Birmingham Post - Business News - Commercial Property

Lenders still trying to offload property assets

Mon, 08 Mar 2010 06:50:00 GMT

Lenders are still off-loading property assets in a bid to draw a line under their losses according to a new report.

Taylor Wimpey posts £700m loss but reports better conditions

Wed, 03 Mar 2010 08:20:14 GMT

Taylor Wimpey has posted another sizeable annual loss but said it was encouraged by recent trading after an improvement in UK sales.

Carillion posts sales rise to £5.4bn

Wed, 03 Mar 2010 08:15:13 GMT

Building firm Carillion has revealed annual sales of £5.4 billion – four per cent up despite challenging market conditions.

Coventry council boss to chair major investment seminar at MIPIM

Wed, 03 Mar 2010 07:23:00 GMT

Martin Reeves, the chief executive of Coventry City Council, has been chosen to chair a major seminar on international inward investment.

Drivers Jonas ordered to pay £90,000 after losing MIPIM legal battle

Tue, 02 Mar 2010 07:50:16 GMT

Property consultancy Drivers Jonas has been ordered to pay the organisers of MIPIM 100,000 euros after being found guilty of “parasitical” behaviour.

Real Estate Investors jumps into profit

Mon, 01 Mar 2010 08:30:14 GMT

Real Estate Investors, the quoted vehicle of Midlands property specialist Paul Bassi, has jumped into profit after reporting a 13 per cent rise in the value of its assets.

Record number of developments for Coventry

Fri, 26 Feb 2010 14:34:00 GMT

Tom Fleming looks at encouraging signs for the property sector in one Midland city.

Work starts on new BMX cycling track

Fri, 26 Feb 2010 14:31:00 GMT

Work has started on a new facility that could help future Olympians blossom in one of the games’ newest sports.

New £2m Ministry musical site is nearing completion

Fri, 26 Feb 2010 14:30:00 GMT

Alcester-based building services specialist EIC is nearing completion on a £2 million contract with the Ministry of Defence for the RAF’s musical division.

New Jaguar XJ to take centre stage for Coventry at MIPIM

Fri, 26 Feb 2010 07:23:00 GMT

Jaguar’s new XJ will perform an important role for Coventry next month just weeks before it goes on sale.

Birmingham's Central Hall still on track for flats and offices, insists developer

Thu, 25 Feb 2010 14:23:00 GMT

The developer hoping to transform Birmingham’s landmark Central Hall into flats and offices has vowed the project remains on track despite its sales and marketing arm being served with a winding up order.

Sponsors put more cash towards Birmingham City Council's trip to MIPIM

Thu, 25 Feb 2010 07:34:00 GMT

Developers are putting the recession behind them by stumping up a far higher proportion of the cash needed to enable Birmingham City Council to continue its £250,000 presence at the MIPIM property conference in the south of France.

Legal Ombudsman signs Baskerville House deal

Thu, 25 Feb 2010 04:30:00 GMT

The Legal Ombudsman has signed a deal to take 40,000 sq ft of Grade A space at Targetfollow’s Baskerville House in Centenary Square.

AJ Mucklow back in profit despite "sluggish" property sector

Wed, 24 Feb 2010 12:20:00 GMT

Halesowen-based AJ Mucklow came back into profit last year but said the property market remained “sluggish”.

Strengthening housing market boosts Galliford Try

Wed, 24 Feb 2010 08:25:13 GMT

Construction group Galliford Try has seen profits rise as its new housebuilding strategy begins to bear fruit.

Morgan Sindall announces robust results as Birmingham projects continue

Tue, 23 Feb 2010 14:25:00 GMT

Regeneration group Morgan Sindall – which has a presence in Birmingham and is involved in many of the majo schemes in the area through a number of its subsidiaries – has announced what it described as "robust" results for 2009.

Invista Foundation gets BT as tenants after buying £15m West Bromwich office

Tue, 23 Feb 2010 08:00:00 GMT

The Invista Foundation Property Trust has expanded its portfolio with the acquisition of a £15 million pre-let office development in West Bromwich.

Barclays taps up new city centre branch site

Fri, 19 Feb 2010 08:00:00 GMT

Banking giant Barclays has signed a 15-year lease on new premises which will become home to a new retail branch in central Birmingham.

New home-building at its lowest since 1946

Thu, 18 Feb 2010 15:40:13 GMT

The number of new homes built in England fell to its lowest level since 1946 during 2009, new figures show.

Building a brighter future for the construction industry

Thu, 18 Feb 2010 14:49:00 GMT

In the latest of our forums in conjunction with the West Midlands Centre for Construction Excellence, we ask industry experts what can be done to attract new blood to the sector.