Investment in commercial property across the West Midlands region has jumped by 32 per cent in Q2 compared to last year. Our latest UK Investment Transactions report found that the region was the second strongest performing region in the UK behind the South East with total transactions of £603m – 40 per cent ahead of the five-year average.
The figures came against a national backdrop of £36bn invested in the first half of 2015 – the second highest figure on record with investment in the second quarter up by a third on the same period last year although the number of deals fell.
The largest deal of the quarter in Birmingham was Legal & General’s purchase of 1 Colmore Square for £87m.
Read our latest UK Investment Transactions (UKIT) report here.