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Property


Agency appointed to city skyscraper


The developer of Birmingham's tallest residential skyscraper has brought in one of the city's top independent property agencies to manage the Broad Street building. It's almost 18 months since Regal


Property Group instructed KWB to manage the first tower at its The Bank scheme and the relationship has gone so well that it has now asked the agents to take on the second tower. KWB associate director Nicola


Fagan said: “The first tower contains 189 apartments and studio flats, which means dealing with around 200 tenants, so it was a very sizeable management project in itself. “The second one stretches to 32


floors, with another 217 flats to manage, and also contains a kitchen, coffee lounge and gym for the use of tenants in both towers, so it's very pleasing to win a second instruction from Regal.” The second tower, which was


due to reach the ‘practical completion’ stage last month, will stretch 101.5 metres into the skies, making it Birmingham's tallest residential building.


Mark Holbeche, director of


development at Regal Property Group, said: “KWB have provided an excellent concierge and building management service in our first building at The Bank, so to appoint them to the same role as we near the completion of our second tower made perfect sense.” KWB's residential has also been


accredited by the national organisation which monitors the residential leasehold sector, the Association of Residential Managing Agents.


Property show: Delegates at MIPIM 2019 Join MIPIM delegation


Businesses across the West Midlands are being encouraged to take part in the Midlands UK delegation at next year’s MIPIM property event in France. Billions of pounds’ worth of investment is agreed each year at the


international property and real estate show, which takes place in Cannes next March. For the fourth year in a row, the Midlands UK delegation will bring together the region’s public and private sector leaders to showcase their most important regeneration and development schemes. This presence at MIPIM is a bid to grow the Midlands’ reputation as a globally competitive investment destination. The show is the world’s largest real estate event, bringing together


a global audience of more than 26,000 delegates from key markets such as the USA, Middle East and Western Europe. Midlands Engine chairman Sir John Peace said: “MIPIM offers an


unrivalled opportunity for the private and public sectors to join forces and showcase our multitude of major developments to an international audience.”


Sector Focus


December 2019/January 2020 CHAMBERLINK 83


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