Birmingham news and blogs Thursday 24 March 2016
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Business
J S Wright to deliver enabling works for Paradise Birmingham 

23 Mar 16

Birmingham-based building services provider J S Wright has put its hands to the pumps to support one of the UK’s biggest city centre developments.


Business
Latest flurry of sales sees 50-54 St Paul’s Square offices almost fully acquired 

22 Mar 16

Birmingham-based office specialists, KWB, have secured another substantial batch of occupiers at 50-54 St Paul’s Square, including several investment purchases.


Business
Schroder Real Estate acquires Birmingham showroom to bring its investment in motor retail above £110m 

21 Mar 16

Schroder Real Estate has acquired Bristol Street Motors Ford, 156 – 182 Bristol Street, Birmingham, for £4.8 million, reflecting an attractive net initial yield of 6.4%.


Business
Third building unveiled at Birmingham’s landmark Arena Central development 

17 Mar 16

Plans for the third commercial building at Birmingham’s Arena Central development have been unveiled at the MIPIM international property event in Cannes.


Business
York House providing competitive alternative to city centre rents 

17 Mar 16

Creative agency Giants & Titans has taken new offices in Birmingham city centre in a deal put together by property agents Bond Wolfe.


Business
Expanding agency has designs on a rural setting 

17 Mar 16

An expanding marketing and communications company has moved to a converted barn complex on the outskirts of Redditch.


Business
M&G Real Estate to fund Three Snowhill in largest ever city centre office scheme outside London 

17 Mar 16

M&G Real Estate, one of the UK’s largest property investors, is to fund the construction of Ballymore’s Three Snowhill, a 420,000 sq ft office development in Birmingham city centre.


Business
PwC in Midlands announces move to £500million Paradise scheme 

16 Mar 16

Professional services firm PwC has confirmed it is to be the first business to sign up to Birmingham City Centre’s £500 million, transformational Paradise development – part of the UK’s biggest Enterprise Zone.


Business
Harris Lamb sells Aston industrial site for £3m 

16 Mar 16

Harris Lamb has secured the sale of an established Aston industrial site to two manufacturing firms for £3 million.


Business
Midlands comes together on an unprecedented scale to win £14 billion of investment 

15 Mar 16

The Midlands has set out its stall to win £14 billion from global investors as part of its plan to turn itself into one of the world’s leading regional economies.


Business
Birmingham: a day in the life 

15 Mar 16

The developers of Birmingham’s 103 Colmore Row have released a time-lapse film capturing a day in the city in just one minute.


Business
Another tenant signs up at The Grand, Birmingham 

15 Mar 16

A Nottingham-based coffee company is set to brew up a storm in Birmingham when it opens its first shop in the city at The Grand on Colmore Row.


Business
Rapidly growing app developer choses new Jewellery Quarter home 

15 Mar 16

A rapidly growing software developer has moved its headquarters to new offices in the heart of Birmingham’s Jewellery Quarter it has been announced by national commercial property consultancy Lambert Smith Hampton (LSH).


Business
Burley Browne piles on the pounds as its leisure retail division thrives 

15 Mar 16

Burley Browne is flexing its leisure retail muscles in 2016 having already advised on 17 new sites totaling £10 million of new outlets for its growing list of leisure retail operators.


Business
Birmingham to benefit in war for talent 

15 Mar 16

Birmingham is set to benefit as the war for talent intensifies, with businesses looking to the regions says the latest Big 6 report from global real estate advisor, JLL.


Business
Deliveries under pressure as logistics warehouse construction fails to keep pace with e-commerce demands 

14 Mar 16

Retailer and distributor requirements for logistics warehouses will exceed available stock by 2020, the latest edition of Lambert Smith Hampton’s (LSH) annual Industrial & Logistics Market Report reveals.


Business
REI reports record profits of £12.2 million and reloads with additional £70 million firepower 

14 Mar 16

Real Estate Investors plc (REI), the Birmingham-based property investment company, has reported record profits – up 104 per cent to £12.2 million.


Business
Kings Heath High Street experiencing retail upturn 

13 Mar 16

Property agents Bond Wolfe have helped fill up a parade of shops on the busy Kings Heath High Street.


Business
DAC Beachcroft relocates to Tricorn House, Edgbaston 

10 Mar 16

Law firm DAC Beachcroft is relocating its Birmingham office to Tricorn House in Edgbaston.


Business
HNWIs acquired 16% of Birmingham office stock last year – Knight Frank 

10 Mar 16

Ultra high net worth individuals* (UHNWIs) now account for 25 per cent of investment in global commercial property, according to Knight Franks’ newly published ‘Wealth Report 2016’.


