major refurbishment.  

 

West Midlands Commercial sites with dream tenants for auction
Midland investors looking for sound long-term tenants are likely to show strong interest in the latest Bigwood auction.  

 

Energy company plugs into Orega serviced offices at Colmore Plaza
Fast growing serviced office provider Orega, has signed a deal to lease up to 20,000 sq ft at landmark building Colmore Plaza and has already lined up its first tenant MA Energy.  

 

Birmingham’s former 500,000 sq ft Trinity Mirror site acquired by Birmingham Development Company
Birmingham’s former 500,000 sq ft Trinity Mirror site acquired by Birmingham Development Company  

 

Planning permission granted for more technology businesses at Ansty Park
Advantage West Midland’s Ansty Park development has been granted planning permission for more high technology floorspace, taking the total size of the new business park to 140,000 sqm.  

 

Historic Nottinghamshire property goes under the hammer
An historic Victorian property built close to the Shipstones Brewery and used as its maltings is to be sold at auction next month.  

 

North Nottinghamshire's fortunes are changing for the better
Sean Bremner, Head of Industrial & Logistics at national commercial property consultancy, Lambert Smith Hampton’s (LSH) Nottingham office, explains how recent developments and the region’s core characteristics are changing North Nottinghamshire’s fortunes for the better.  

 

Popular Nottinghamshire business park has just two units remaining
Harworth Estates, the property arm of Britain’s largest coal mining company - UK COAL - is celebrating the continued success of its Bilsthorpe Business Park development in North Nottinghamshire, having recently secured two new occupiers.  

 

Teamwork takes over Friar Gate Studios in Derby
A group of local companies based in Derby’s Friar Gate Studios have joined forces to showcase their creativity and stamp their mark on the building.  

 

Chance to invest in an exclusive business address at The Forge, Belbroughton
Discerning companies seeking to invest in an exclusive business address at a proven business location must act now, as work gets underway on The Forge in Belbroughton, Worcestershire.  

 

Commercial property is turning the corner...slowly says Talbot Solicitors
Is commercial property starting to look like a more attractive proposition? Investment advisers certainly think so and they are slowly increasing their clients’ holdings in the sector. Is now the time for you to take similar steps  

 

Gallan Group celebrate completion in Cannock
Gallan Group has completed the first phase of its high profile £20 million Gallan Park mixed-use scheme on Watling Street, Cannock – a 70,000 sq ft industrial warehouse pre-let to German forward freight giant Rhenus Logistics.  

 

Shaylor provides home for enterprising new business
Shaylor Developments has signed up an enterprising new business with its innovative ‘rent and buy’ guarantee on one of the last two remaining units at Optical Park industrial estate, Aldridge.  

 

Bildurn Properties sign up Tesco twice in Nottingham
Bildurn Properties has signed a deal with supermarket giant Tesco, to open a new Express store close to Midland Station, which forms part of Southside in Nottingham.  

 

Demolition works underway at Wilson Bowden's Wilford Road site
DEMOLITION work to clear a 0.46-acre brownfield site at Wilford Road, on the Southern Fringe of Nottingham city centre, has begun, making way for a 100,000 sq ft landmark office development, to be known as Sentinel.  

 

Work starts on latest scheme in cultural quarter of Leicester
Bildurn Properties has started work on an exciting regeneration project, supported by Leicester City Council, within Leicester’s Cultural Quarter, designed as a home to the city’s growing creative businesses.  

 

LSH's Phil Quiggin selected for East Midlands property awards judging panel
Phil Quiggin, Head of Office Agency at national commercial property consultancy, Lambert Smith Hampton’s (LSH’s) Nottingham office, has been invited to sit on the judging panel for the 2009 East Midlands Property Awards.  

 

LSH sells 1.29 acre site on behalf of Leicestershire Council
ACTING on behalf of Leicestershire County Council, national commercial property consultancy, Lambert Smith Hampton (LSH), has sold 1.29 acres of industrial land in Wigston, Leicester.  

 

World leading £50 million green scheme opens in North Staffordshire
One of the world’s greenest logistics parks, the £50 million G. Park Blue Planet at North Staffordshire’s Chatterley Valley, has officially opened its doors for business.  

 

Tenants flock to newly-refurbished landmark Leicester office building
A £1 million refurbishment programme recently undertaken at a landmark office building in Leicester has proved extremely popular with a number of local and regional businesses, helping breathe life into the beleaguered commercial property market.  

 

Evening viewings make life easier
Lighthouse Property Services is making life easier for prospective tenants in Lincoln by offering evening property viewings throughout the week.  

 

Rare opportunity to become a tenant at Ransom Wood
From the 1st of August there will be a rare opportunity for companies looking for unique new premises to lease up to 12,500 sq ft of high quality open plan offices in The Willows at Ransom Wood in Mansfield.  

 

 

 


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