Summary
Some of the world's leading investment companies are joining forces to explore the possibility of developing Birmingham's huge Wholesale Markets site. Birmingham Alliance, owners of the Bullring shopping centre, has signed a memorandum of understanding with US property giants Hines.
The deal commits the two to work with each other on acquiring land and could eventually result in the transformation of the valuable 21-acre site in Digbeth.See the full content of this document
Extract
Wholesale Change Planned ; Exclusive
The move unleashes the buying power of the Birmingham Alliance - partners include Henderson Global Investors, the Australian Future Fund and Hammerson - and the Hines conglomerate, which has funded major development ...
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