Business
Bilfinger GVA builds on financial and development strengths 

10 Mar 16

Former Birmingham City Council finance manager, James Dair has joined the Midlands office of leading property advisor, Bilfinger GVA.


Business
EU Referendum will extend the summer break in commercial property investment 

8 Mar 16

Inactivity in the commercial property investment market due to the EU referendum will run into the traditional summer break subduing the market for the next six months, according to a real estate asset management specialist.


Business
Plans submitted for redevelopment of prime office building in Birmingham city centre 

3 Mar 16

LaSalle Investment Management has submitted a planning application to Birmingham City Council for a major, £13million office renovation and extension to 102 New Street.


Business
Shopping habits evolving as bricks and mortar fights back 

2 Mar 16

Consumers in the West Midlands are returning to shopping in-store as their purchasing habits evolve, say a panel of experts.


Business
David Smeeton joins Cushman & Wakefield to head up Birmingham Investment Team 

29 Feb 16

Cushman & Wakefield has appointed David Smeeton as Senior Director and Head of Investment for its Birmingham office.


Business
£4 million deal for two major Coventry & Warwickshire sites 

25 Feb 16

A leading Midlands commercial property company has invested more than £4 million to acquire two major sites in the region.


Business
Client demand drives Mazars’ tax team growth 

25 Feb 16

A 50 per cent increase in tax work undertaken in 2015 has led to further recruitment at international accountancy firm Mazars in Birmingham.


Business
Aston Martin to create 4,000 British jobs with new manufacturing centre in Wales 

24 Feb 16

Luxury vehicle maker Aston Martin has committed to the opening of a manufacturing centre in Wales, while it will also scale the existing HQ in Warwickshire all of which is set to create up to 4,000 jobs.


Business
CWA Associate Director appointment for Tom 

23 Feb 16

Fast growing city centre civil and structural engineering consultancy CWA Ltd has appointed Tom Hender as an associate director.


Business
Bond Wolfe on the right wavelength 

16 Feb 16

International consultants Wavelength Marketing have taken new offices in Birmingham’s Jewellery Quarter in a deal put together by property agents Bond Wolfe.


Business
J S Wright shortlisted for seven awards at industry Oscars 

14 Feb 16

Aston-based mechanical engineering services specialist J S Wright has been nominated in an unprecedented seven categories for the 2016 H&V News Awards.


Business
Former FSA chairman Adair Turner warns UK faces chance of indefinite low rates 

11 Feb 16

According to Adair Turner, who used to be the chairman of the Financial Services Authority (FSA), the UK faces almost indefinite low interest rates if radical action isn’t taken.


Business
Timelapse movie captures progress of Birmingham’s £500m Paradise regeneration scheme 

9 Feb 16

This latest timelapse movie captures the extensive progress that has been made in the clearance programme to make way for the first buildings in the Paradise scheme.


Business
Record-breaking Birmingham office activity as regional take-up firing on all cylinders 

8 Feb 16

The last quarter of 2015 demonstrated a strong end to the year for Birmingham’s city centre and out-of-town markets, according to the latest Big Nine report from Bilfinger GVA.


Business
CPBigwood risk management team continues to grow 

7 Feb 16

Property agents CPBigwood have announced a significant expansion of their risk management team.


Business
Big sheds not the solution to Redditch’s industrial property shortage 

3 Feb 16

Redditch is suffering a massive shortage of small and medium sized industrial stock which could cause the town to lose business if the problem is not addressed immediately.


Business
Leading insurer Atradius relocates in Birmingham 

2 Feb 16

Following an extensive property search in the city centre and in the Edgbaston district of Birmingham, Cooke & Arkwright has secured newly refurbished offices for leading global trade credit insurer, Atradius Credit Insurance.


Business
Stock market seminar provides food for thought 

2 Feb 16

Midlands companies must establish a robust communication strategy if they are to transition successfully to listed status – a well attended seminar held in Birmingham has heard.


Business
CWA appointed to multi-million town centre redevelopment project 

1 Feb 16

Birmingham civil and structural engineering consultancy CWA Ltd has been appointed to deliver the civil and structural engineering work for the major multi-million redevelopment of Mere Green town centre.


Business
Hortons’ Estate launch refurbished offices at The Grand 

1 Feb 16

Hortons’ Estate has unveiled 10,000 sq ft of refurbished Grade A office space at The Grand, 23 Colmore Row, Birmingham.


Business
Groundbreaking takes place on new Wholesale Markets 

26 Jan 16

Work is now commencing on the delivery of Birmingham’s brand new purpose-built Wholesale Markets at The Hub in Witton.


