SECTOR FOCUS: PROPERTY


Investors eye new property markets


continue to hit commercial property activity in the West Midlands for the rest of the year, according to experts at commercial property firm Lambert Smith Hampton (LSH). But investors are moving towards the prime end of the market, particularly in offices, meaning that average deal sizes have nearly doubled over the previous quarter. Although investors are returning


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to the market in London and the South East, activity in the rest of the country continues to be restrained, according to LSH’s latest quarterly analysis of the market Q3 – UK Investment Transactions Q3. The report also identifies a move away from traditional asset classes into other areas, particularly hotels and leisure. Adam Ramshaw, associate director in the Birmingham office of LSH, said:


Adam Ramshaw


“The continuing uncertainties in the Eurozone and the future of the UK economy have resulted in a decline in sentiment among property investors. Declining market sentiment means investors will continue to focus on the prime end of the market. The economic situation means investors are still cautious when it comes to either secondary assets or prime assets in less desirable locations. “We are seeing a move towards non-traditional areas of the market, such


as leisure. A good example of this is Legal and General’s hotel portfolio acquisition which included Malmaison in Birmingham.”


he Eurozone crisis, economic uncertainty and limited bank lending will


Affordable homes get £39m boost


Tom Murtha


The region’s leading housing and care organisation Midland Heart has been awarded £39m to deliver 1,685 new affordable homes across the West and East Midlands. The £39m contract is part of the


government’s Affordable Homes Programme through the Homes and Communities Agency and is their largest allocation in the Midlands. The significant funding, together with Midland Heart’s existing ambitious plans for future development opportunities which are already in the pipeline, will see Midland Heart deliver a combined total of 2,400 new homes. This brings with it major growth and investment to the Midland’s economy which will total £200m of capital investment over the next four years, as well as the creation of thousands of jobs and training opportunities.


‘What is significant is the investment that the programme will bring to the region; boosting the local economy by around £200million’


Tom Murtha, CEO Midland Heart said: “What is significant is the investment that the programme will bring to the region; boosting the local economy by around £200m through inward investment and the creation of thousands of jobs and training opportunities. This really is good news for all. Across the HCA’s Midlands


operating area, the Affordable Homes Programme is investing over £286m to deliver 13,500 homes over the next four years and successful bidders were announced earlier this year.


The Future of Steam Generation


CERTUSS Steam Generators Steam in 3 Minutes and 98.5% Efficiency


When Hans Joachim Schroder founded his company CERTUSS Warmetchnik GmbH in 1957, his primary goals were to manufacture reliable, low-noise Steam Generators, easy to maintain and for continuous operation. These objectives formed the basis of a successful company, which is now operating worldwide. The concentration of a clearly defined product line, systematic research, development and a highly trained team of professionals, enables equipment production of the highest standard aligned with a Certified Quality Management system according to DIN EN ISO 9001:2008.


All CERTUSS Steam Generators are type tested according to European Pressure Equipment Guideline DGRL 97/23/EG.


CERTUSS (UK) Ltd Unit 45 Gravelly Industrial Park, Tyburn Road, Birmingham B24 8TG Tel: +44 (0) 121 327 5362 Fax: +44 (0) 121 328 2934 E: sales@certuss.co.uk www.certuss.co.uk DECEMBER/JANUARY 2011/12 CHAMBERLINK 41


CERTUSS offer seven construction groups within their range of fossil fuel generators with outputs ranging from 80kg/hr to 2000kg/hr and operating pressures of up to 32 Bar G. To accompany the generator, CERTUSS also offer their CVE package plant module, where all the associated ancillary items are pre-piped, pre-wired and factory tested.


Fuel types offered are Gas, Light Oil, LPG and Bio fuel, with combination burners offered on all units from 500kg/hr upward. Also available are a range of electrical steam generators from 6kW to 120kW.


CERTUSS pride themselves on their pre-sales to after-sales advise and care, offering a Gold, Silver and Bronze service level facility to all customers and the option of an extensive training program.


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