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IM Properties has launched a £270,000 community fund to assist local projects surrounding the proposed Peddimore employment park.

The Peddimore Community fund will be managed by the Heart of England Community Foundation, and the first set of grants of up to £2000 will be awarded on a quarterly basis during 2019, with applications now open for April.

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A planning application for Peddimore, a major new employment site in Minworth which could create up to 6,500 direct new jobs and attract leading manufacturing and logistics companies, has been submitted to Birmingham City Council.

Leading investor in the Midlands, IM Properties (IMP), is seeking permission to deliver 66.5 hectares of employment space and infrastructure that could create a new economic asset for Royal Sutton Coldfield and Birmingham.

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IM Properties has forged partnerships with four community organisations as it begins to outline the long term legacy it wants to create at Peddimore, Birmingham.

St Basils, The Jericho Foundation, The Pioneer Group and Witton Lodge, will all work with IM Properties to ensure individuals and communities most in need, benefit from both the social and economic value the company and its supply chain looks to deliver.

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Taylor Wimpey has taken the last of the remaining space at IM Properties’ (IMP) One Central Boulevard at Blythe Valley Park (BVP). Now fully occupied, Taylor Wimpey’s new 9,393 sq ft training facility opening Q1 next year, completes the occupancy of 113, 914 sq ft of space, in what is the largest multi-let office building on the M42.

Taylor Wimpey have chosen the location of the new training facility for its first-class connectivity on junction 4 of the M42 and close proximity to Birmingham airport and nearby train stations.Read More

Gymshark, one of the world’s fastest-growing fitness apparel brands, has taken more space at IM Properties’ (IMP) Blythe Valley Park (BVP).

Last year, Gymshark chose the park as its location for their global GSHQ, relocating from Redditch and taking 42,000 sq ft of Grade A space on a 10-year lease.

The online fitness apparel retailer has signed up to IMP’s award winning Connexion campus of five high specification industrial & logistic units, taking 31,000 sq ft.

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GKN Aerospace touches down at Blythe Valley Park One of the most famous names in British engineering is taking office space at IM Properties’ Blythe Valley Park (BVP) scheme on junction 4, M42.

GKN Aerospace has signed up for 11,403 sq ft at One Central Boulevard (OCB), which has attracted a variety of quality occupiers since its £5 million refurbishment.

Now with just c.9,500 sq ft remaining at OCB, it’s clear that IM Properties strategy for creating modern working environments with a strong wellbeing agenda is paying off.

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IM Properties’ new speculatively built FIRST offices at Blythe Valley Park (BVP), junction 4, M42, are to be the new HQ of Solihull based accountants and business advisers, Jerroms.

Currently employing close to 100 people, with a view to increasing its size by 50 per cent in the next three years, the new 15,000 sq ft offices, which are the first speculative offices to be built on the M42 for a decade, will provide room to grow and a statement building to reflect Jerroms’ corporate ambitions.

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IM Properties’ (IMP) has confirmed that Home Bargains and The Food Warehouse will join Lidl at its Bromsgrove Retail Park.

With all three retailers set to be open by Christmas, the Birmingham Road site is almost fully occupied, with talks underway with two leisure operators to take the last remaining unit.

Harry Goodman, IMP’s asset manager said, “We’re extremely pleased to bring these retailers to Bromsgrove to sit alongside Lidl, who we signed at the beginning of the year.

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The first phase of homes at a major mixed-use development near Solihull has been given the go-ahead. Bloor Homes has been granted detailed planning permission to build 170 new homes at IM Properties’ Blythe Valley Park (BVP), close to Junction 4 of the M42.
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Midlands based IM Properties (IMP), reported a pretax profit of £63.6m, up 9% for 2017, as they continued to outperform the real estate industry

IMP achieved a total return on capital employed for the year of 14% compared to an industry average of 11.2% *

The sale of 55 Colmore Row, IMP’s flagship office scheme in Birmingham, amongst other transactions, contributed to the healthy profits, with the investment division realizing a profit of £23.3m from asset sales alone.
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IM Properties has signed up SERVE to a 12,000 sq ft underground unit at 55a Temple Row in Birmingham.

SERVE will debut its flagship venue in the city, launching a new social entertainment brand, combining a stylish and contemporary bar with an immersive ping pong experience.

The first of its kind outside London, SERVE is the brainchild of business partners James Day and David Smith, who first met in New York and began to develop the idea for a venue. The new offering will provide a relaxed, family friendly environment by day and a hip, nightclub culture by night.

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