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property news

Openreach hits 10m full-fibre broadband milestone
BT
Rutland hook-up comes as it invests £15bn connecting 25m homes and businesses across the º£½ÇÊÓƵ
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Work starts on Wykeland's Burton building restoration with Hull firm appointed on £2.4m project
Commercial Property
Hobson & Porter appointed on speculative overhaul that has been backed with public money
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JV deal signed to bring new multiscreen cinema to old Debenhams store
West Midlands
Property group is working with council on revamping the old department store unit in Lichfield city centre
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Figures suggest Space Park Leicester had an £89m impact on economy in its first year
Engineering
It is part of a new Space City Leicester cluster - one of the biggest enterprise zones for space-related activities in the º£½ÇÊÓƵ
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Digbeth Loc. Studios launched with mission to create 760 jobs
West Midlands
New film and TV production studios will be housed in disused warehouses in Birmingham district
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Movers and Shakers at Everards, Space Park Leicester, 1284, Rutland Hall Hotel, PKF Smith Cooper Systems, Wattbike and more
Appointments
Everards Brewery announces succession plans while 1284 welcomes ex-Mercury reporter Amy Orton
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Plans in to regenerate Fiddler’s Ferry Power Station and support over 2,100 jobs with £90m project
North West
Plans for the further residential development are expected to be submitted at a later time
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Work starting on £16.5m addition to Space City Leicester
Commercial Property
Offices and high-quality manufacturing space will support 270 jobs and complement existing Dock and Dock 2 workspaces
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Pembrokeshire 700-home and retail scheme bought by Welsh Government and Pobl Group
Wales
The development site, which was owned by Conygar Investment Company, has been sold for more than £9.5m
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One of Cardiff's biggest employers reviewing its office requirements
Cardiff Capital Region
MotoNovo Finance currently occupies 71,000 sq ft at the city centre One Central Square office building
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Acquisitive £100m professional services group Xeinadin takes flagship office space
Commercial Property
Xeinadin was formed in 2019 through a merger of over 100 small and medium-sized accountancy practices in the º£½ÇÊÓƵ and Republic of Ireland
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Screwfix grows with new º£½ÇÊÓƵ and France stores - and confirms wholesale deal that saves 400 jobs
Retail
It comes as the Somerset DIY brand’s parent firm Kingfisher reported profits had dropped by a fifth, with a further dip expected
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Birmingham's office leasing market on the rise
West Midlands
New research says the market grew by 19 per cent in the final six months of 2022
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Developer helps British Synchronized Ice Skating team on way to World Championships – but cash still needed
Construction
ALB Group boss Arran Bailey gives £5,000 – but the skaters need much more to get to the USA this month
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Social housing provider Mears Group forced to delay financial results
Company Results
The Gloucester-based firm said the hold-up was due to ‘unanticipated’ absence of a senior auditor
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Developer resubmits plans for controversial £750m Leicestershire rail freight hub
Logistics
Plans have attracted criticism from MPs, councils and people living nearby concerned about the scale and impact
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Developer Clouston Group sees signs of post-Covid bounceback
Commercial Property
The company runs the Crowne Plaza Hotel the Boiler Shop event space, but has seen difficult trading in recent years
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Radical Motorsport moving HQ to Donington Park
Automotive
Track cars include the 654 bhp RXC Spyder and 500 bhp RXC GT3, as well as the road-legal Rapture
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Administrators issue updates on potential sales of four Signature Living hotels
North West
Each business operated separately from one another, but were all part of the wider Signature Living family of companies
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South Shields seafront hotel is sold as owners retire
property news
The hotel has now been sold in a deal overseen by property firm Christie & Co to a buyer who wants to remain anonymous
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Hundreds of millions of pounds of Derbyshire investment opportunities being promoted at MIPIM this week
Construction
Marketing Derby MD John Forkin: 'MIPIM is an opportunity to raise Derby’s profile on a world stage'
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Budget 2023: Notts and Derbyshire could get regional 'Canary Wharf'-style investment zone to supercharge growth
The Budget
David Mellen: 'Our region has often been an area of low Government funding, compared to many other areas of the º£½ÇÊÓƵ'
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The Banks Group homes in on residential property market with new company launch
property news
County Durham based Banks Homes is set to create a raft of new jobs
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Former HP Sauce factory reborn as new creative hub for Birmingham
West Midlands
The owner of The Bond in Digbeth has opened a new facility called 'Creative Content Hub' which it is hoped will attracts production companies and digital creatives
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