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The £56B HS2 rail project is really happening: the £2.75B contract to build trains is about to be awarded, the first £250M supply chain contracts are in place, and compulsory purchase orders are taking effect. Work on the Curzon Street and Birmingham International HS2 stations is underway, or soon will be. According to some observers excitement about HS2 is beginning to seriously impact the city's commercial property market. Hope values are spiralling and real prices beginning to play catch-up. 
“We're already seeing significant interest in sites close to the Curzon Street station and we're anticipating significant growth in prices,” Cushman & Wakefield Senior Director and Head of Investment David Smeeton said. “Expectations are very high — time will tell…
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Richardson Dynasty Splashes Into Midlands Sheds
The Richardson property dynasty has teamed with Warwickshire-based St. Francis Group to create a 600K SF Midlands speculative logistics partnership. The Richardsons have acquired sites in Redditch and Kettering as part of the deal with St. Francis. The 23-acre Velocity 42…
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Standby For The Brum PRS Surge
Birmingham's first purpose-built private rental sector scheme has topped out as the city's PRS sector gathers strength. The £50M Forum at Pershore Street, next to the former wholesale markets site in the Smithfield district, is being developed by Rockspring Property…
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One Million Reasons To Be Cheerful: Birmingham's Record Office Take-Up
Central Birmingham office take-up topped 1M SF in 2017 for the first time ever — a 45% increase on 2016. The five-year average for 2013-2017 is now 809K SF, according to the Birmingham Office Agents Forum. Performance in 2017 exceeded…
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