Tag: Birmingham



Multi-Million Pound Refurbishment set for Birmingham Office Building

Birmingham
Posted on 22 June, 2016 by Chris Grigorovsky under Commercial Developments, Industry News

An office building in Birmingham city centre is set to receive a £2.5m overhaul, in order to meet growing demand for smaller floorplates. Occupying the corner plot of Temple Row and Bull Street on the route of the Midland Metro extension, No. 4 Temple... Read More

Over 800 HSBC Jobs Cut as Birmingham Move Gets Ever Closer

HSBC Logo
Posted on 17 May, 2016 by Chris Grigorovsky under Business News, Economy

With HSBC set to make Birmingham the home of its UK retail services, it has since begun laying off 840 of its IT staff. The first phase of restructuring, which aims to cut 8,000 jobs in the UK by the end of 2017, will see Sheffield suffer the most,... Read More

St Modwen Sells Birmingham Office Trio for £7.3m

Birmingham
Posted on 9 May, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Industry News

A collection of three Birmingham offices has been sold by St Modwen to an unnamed UK fund manager for £7.3 million. Situated on the St Modwen owned 18-acre Quinton Business Park, the self-contained offices total more than 50,000 sq ft. Senior... Read More

How did the Manchester and Birmingham Office Markets Perform in Q1 2016?

Office work place
Posted on 5 May, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Industry News

Q1 2016 has seen a strong start for both Birmingham and Manchester office markets, with a healthy level of activity, according to data from Colliers International. Since 2015 saw Birmingham city experience record annual take-up of 970,458 sq ft, this... Read More

London Office Occupiers will Head out to Regions in Next Decade

London
Posted on 27 April, 2016 by Chris Grigorovsky under Business News, Industry News

With the ever increasing cost of commercial property in Central London, a trend of office occupiers within the capital moving out to other major cities will start happening over the next decade, according to new research by Lambert Smith... Read More

Birmingham Office Market Take up Surpasses Record

Birmingham
Posted on 5 April, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Industry News

Q1 2016 was a triumphant period in the Birmingham office market, as take up successfully smashed the previous best in the last decade. Major deals during this period which attributed to its success were 1 Chamberlain Square in the Paradise development,... Read More

Overseas Investment Contributed £335m to Birmingham Office Market

Posted on 10 March, 2016 by Chris Grigorovsky under Economy, Industry News

In 2015, it was found that half of the Birmingham city centre office deals were through overseas investors, spending £335m in total. Two of the biggest deals of the year were the £131m acquisition of RBS's Brindleyplace headquarters and the £36.7m... Read More

Midlands’ Retail Sector Sees Landmark Year

Midlands Retail Sector Sees Landmark Year
Posted on 3 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

According to sector analysts, West Midlands consumers are starting to return to in-store shopping as their purchasing habits evolve. Meeting in Birmingham, representatives from BDO, Lambert Smith Hampton and the Mailbox, discuss retail sector trends... Read More

Highest Level of Investment in A Decade for 2015 UK Office Market

Highest Level of Investment in Decade for 2015 UK Office Market
Posted on 2 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

UK office investment in 2015 reached its highest level since 2007, with a total of £26 billion, according to Lambert Smith Hampton's latest UK Office Market Pulse. The market which experienced the strongest activity was regional office markets in the... Read More

Phoenix House in Colmore Business District Set To Be Refurbished

Phoenix House in Colmore Business District Set To Be Refurbished
Posted on 23 February, 2016 by Steph Cowie under Commercial Developments, Commercial Sales and Lets

The £8.4m contract to deliver the refurbishment of Phoenix House, Newhall street in the Colmore Business District, has been awarded to Wates Construction. The building is set to be converted into grade A office space spanning 50,000 sq ft over nine... Read More