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Late-cycle concerns and Brexit uncertainties have multiplied the risks in the Midlands logistics property sector. Meanwhile continuing chaos on the high street — this week Homebase announced a CVA — mean disruption further up the supply chain in the warehouse world. So is now the time for developers to take their foot off the gas? Certainly not, according to IM Properties, as they announce a 532K SF Midlands speculative scheme. 
Calling the top of the market is one of the trickiest tasks in property, and one almost everybody gets wrong. In the high-speed logistics sector the task is even harder because forces seem to be pulling in opposite directions. There…
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When Is A Delay Not A Delay? The Puzzling Maths Of HS2's Midlands-To-Manchester Extension
Northern rail passengers are used to delays — the introduction of new timetables led to months of disruption, which has yet to be resolved. But an announcement about the future of the £21B HS2 northern spur from Birmingham to Manchester…
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Is Your Real Estate Job Safe From Robotics And Automation?Technology has been making its way through industries like a bull in a china shop, but commercial real estate has remained largely untouched — until now. Get ready for all of that to change, according to a new report by commercial real estate brokerage and services firm Cushman & Wakefield. The real estate industry will face disruptions with the onset of electric and driverless vehicles, ride-sharing, blockchain and cryptocurrencies, drones, 3D printing and autonomous mobile robotics. Major technology changes in CRE have been mostly seen in the PropTech space, but otherwise, the industry has remained relatively undisturbed by tech. This may not be the case in the next decade, Cushman & Wakefield reports. |
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Malaysian Investors Land In Selly Oak
Malaysian fund Kumpulan Wang Persaraan has bought a student housing block at 800 Bristol Road, Selly Oak, for £14.6M as Far Eastern investors step up their interest in Birmingham. KWAP and its partner 90 North Real Estate Partners have acquired…
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