Facebook - Birmingham Business Twitter - Birmingham Business Instagram - Birmingham Business
https://info.rhinooffice.co.uk/istheofficedead

Global investment partners acquire apartments

Regeneration at Westminster Works, Birmingham, has been given a vote of confidence, after a specialist property investor brokered a deal that sees global investors acquiring 41 apartments.

Gary Powell, managing director of Admired Properties, worked with developer High Street Residential, brokering the deal through his global investment partners.

Westminster Works (located close to the proposed high-speed rail network HS2 linking Birmingham and London) is on the edge of the second city’s Southern Gateway £1 billion regeneration zone.  It is currently being developed into seven storeys with 220 units, comprising one and two bedroom apartments.

Gary said: “It is an excellent time for property investment in the UK. Demand for housing is outstripping the supply and our global investment property partners are all keen to be involved in the much-needed developments that are happening around the country right now.

“Looking to the future, we know that the need for new housing is only set to increase and we have investors on standby who we can line up with developers at the touch of a button.”

Gary worked both in the UK and Asia markets for over 20 years before establishing Admired Properties in 2017. The company, which specialises in linking global investors (predominantly from Asia) with UK developers, has previously worked with High Street Residential brokering 70 sales at the prestigious Middlewood Plaza, Manchester and 50 at Hadrian’s Tower, Newcastle.

Tony Morrin, head of investment sales at The High Street Group of Companies, said: “Working with Admired Properties allows us a level of reassurance as it provides a wealth of exceptionally credible global contacts with investment property partners that are positively looking for opportunities in the UK.

“Knowing we can call upon such a well-connected and respected business that consistently brokers a significant proportion of properties for The High Street Group is a huge confidence boost when it comes to working on such large scale developments.”

Pictured: Gary Powell, managing director of Admired Properties

Zurich opens two new offices

Insurers strengthen commitment to the West Midlands

21st June 2019

£27 million investment kick starts construction

140 apartments will be built in Digbeth

28th May 2019

New head of HR joins the team

Investment and development firm welcomes expert

27th February 2019

Brandauer invests in Japanese technology

Metal stamping specialist buys new high-speed press

12th July 2019

City centre office deals are signed

Brindleyplace drives the market thanks to quality and variety of space on offer

2nd July 2019

£140m city office sale is sealed

Deal is largest in the region this year

4th June 2019

Dale Sampey

Owner and manager of The Barber House

16th April 2019

Businesses back Smart Works charity

First fundraising lunch is huge success

18th February 2019

Images of HS2 stations released

Designs of Curzon Street and Interchange go public

10th October 2018

Firm has its name up in lights

Lighting design on display in Australia

2nd April 2019

Investment Fund reaches £50 million milestone

Cash handed out to more than 150 firms

19th June 2019

Lease deal agreed for sought-after premises

Engineers will merge two Birmingham teams

23rd May 2019

National fund manager relocates its HQ

Move to Birmingham's business district follows high-profile deals

12th July 2019

Samsung steps in to purchase firm

Takeover by one of the world's largest tech companies is agreed

12th March 2019

First look inside new Edgbaston built-to-rent apartments

£37 million scheme on Hagley Road is taking shape

5th February 2019