Built Environment Networking Blog: West Midlands News

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Harrison Street, Apache Capital and NFU Mutual Expand Joint Venture Portfolio with Moda Living in UK’s Largest Regional Build-to-Rent Deal

Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $55 billion in assets under management has expanded its build-to-rent (“BTR”) joint venture (“JV”) with UK investment manager Apache Capital (“Apache”) and NFU Mutual to fund Moda Living’s Great Charles Street, a 722-home BTR development in Birmingham, UK. […]

Posted by: Mya Driver

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HBD announces second major Birmingham city centre redevelopment

Sheffield-based developers HBD today unveiled plans for a £100m mixed-use development on the site of a car dealership in Birmingham. Formerly Henry Boot, the company has acquired the 2.6-acre Sytner BMW dealership in the city’s Jewellery Quarter with the intention of creating a residential-led PRS redevelopment that could accommodate around 450 units. HBD has also […]

Posted by: Mark Flanagan

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Henry Boot exchanges on land for planned 2400 homes in Coventry

Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), announces that it has exchanged on the sale of a 250-plot 31-acre site in Eastern Green, Coventry to mixed-tenure developer Countryside Partnerships. Eastern Green comprises a Sustainable Urban Extension on the west side of Coventry. The 31-acre site, contracted under a Planning Promotion Agreement […]

Posted by: Mya Driver

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HS2 reveals new landscape plans for Burton Green Tunnel and Kenilworth Greenway in Warwickshire

HS2 has revealed new designs for the green tunnel at Burton Green and Kenilworth Greenway in Warwickshire, with enhanced environmental features including extensive tree planting, new footpaths and better connections to local woods. Since receiving community feedback in November 2019, HS2’s contractor Balfour Beatty VINCI has been working with the local authorities to develop the […]

Posted by: Nathan Spencer

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HS2 to be powered by zero carbon energy from day one

HS2 trains will be powered by zero carbon energy from day one of operation, offering a cleaner alternative to long distance car journeys and domestic flights, while supporting the government’s 2050 target to tackle climate change. This commitment will play a key part in HS2 Ltd’s aim to make the project net zero carbon from […]

Posted by: Nathan Spencer

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HS2 welcomes planning approval for Washwood Heath Depot near Birmingham

Birmingham City Council granted Schedule 17 approval under the HS2 Phase One Act 2017, for HS2’s Washwood Heath Depot, north-east of Birmingham city centre. This is where HS2 trains will be maintained, serviced and stored when not in use, and includes the Maintenance Building, Network Integrated Control Centre (NICC) and Cleaners and Drivers Building. All […]

Posted by: Nathan Spencer

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Industrials REIT completes a further £17m of multi-let industrial acquisitions

Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has completed two MLI acquisitions. The total consideration for the acquisitions is £17.01 million and reflects a blended net initial yield (“NIY”) of 5.8% and an average capital value of £98 per sq ft. These purchases add another 173,000 sq ft of MLI space, and […]

Posted by: Nathan Spencer

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JR Capital and Chancerygate’s £100m multi-let industrial property fund makes final 5 acquisitions

JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m. The deals mark the conclusion of the fund’s acquisitions boosting its portfolio of industrial space to 24 assets comprising 150 units totalling 1,050,000 sq ft on sites ranging from Dundee to Exeter. The […]

Posted by: Nathan Spencer

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