Tag: Birmingham

Bruntwood acquires key Birmingham Asset in ‘Standout Year’

Posted on 27 January, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Property investor and developer Bruntwood, has purchased the former head office of KPMG, for an amount rumoured to be around £10 million. The acquisition of Two Cornwall Street was mentioned in Bruntwood's 2014 annual results, which boasts an impressive... Read More

Overseas Investors and Insurance Giant in Birmingham Hotel and Office Deals

Posted on 23 January, 2015 by Chris Grigorovsky under Commercial Sales and Lets

In a multi-million pound deal, property investors in Dubai have acquired Birmingham's Radisson Blu Hotel out of administration. The 39-storey property's assets and business was bought by Royal Gulf Ltd, a firm that is part of Dubai based real estate... Read More

NEC Group Sold to Private Equity Firm

Posted on 19 January, 2015 by Chris Grigorovsky under Business News, Commercial Sales and Lets

LDC, which is part of Lloyds banking group, has acquired Birmingham’s NEC Group in a £307m deal, making it privately owned for the first time. The NEC Group includes the National Exhibition Centre, the International Convention Centre and the... Read More

Birmingham named in List of Top 20 Business Travel Destinations

Posted on 17 January, 2015 by Cliff Goodwin under Business News

Just weeks after it was named as one of the top ten world cities to visit in 2015, Birmingham has displaced Berlin to be included in a list of Europe's leading business travel destinations. Last month Rough Guides claimed the Midlands' city was among... Read More

Birmingham trumps London in PwC Property Investment Report

Posted on 16 January, 2015 by Kirsten Kennedy under Commercial Sales and Lets, Industry News

With commercial property investors increasingly turning to the regional markets, Birmingham is attracting considerable interest. According to a new report by PwC, this will see the city overtake London as the most attractive location for property investment... Read More

Birmingham Office Lettings hit Six Year High

Posted on 7 January, 2015 by Kirsten Kennedy under Industry News

As Birmingham continues to flourish as a prime destination for both new and established businesses, office market transactions have climbed to a level not seen since the onset of the economic crisis in 2008, with property experts in the West Midlands... Read More

Birmingham named most Entrepreneurial City outside of London

Posted on 6 January, 2015 by Kirsten Kennedy under Business News

Although 2015 is set to be a good year for most major cities in the UK according to economists, it is Birmingham that is truly expected to shine thanks to the high number of retail, leisure and hospitality developments in the pipeline. However, it is not only... Read More

Sale of Birmingham’s Historic Louisa Ryland House Confirmed

Posted on 19 December, 2014 by Chris Grigorovsky under Commercial Sales and Lets

Louisa Ryland House, which was placed on the market by Birmingham City Council in July, has been sold in a £7M deal to property development and investment firm Graftongate. Graftongate has not announced its plans for the building but an office scheme,... Read More

Birmingham included in Rough Guides Top Ten Global Destinations List

Posted on 17 December, 2014 by Kirsten Kennedy under Business News

Birmingham is swiftly becoming one of the top European destinations for visitors from the Far East and America. This has been reinforced by its inclusion on travel guidebook series Rough Guides’ top ten most exciting global destinations to visit in 2015 and... Read More

Starting Date announced for Paradise Circus Redevelopment

Posted on 16 December, 2014 by Kirsten Kennedy under Commercial Developments

Birmingham has become something of a hub of developmental activity in the past year, with large scale works taking place at Birmingham New Street station, the adjoining Grand Central retail scheme and also at the Mailbox. However, while these are all due to... Read More