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EGi Deals & UK Cities Newsletter - Birmingham 2009
 
Deals Update

Congratulations to GBR Property Consultants, who achieved the first place in the EGi Birmingham office disposal league table for 2009. This table was published in the Estates Gazette on 17th October and was based on the amount of office sq ft let and sold in Birmingham in the past year. Within this newsletter you can find 2007 to 2009 office disposal league table charts for Birmingham. These examine leases and occupational sales by Sq ft.

Congratulations also to winners of the EGi West Midlands deals competition; Harris Lamb scooped the Most Active Regional Agent whilst DTZ was crowned the Most Active National Agent. This competition counted the number of all commercial property deals in the past year and was based on EGi Research. Rankings by sector in the Birmingham market can be seen below.

For in-depth Birmingham City Centre building information please search on EGi UK Cities Service.

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Deals Winners West Midlands: DTZ and Harris Lamb
 
 
Top 5 Agents by number of deals between September 08 to August 09
 
OFFICE
  1. King Sturge
  2. GBR Property Consultants/ GVA Grimley
  3. DTZ/ Kingston CPC
  4. CB Richard Ellis
  5. KWB

INDUSTRIAL
  1. Harris Lamb
  2. Bulleys
  3. Jarvie Bedhall
  4. Towler Shaw Roberts
  5. DTZ


RETAIL/LEISURE
  1. Cushman & Wakefield
  2. Towler Shaw Roberts
  3. Johnson Fellows & Company
  4. CB Richard Ellis
  5. Rowley Hughes Thompson
 
Birmingham Office Agency League Table Chart by Sq Ft 2007 – 2009*
 

* Office occupational sales and lettings only. The area used for the 2009 league table was Central Birmingham as defined by BOFM. 2007 and 2008 figures were using postcodes B1, B2, B3, B4 and B5 only. The table refers to agents acting for the lessor or the vendor. Joint agency deals are related to both agents.

 
Key Office take-up in Birmingham - October 08 to September 09
 
Address Size (sq ft) Lessor Lessor's Agent Lessee

The Cube, 29-37 Commercial Street, Birmingham

50,000 Birmingham Development Group DTZ/ GBR Property Consultants The Highways Agency

Colmore Plaza, 26 Colmore Circus Queensway, Birmingham

45,582 Carlyle Group Cushman & Wakefield/ GVA Grimley The Amey Group

Colmore Plaza, 26 Colmore Circus Queensway, Birmingham

30,000 Carlyle Group Cushman & Wakefield/ GVA Grimley Orega

100 Broad Street,
Ryland Street, Birmingham

17,646 Boultbee Group GBR Property Consultants Birmingham City Council

Hagley Court, 40 Vicarage Road, Edgbaston

12,056 Real Estate Investors KWB Claimar Care
 
Key Planning Applications/Permissions - October 08 to September 09
 
Address Size Proposal Status Submitted/Granted

Beorma Quarter, Digbeth

Office: 478,944 (gross) sq ft
Retail: 27,341 (gross) sq ft Residential: 15 units

New Build Application Submitted 23/01/2009

Central Hall, 198-224 Corporation Street

Residential: 47 units, plus office, leisure and retail. Change of use Application Submitted 05/08/2009

The Snow Hill Hostel, 86 Old Snow Hill

Residential: 88 units

Extension Application Submitted 09/09/2009

45 Upper Dean Street, Pershore Street

Office: 6,458 (gross) sq ft
Retail: 13,401 (gross) sq ft Hotels: 550 rooms

New Build Permission

Submitted 18/03/2009

Granted 17/06/2009

Eastside,
Eastside Locks, Curzon Street

Office: 686,000 (gross) sq ft
Hotel: 185 rooms
Retail/leisure: 105,000 (gross) sq ft
Residential: 353,606 (gross) sq ft Flexible office space: 50,377 (gross) sq ft

New Build Permission

Submitted 29/05/2008

Granted 04/12/2008

55 Temple Row, Cherry Street

Office: 187,498 (gross) sq ft New Build Permission

Submitted 16/09/2008

Granted 12/12/2008

34-35 Tenby Street

Office: 12,831 (gross) sq ft Refurbishment Permission

Submitted 04/07/2008

Granted 16/10/2008

 
Construction Pipeline - October 08 to September 09
 
Under Construction
Scheme Size Proposal Completion Agents

Two Snowhill

Office: 302,500 sq ft New Build 2012 CB Richard Ellis/ Colliers CRE

The Cube, Mailbox

Office: 110,000 sq ft
Retail/leisure: 76,000 sq ft
Residential: 244 units Hotel: 50 rooms

New Build 2010

DTZ/ GBR Property Consultants/ King Sturge

St Pauls Place, St Pauls Square

Office: 16,000 sq ft Residential: 168 units

New Build 2010 GBR Property Consultants (office element)
Completions
Scheme Size Proposal Completion Agents

Sirius, John Bright Street

Residential: 182 units Retail: 7,600 sq ft

New Build 2008 N/A
45 Church Street Office: 124,000 sq ft New Build 2008 GBR Property Consultants/ DTZ
Eleven Brindleyplace, Brunswick Square

Office: 107,000 sq ft Retail: 2,800 sq ft

New Build 2009 GBR Property Consultants/ GVA Grimley
Newhall Square, 144 Newhall Street Office: 10,900 sq ft New Build/ Refurbishment 2009 Colliers CRE/ Maguire Jackson
 

Key Investment Sales by price in Birmingham - October 08 to September 09

 
Address Type Price Vendor's Agent Purchaser Purchaser's Agent

Bullring, Edgbaston Street,
Park Street, Birmingham

Retail £210m Cushman & Wakefield Future Fund CB Richard Ellis

27 Fleet Street,
61-60 Lionel Street, Birmingham

Leisure & Office £37.5m Colliers CRE Moorfield Group Savills

Two Brindleyplace,
2 Brindleyplace, Birmingham

Office £30.5m CB Richard Ellis IVG Funds Jones Lang LaSalle

Fifty4, 54 Hagley Road, Birmingham

Office £11m King Sturge/ Tudor Toone Westbrook Partners GBR Property Consultants
 
 
Contact Information

For further information about this newsletter or EGi Deals & UK Cities Database please contact Susan Jamieson on 020 7911 1868

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