West Midlands
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Agency submits application for 200,000 sq m hi-tech factory in West Midlands green belt
The West Midlands Development Agency has submitted an outline planning application to Birmingham City Council for a micro electronics factory of up to 200,000sq m (2.15m sq ft) on a…
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West Midlands planners target 13 sites for inward investment
Faced with a lack of large, quality development sites in the region, West Midlands planners are evaluating a list of 13 potential candidates from which two will be selected as…
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31ha business park planned for Droitwich Spa
AXA Equity & Law has submitted an outline planning application for a 31 ha (77 acre) business park on the edge of Droitwich Spa, Hereford & Worcester.
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West Midlands: Rover agrees in principle to buy site
BMW subsidiary Rover has, according to reports, agreed in principle to buy a large 34.4ha site in the Midlands as the location for a new car engine plant.
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Philips discounts rumours of giant West Midlands plant
Philips Electronics is discounting rumours that it is considering setting up a £1bn semi-conductor factory on a site owned by P&O Properties in the Green Belt at Warmley, near Sutton…
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Parliament to decide future of new freight railway from Midlands to Channel Tunnel
Central Railway’s application to construct a new railway from the Midlands to the Channel Tunnel is to be referred to Parliament, John Watts, Minister for Railways and Roads, has announced.
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London named fastest-growing British city for the future
A report published today by Ereco international consortium of economic research institutes says London will be the fastest growing British conurbation for the rest of the decade, consolidating its position…
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West Midlands: Fort Park site sold for £90m
Black Country tycoons Don and Roy Richardson have sold their 23,875 sq m (275,000 sq ft) retail development at Birmingham’s Fort Dunlop site for £90m in the largest property deal…
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Development Securities buys prime Midland development site
Development Securities has bought out Bryant Properties’ 50% interest in BDS Properties, the joint venture company through which the two parties owned Birmingham International Business Park (BIBP).
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Dusco given planning consent £7m refurbishment in Sutton Coldfield
Dusco Asset Management has been granted planning consent for a £7m extension to the Gracechurch Centre, Sutton Coldfield. Joint owners Scottish Amicable and Dusco, are proposing a 1,347.05 sq m…
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Burford third rights issue in as many years to fund development spree
Property group Burford yesterday launched its third rights issue in three years, calling on shareholders for £142m to fund the £71m acquisition of a property portfolio and to develop its…
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West Midlands: Chelsfield to buy final 10% of Merry Hill with rights issue
Property developer Chelsfield is raising £102m, with a 3-for-10 rights issue at 220p a share. Monies raised will be used to buy the 10% of the Merry Hill Shopping Centre…