Business
Trebor hands over additional space within Assay Office development for exciting jewellery collaboration 

26 Jan 16

Trebor Developments is delighted to announce completion of its fast-track project for long-standing client Assay Office Birmingham, to create an Educational Hub in the recently completed new Assay Office HQ in the heart of Birmingham’s Jewellery…


Business
LSH appoints new associate director 

26 Jan 16

A major upturn in the development sector has led national property consultancy Lambert Smith Hampton (LSH) to appoint a new associate director in the West Midlands.


Business
Top civil engineer joins city centre consultancy 

26 Jan 16

A leading Midland civil engineer has joined fast growing civil and structural engineering consultancy CWA Ltd.


Business
Tesco "intentionally" breached code to protect suppliers for own sake 

26 Jan 16

Tesco has, according to the Groceries Code Adjudicator, breached its code by prioritising its own finances over the fair treatment of its suppliers.


Business
LSH invests in talent as buoyant Brum booms 

25 Jan 16

Leading commercial property consultancy Lambert Smith Hampton (LSH) has vowed to keep on investing in talent during 2016 as it predicts Birmingham’s buoyant property sector will continue to boom.


Business
Pick Everard expands into West Midlands 

25 Jan 16

Pick Everard, the national multi-professional construction industry firm, is expanding its reach across the UK with a new office in Birmingham in 2016.


Business
20,000 jobs boost for region as the biggest companies achieve sustainable growth 

24 Jan 16

The region’s 200 biggest companies have grown albeit it at a slightly slower rate, however employment has been given a boost with almost 20,000 new jobs being created in the region in the last year, according to the West Midlands Report 2016…


Business
China-Britain Business Council appoints new adviser in West Midlands 

24 Jan 16

The organisation that helps businesses to export to China has appointed a new adviser in the West Midlands.


Business
Growing portfolio prompts expansion at award-winning architects 

24 Jan 16

National architectural practice, Corstorphine + Wright has doubled its Midlands team to meet growing demand for its services.


Business
Global VC funding in free fall – but not in UK, where firms raised £1.3bn in Q4 2015 

22 Jan 16

Venture capital funding fell significantly by 30 per cent worldwide in Q4 2015, according to KPMG Enterprise and CB Insights, but British businesses defied the odds to raise $1.3bn across 113 deals during the period.


Business
Mazars expands in Birmingham city office 

21 Jan 16

Top ten accountancy firm Mazars has taken more space at its 45 Church Street offices in Birmingham to cope with the firm’s growth in the Midlands.


Business
More young Brits choosing apprenticeships to bolster career choices 

21 Jan 16

With the government committed to support 3m apprenticeships over the next five years, the fact that more school leavers are opting to start one serves as good news.


Business
Hortons’ sells Innovation Square in £20.5m deal 

20 Jan 16

Hortons’ Estate has sold Innovation Square, Birmingham, for £20.5million.


Business
Nestlé fails to register trademark shape of Kit Kat bar in Britain 

20 Jan 16

The Court of Justice of the European Union (CJEU) has delivered its judgement in the latest instalment of what has become known as the chocolate wars between Nestl and Cadbury over intellectual property rights.


Business
Nestlé fails to register trademark shape of KitKat bar in Britain 

20 Jan 16

The Court of Justice of the European Union (CJEU) has delivered its judgement in the latest instalment of what has become known as the chocolate wars between Nestl and Cadbury over intellectual property rights.


Business
Birmingham’s renewed confidence & swagger set to propel it even further forward in 2016 

19 Jan 16

Following a stellar year for the city, Birmingham will move into a higher growth trajectory in 2016 says JLL at its annual property predictions event in Birmingham.


Business
Government’s target of 3m apprenticeships by 2020 gains momentum with Delivery Board 

18 Jan 16

Members of the Apprenticeship Delivery Board (ADB), tasked with advising the government on how it can hit its target of 3m by 2020, have finally been unveiled.


Business
AshbyCapital relaunches Colmore Plaza as The Colmore Building and initiates £3.5m enhancement programme 

18 Jan 16

AshbyCapital, the real estate investment advisor, has relaunched the Colmore Plaza building in Birmingham’s city centre, unveiling a £3.5 million enhancement programme and a new name, The Colmore Building, to reinforce its position as one …


Business
G F Tomlinson kicks starts construction at major development site 

17 Jan 16

Midlands-based construction firm, G F Tomlinson is helping to bring more jobs to the region thanks to a scheme at Burton Gateway Industrial Park.