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Commercial Property

Construction company Brims with confidence after tackling post pandemic challenges
Construction
The Sunderland company boosted profits by 65% despite the labour and materials shortages which are affecting the industry
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Barratt Homes giving staff second £1,000 cost-of-living payment
property news
The Leicestershire housebuilder said some 95 per cent of staff would benefit
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John Pye & Sons to auction off stock from failed Made.com furniture business
Insolvency and Administration
'It is John Pye Auction’s role to realise the best we can for all creditors of the company'
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HMRC office used £550,000 of electricity in six months after being lit up like Christmas tree at night
HMRC
1,000 people moved in in April – but average number of HMRC staff on-site overnight said to be just four
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E&SW Knowles expands Birmingham manufacturing base
West Midlands
Move by door specialist comes ahead of company's centenary celebrations next year
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Poundstretcher exits CVA after paying off creditors at a rate of 12p in the pound
Retail & High Street
Discount chain said the biggest single creditor was HMRC followed by around 250 of its shop landlords
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Group buys four-star Rome hotel in European first ahead of Manchester and Liverpool openings
North West
The company is due to open two new hotels in Manchester and Liverpool next year
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New chair for leading Hull property developer Wykeland Group
People
Former Evans Property Group executive Paul Millington appointed
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Prime Cardiff office building up for sale with a £17m price tag
property news
The property investment in One Kingsway is being marketed by JLL
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Group behind £140m Cornwall TV and sound studios appoints JD Sports boss and top media exec to board
Creative & Digital
Community interest company ASONE has ambitions to redevelop a former airfield site near Padstow into a 'world-class creative centre'
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Exeter family law firm opens first office in Cornwall
Offices
The Family Law Company was founded in 1991 and now employs nearly 100 people in the South West
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Work on £70m transformation of landmark former Debenhams store to start
North West
Plans for the redevelopment were approved by Manchester City Council in January 2021
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East Midlands appointments and promotions
Appointments
Moves at Armsons Barlow, Heavenly Desserts, Precision People, Gowercroft Joinery, Cambridge & Counties and more
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Funding deal secures first phase of £400m Mayfield development
North West
Work could take around two years to complete the first building - the 76,000 sq ft Poulton and the car park
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F1 simulation arcade coming to Birmingham
West Midlands
Entrepreneur behind the Flight Club chain of darts bars has a new concept aimed at motor racing fans
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Green light for £115m apartments scheme on former Sainsbury’s site
North West
Amstone snapped up the site in March 2021
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M-AR buys huge Hull manufacturing facility as it cements position as a city modular construction giant
Deals
Freightliner Road site had been leased since moving in
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South West warehouse demand fuelled by ESG and chronic shortage
Logistics
Analysis by Avison Young has found a ‘a wall of occupiers’ in Bristol unable to find what they require
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New apartments planned in revamp of chamber of commerce HQ
West Midlands
Building designed by legendary Birmingham architect John Madin will undergo repair work and two new buildings will be constructed with residential accommodation
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Revealed: The 2022 Leicestershire ProCon Awards winners
property news
There was a double win for Space Park Leicester and two wins for Market Harborough-based Corporate Architecture
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Plans in for 46-storey Birmingham apartment scheme
West Midlands
Project would see the demolition of multi-storey car park to make way for almost 600 new residential units
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£25m luxury Devon resort to be opened by hotel group next year
Hotels
L+R Hotels’ Devon development sits in a portfolio that spans across Europe, the US and the Caribbean
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Approval for landmark city centre offices with rooftop pool
North West
Work is expected to start early next year
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Logistics park giant IM Properties starts work on 340k sq ft Hinckley Park speculative build
Construction
Hinckley Park is already home to DPD and a 532,000 sq ft unit let to Amazon - and employs 1,500 people
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