Solihull Solihull Chamber Patrons
Office market’s record quarter
The Solihull and M42 office market has been boosted by its most successful first quarter of the year for five years. According to local property firm KWB, deals
involving some 91,000 sq ft of space were completed during the quarter, with a diverse range of occupiers taking up residence in the borough. KWB, one of the most active property agents
in the borough, said that if the trend continued throughout the year, it would represent a massive 35 per cent increase in deals over 2017.
‘Companies acquiring better quality, and more efficient office space’
Mark Robinson, director in KWB’s office
agency team, said: “As in Birmingham city centre, many of the transactions in Solihull and the M42 corridor were lease event-driven, with companies acquiring better quality, and more efficient office space. Again as in Birmingham city centre, Solihull and M42 office market achieved four office space transactions over
10,000 sq ft. This was an excellent achievement for the market, which only achieved nine deals over 10,000 sq ft for the whole of last year.” The largest deals were the letting of 25,200 sq
ft to skincare company Beiersdorf UK which moved due to a lease event, and the sale of 23,750 sq ft at Zenith House. Mr Robinson said: “Birmingham city centre
responded throughout 2017 to the trending demand for serviced offices, but until now the Solihull office market has been a little slow to match this.” Despite good performance at the top end, the
lack of any mid-market deals – 5,000 to 10,000 sq ft – highlighted a significant gap within the market, according to Mr Robinson. He said: “The reasons seem to be much the
same as those of Birmingham city centre in the 5,000-15,000 sq ft bracket – lack of supply and discerning occupiers. The future for the Solihull office market appears robust and reliable, but it is unlikely to deliver quarters substantially greater than this, although we are aware of larger lease events on the horizon, which may result in some headline transactions before the year is out.”
Football fan: Alex Manners in the media department at Solihull College
Former Solihull College student Alex Manners has launched a campaign to help football fans who have asperger’s. Alex Manners was himself diagnosed with
asperger’s – a form of autism – when he was 10. He has now launched a campaign to raise awareness and discuss solutions as a way to combat difficulties faced by autistic fans. These challenges include sensory overload, personal space between seats and turnstiles. “I’d like all clubs to comply with providing
a certain number of spaces for autistic fans,” said Alex.
In Brief
June 2018 CHAMBERLINK 41
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