West Midlands
-
Time Warner and United News scraps £225m movie theme park in Rugby
Time Warner and United News & Media have scrapped plans to build a £225m movie theme park and production studio on 101ha (250 acre) near Rugby.
-
Richardson Cordwell chosen for 200,000 sq ft Nuneaton scheme
Richardson Cordwell has been selected as preferred developer on a 19,140 sq m (206,000 sq ft) mixed development in Nuneaton town centre.
-
Ashtenne buys four Midlands industrial estates for £5.5m
Ashtenne has bought four industrial estates for £5.5m in the Midlands in two separate deals. They have an initial yield of 11.5%.
-
Ashtene picks up four Midlands estates for £5.5m
Ashtene Holdings has bought four industrial estates in the Midlands for £5.5m. The estates in Derby, Nottingham and West Bromwich were bought from IM Properties for £4.7m while one in…
-
Rivals in Birmingham retail centres share swap talks
. Land Securities, its partner Henderson Investors and Hammerson are thought to be on the verge of agreeing a swap of shares in their rival Birmingham shopping centres.
-
Hermes and the Pru in multi-million-pound shopping centre swap deal
Lend Lease and Prudential have struck a £274m deal with Hermes to sell part of their £1.1bn Bluewater shopping centre in Kent in exchange for a stake in Milton Keynes…
-
LandSec and Hammerson pool marketing resources for Birmingham retail
Land Securities and Hammerson have taken the unusual step of promoting together their separate retail schemes in Birmingham despite competing for occupiers.
-
Troubled Ionica to release up to 100,000 sq ft of offices
Troubled telecommunications giant Ionica, which is in administration with debts of around £300m, is set to release over 9,290 sq m (100,000 sq ft) of prime space to the Birmingham…
-
Rugby residents fight 133.55ha theme park
Residents of Churchover, just north of Rugby, are fighting developers’ attempts for a huge theme park. The 133.55ha (330 acre) park would have a 25,000-seat rugby stadium, a multi-screen cinema,…
-
Easter presses on with Midlands leisure scheme despite call-in
Easter Group subsidiary Easter & Arun (E&A) is pressing ahead with an 18,580 sq m (200,000 sq ft) West Midlands leisure and multiplex scheme – despite the DETR’s decision to…
-
Birmingham regeneration working, says estate agents
Estate agents say intensive urban regeneration in Birmingham is paying off. The transformation is a result of five years of inner-city regeneration.
-
GEC to close Birmingham Xpelair factory
GEC’s Xpelair industrial fan-making plant in Birmingham is to close. The business will be merged with another GEC subsidiary, Redring, in Peterborough.