Birmingham City Council has revealed plans to make the city a destination of choice for shoppers and visitors alike. With the Bullring and Mailbox shopping centres already proven successes, the capital of the West Midlands is looking to deliver an ... Read more
Two Snowhill in Birmingham has been sold to M&G Real Estate for an estimated £140m. The premises, which offers 319,000 sq ft of office and retail space, including in demand Grade A office space, already lets space to Wragge & Co and i2, ... Read more
The arrival of HS2’s headquarters in Birmingham is set to spark office development in the city. Experts are predicting that HS2 will initially cause a shortage of top grade office space, followed by a host new developments geared at meeting the ... Read more
Three major office deals in Birmingham totalling more than £107m accounted for more than 10% of total regional office transactions outside London last year, says Lambert Smith Hampton’s Adam Ramshaw. The total value of office transactions outside ... Read more
There are already around 100,000 sq ft of deals in the pipeline for this quarter within the prime core Birmingham offices market, says Savills, and this could take year-end take-up to 50% above the total seen last year. But year-end total take-up for ... Read more
While take-up of office space in Birmingham was subdued in the first half of 2012, demand for offices in the prime core was more resilient, says Savills. Take-up for the whole of Birmingham was down 56% year-on-year at 112,346 sq ft during H1 2012 ... Read more
In the final part of our look at CBRE’s research into regional office markets during H1, we turn to Birmingham, where take-up recovered slightly in the second quarter after “one of the most challenging quarters for take-up on record” in Q1. ... Read more
The latest research into the market for available office space to let in Birmingham shows that rents have fallen nearly 20% for prime offices in the city centre during the past four years, says the Birmingham Post. The paper reports data from Lambert ... Read more
While demand for office space remains sluggish in most UK regional markets, the Birmingham Central Business District has recorded its highest quarterly take-up for nine months. Grade A vacancy levels for office space in Birmingham are now the lowest ... Read more
Colliers CRE expects headline rents over the next three years for office space in central Birmingham to rise significantly, reaching £31.00 per sq ft by 2013. In its latest update on the market for office property in the centre of Birmingham, the ... Read more
