April 2013 news archive

Prime Minister makes surprise visit to Birch Coppice Business Park

Birch Coppice aerial

Prime Minister David Cameron made a surprise visit to IM Properties’ award winning Birch Coppice Business Park on Friday.

The Conservative party leader visited the Dordon business park to perform the official opening of Ocado’s new £210 million distribution centre.

During his trip the Prime Minister chatted with employees and learnt how more than 2,000 jobs are being created at the new centre.

Kevin Ashfield, IM Properties’ Development Director, said: “It was an honour for the Prime Minister to visit Birch Coppice and see the positive effects that both Ocado and the business park are having on the North Warwickshire communities and economy.”

Situated at Junction 10 of the M42, Birch Coppice Business Park has attracted a range of high profile occupiers including Volkswagen, UPS, Euro Car Parts and TNT Logistics. It is also home to the Birmingham Intermodal Freight Terminal, enabling every business to tap into the West Coast railway for dock to door container deliveries while benefiting from the economic and environmental benefits of rail freight. In excess of 5,000 jobs have been generated at the business park since it opened in 1997.

IM Properties completes acquisition of The Hub, Birmingham

The Hub site, Birmingham

IM Properties has completed its multi million pound acquisition of The Hub, the premier industrial park located close to Birmingham City Centre.

Situated on Witton Road in Holford, the site boasts more than 50 acres of fully serviced development land offering occupiers bespoke high bay units of up to 750,000 sq ft.

In addition, the Hub has six industrial and distribution buildings totalling 625,000 sq ft. Tenants include Timet (UK) Ltd, IMI Components Ltd, Iron Mountain and Laidlaw Interiors Group.

IM has purchased the site from PRUPIM, the real estate investment management arm of M&G Investments, as part of its continuing strategy to acquire key employment sites within the West Midlands.

Kevin Ashfield, IM Properties’ Development Director, said: “The Hub provides the rare opportunity of a fully serviced site in close proximity to Birmingham city centre and is perfectly suited to internet retail, local distribution and manufacturing led requirements.

“The lack of available sites around the city and the West Midlands, combined with a shortage of available buildings, means The Hub is excellently placed to attract occupiers.”

In addition, the park benefits from 24 hour security and is extensively landscaped, providing an excellent working environment. An established labour pool is readily available.

The Hub is one of 6 locations across Birmingham to benefit from enterprise zone status.

IM Properties was advised by Andrew Bull at Savills Birmingham.