Only months after purchasing the ‘Viva’ office complex next to Mailbox in Birmingham, the expanding Maddox Group has re-packaged the building and sold it to Seal Marketing for £1.25 million.
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Real Estate specialist British Land expects to buck the weakening property market by reporting an increase in underlying earnings per share for the second quarter of this year.
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The Birmingham office of the global property consultants DTZ has largely withstood the pressures on the commercial property market which drove the group as a whole into a second-half loss and forcing it to cut the final dividend.
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Knight Frank has boosted its Birmingham office with the promotion of James Bowkett and Kevin Morris to partner and the appointment of Alistair Winning and Ben Hanlin to its commercial property team.
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With the summer holidays fast approaching, local construction company Morgan Ashurst is urging parents and teachers to help keep kids safe and away from building sites.
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Highlighting the strengthening central Birmingham office market, lettings are already nearly at 2007’s year-end total – which in turn has out-performed both 2005 and 2006 – according to King Sturge Birmingham‘s head of office agency, Jonathan Carmalt.
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The £6.5 million Cofton Centre at Longbridge has successfully been completed, launching a new industrial era for the world famous site in Birmingham.
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Property investment and management company Skelton Group has acquired four new industrial properties in the West Midlands with financial backing from The Royal Bank of Scotland.
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The value of the real estate capital market reached $12 trillion in 2007 – up 18 per cent on the previous year, according to DTZ’s flagship Money Into Property report.
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The value of the real estate capital market reached $12 trillion in 2007 – up 18 per cent on the previous year, according to DTZ’s flagship Money Into Property report.
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Construction, property and development consultancy DBK Group has been named as project manager, cost consultant, BREEAM assessor, utilities consultant and CDM co-ordinator on a proposed 22-storey development in the centre of Birmingham
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The long-awaited redevelopment of New Street Station in Birmingham will give a major boost to commercial property fortunes, say Ed Jones and John Dillon, of Lambert Smith Hampton.
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Property consultant Drivers Jonas has strengthened its planning team in Birmingham with a raft of internal promotions that has seen the appointment of one of the company’s youngest partners.
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Banks are not about to cut and run – despite the current difficulties in the commercial property market, a gathering of Midland experts has heard.
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