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Thursday 7th May 2015, Property media watch:
Today’s local stories in the property world:
UK housing market activity remains strong despite election – Property Wire
“Housing market activity in the UK was stronger across the board last month than at the same point last year, regardless of the general election, according to the latest research from valuers. There were 13% more property valuations conducted in April than a year ago, despite last month’s total dipping by 32% compared to March 2015, the data from Connells Survey and Valuation shows.”
Chinese investors’ plan to fund major Birmingham regeneration schemes – Birmingham Post
“A group of wealthy Far Eastern investors are planning a major spending spree in Birmingham – and have huge regeneration schemes in their sights. A consortium headed up by Denise Li, president at GlobalChina Wealth Management Company, plans to filter capital from the super-rich of China and Taiwan into property, infrastructure and energy schemes in the UK. Speaking to the Post on a visit to Birmingham, Ms Li said the city was its principal focus, rather than London, which she said was “saturated”. While Ms Li did not reveal potential investments, the group’s spending power would stretch to huge schemes like the Birmingham Smithfield development at the Wholesale Markets, regeneration around Curzon Street Station and the Icknield Port Loop residential quarter.”
The Drum arts centre to undergo major extension – Birmingham Post
“Birmingham arts centre The Drum is set to be turned a striking red colour in its first major renovation in decades. The venue, in Potters Lane in Aston, is to undergo a major extension to increase seating from 350 to 480, while offering additional standing space for up to 1,000 people, up from 750 at present. The new corrugated roof will be painted red and add 28 feet to the height of the current auditorium, adding more flexibility to the venue.”
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The stories above are from various media sources, they do not necessarily reflect the views of James Laurence Sales and Lettings.
