West Midlands
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Mansfield buys seven pubs for £10.5m
Mansfield has bought seven large managed town-centre pubs from Morland for £10.5m. The acquisitions in the Midlands and the south-east expands the company’s geographic spread.
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Express to shut Glanbia dairy plants
Express Dairies plans to close most of the five UK dairy plants it has just bought from Glanbia. The closures are a result of overcapacity the liquid milk market and…
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Birmingham office take-up remains strong
Rates of office take-up in Birmingham so far this year remain strong following last year’s record-breaking performance when take up soared to its highest level for a decade.
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New Birmingham base for English Heritage
English Heritage is to open a new regional office in Birmingham at 112 Colmore Row. The headquarters premises, comprising 549 sq m (5,900 sq ft), was the former home of…
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Longbridge effect exaggerated claim agents
Uncertainty over Rover’s Longbridge’s plant has not hit the West Midlands industrial market, as feared earlier in the year. Knight Frank’s senior industrial surveyor Chris Cocks cites Johnson Controls’ recent…
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Chemical group bonds with different agent
GVA Grimley has replaced Drivers Jonas as adviser to chemical group Albright & Wilson in its search for a new UK headquarters in the West Midlands.
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Land Securities steps up development to £1.05bn
Land Securities is stepping up its development programme from £650m to £1.05bn in what The Times calls “one of the biggest development pushes in history”.
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Official statement on Rover Longbridge within the fortnight
BMW is expected to give a formal green light for the £1.7bn investment to save the Longbridge Rover plant, Birmingham, in the next fortnight.
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Slough to offer flexible terms at Kings Norton
Slough Estates is speculatively developing a scheme at its Kings Norton business park in Birmingham, which will offer units on short and flexible lease terms.
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W&DB to offload another 300 pubs
Wolverhampton & Dudley Breweries plans to sell another 300 pubs by the end of the year for about £50m. Most of them are tenanted, It will take the company down…
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Selfridges holds fire on third store decision
Selfridges will wait until next January before it decides whether to open a third store. It would like to open in Nottingham or Birmingham.
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West Midlands could be first to test car park tax
The West Midlands could become the first region to test the government’s traffic-busting company car park tax. The plans could see up to £100m reinvested in public transport annually.