West Midlands
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Developers sidestep planning rules for shopping centres
Developers of out-of-town shopping centres are seeking to relax planning rules to push through large expansion schemes. The Guardian looks at some of the centres who are attempting to circumvent…
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Central Birmingham site returns to the market as development deal falls through
A key city centre development site in Birmingham has returned to the market following the failure of freeholder Scottish Widows and developers Sir Robert McAlpine and Business Homes to complete…
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Stock Exchange censure for City Site Estates
The London Stock Exchange has censured City Site Estates for not seeking the approval of shareholders for the £30m sale of Priory and Cannon House, two office buildings in Birmingham.
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Stock Exchange rebukes City Site Estates over sale of Birmingham offices
The London Stock Exchange Quotations committee has seriously rebuked City Site Estates (CSE) for breaking procedural rules when it sold one of its Birmingham properties to MEPC on July 2,…
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Arlington sells site at Coventry Business Park for almost £290,000 per acre
Canadian company Multimatic Inc has bought the freehold of a 2.83ha (7 acre) site at Arlington’s Coventry Business Park in the West Midlands.
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Sponsors guarantee Birmingham science centre
The Millennium Point science and technology centre in Birmingham has will go ahead following sponsor’s pledges of £6m. The scheme will cost £111.6m and combine a high tech tourist attraction…
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Henry Boot submits application for 86,000 sq ft office block in central Birmingham
Henry Boot Developments has submitted a detailed planning application for an 8,000 sq m (86,000 sq ft) office block at Paradise Circus in central Birmingham.
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Pillar frontrunner to buy Redditch town centre for £100m
Pillar Property has emerged as the frontrunner to buy most of Redditch town centre in the West Midlands for more than £100m.
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Bank of England branches up for grabs
The Bank of England has put four regional branches that it closed last year up for sale for about £10m. The properties are in Birmingham, Bristol, Manchester and Newcastle.
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Edge Properties bolsters its presence at Battery Retail Park, Birmingham
In a series of deals, Edge Properties has bolstered its presence at its Battery Retail Park in Birmingham, West Midlands. The company has just paid an unnamed fund £4.575m for…
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MWB acquires leisure park in Wolverhampton
MWB Leisure Fund has acquired a 3.6ha (9 acre) leisure park in Wolverhampton from Capital and Regional Properties for £17.3m cash.
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£17m purchase takes MWB Leisure Fund’s exposure to £85m
MWB Leisure Fund has increased its investment in the leisure parks sector to £85m with the purchase of a leisure park in Wolverhampton, West Midlands.