Tradewind Recruitment breezes into Birmingham

Pictured outside Blucher Street is (left to right) Philippa Pickavance, David Lester, sales manger at Tradewind Recruitment, and Bill Andrews.

London-based recruitment firm Tradewind Recruitment Limited has chosen Birmingham as the location for its first venture outside the capital.

The company, which specialises in providing recruitment services to the education sector, has taken 1,423 sq ft /132 sq m of office space at 2 Blucher Street, in the city centre, on an all inclusive basis.

The building, which is located opposite The Mailbox, is owned by Shrewsbury-based Morris Property, who were advised by Drivers Jonas Deloitte. Continue reading

Two Snowhill deal a major boost for city’s property sector

The announcement that Hines and Ballymore Group are to jointly develop Two Snowhill in Birmingham is a major shot in the arm for the city’s commercial property sector and will help alleviate the looming office supply crisis, according to Colliers International.

Craig Satchwell, head of office agency at the firm, who advised Hines on the deal, described it as “a very significant regional transaction for the UK property market”. Continue reading

Expansion for city centre estate agency

L-R: Marcel Woodhouse,Tia Begum-Bowers, Michael Briggs, Luke Jones and Samantha Shaw.

Birmingham residential sales and letting agency York Laurent has opened a second office in the city centre at The Arcadian Centre, Hurst Street, and appointed four new members of staff to its team.

York Laurent has been established in the Jewellery Quarter since 1998, and is a thriving sales, letting and UK property management business with a growing commercial property consultancy. Continue reading

MADE for Newhall Square

6-7 Newhall Square

RO St Bernards (ROSB) has let the first floor of 6-7 Newhall Square, Birmingham, to Midlands Architecture and the Designed Environment (MADE).

MADE is the architecture centre for the West Midlands and was established to raise the standards of architecture, landscape and urban design across Birmingham and the region. It provides design advice to public, private and voluntary organisations and communities.

Funded by Advantage West Midlands, the Arts Council and CABE (the Commission for Architecture and the Built Environment), MADE runs training courses, exhibitions and networking events for those working in the built environment. Continue reading

Trio of lettings at Quayside

Quayside, Broad Street

CBRE Investors has scored a trio of lettings at its Quayside development on Broad Street, Birmingham.

Regus, the workplace provider, has taken 12,636 sq ft/1,173 sq m at the development, on the second and third floors, their seventh business centre in the city. The serviced operator has a ten-year lease; the rent is undisclosed.

Signallng Solutions has moved in to the 13th floor, occupying 6,318 sq ft/586 sq m of space. The new tenant, which provides turnkey solutions to the rail industry train control and resignalling market, has agreed a ten-year lease with a five year break, at a rent of £18 per sq ft. Continue reading

CB Richard Ellis ranked world’s No 1 commercial management firm

 

Neil Anderson CB Richard Ellis, head of the property and asset management team

 

CB Richard Ellis (CBRE) has been ranked the No1 commercial property management firm in the world, according to National Real Estate Investor, the leading magazine for professional real estate investors. CBRE, which has its largest regional office in Birmingham, has retained the top position in the publication’s annual ranking for seven consecutive years.

CB Richard Ellis manages more than 2.5 billion sq. ft. of commercial property globally. This portfolio is more than 850 million sq. ft. larger than the No2 firm, which manages 1.65 billion sq. ft.  The firm’s team in Birmingham, one of the largest in the city, has more than 1,500 tenancies under its management. Clients include Threadneedle, Nurton, ING, CBRE Investors, St Martins Property Company, Carlyle Group, Calthorpe Estates and Opus Land. The team manages most of the city centre’s ‘trophy’ office buildings, including Colmore Plaza, 2 Colmore Square, Calthorpe House and Victoria Square House.

Continue reading

Birmingham office rents now mid-table

Ashley Hancox, head of regional office agency at CB Richard Ellis

It is now £2.50 per sq ft more to occupy leased offices in Manchester than it is in Birmingham, according to CB Richard Ellis’s Global Office Rents survey.

Rents, rates and service charges now total £44.50 per sq ft in Manchester, the world’s 22nd most expensive office centre, compared to £42 per sq ft in Birmingham, which is 27th out of the world’s top 50. Edinburgh, also at 22nd, joins Manchester as the UK’s most expensive regional city.

Two other regional cities make the CBRE top 50: Glasgow, 31st at £40 per sq ft and Leeds, which at £36 per sq ft is 40th. London’s West End tops the international poll at a whopping £120.50 per sq ft. Continue reading