Midlands regions join forces to showcase billions-of-pounds’ worth of investment opportunities

  • Midlands’ biggest players to address thousands of investors at world leading property investment show
  • Nottinghamshire to unveil big plans at the event

More than 85 private and public sector organisations from across the Midlands will showcase billions-of-pounds’ worth of investment opportunities, as part of the Midlands UK delegation at MIPIM 2020 (Cannes, 10-13 March).

The Midlands UK delegation, which is supported by Midlands Engine and Department for International Trade brings together senior leaders from across the Midlands. It aims to build on the region’s £250 billion economy at MIPIM, the world’s leading property show.

Locations such as Nottinghamshire – which has already attracted more than £900 million of foreign direct investment in the last three years – will be presenting several real estate projects at the event.

This year, Nottinghamshire will be showcasing the 40-acre £650 million Boots Island site, which will house a hotel, student accommodation and office and residential space.

Lorraine Baggs, head of Inward Investment at Invest in Nottingham, said:

“MIPIM provides a focussed platform for Team Nottingham to showcase Nottingham’s development opportunities to other ambitious and accessible decision makers.

“The mixture of public and private sector is deliberate and key as it provides a team made up of complementary disciplines, covering various bases, which gives investors a clear route to Nottingham’s opportunities, consistent messaging and thus more certainty.

“Put simply, it provides investors with most of the information they need in order to make decisions.”

Sir John Peace, Chairman of Midlands Engine, said:

“The Midlands is open for business and MIPIM is the best place to tell the world about it. The region’s outstanding infrastructure, connectivity and talent pool of more than 11 million people makes it the perfect investment destination.

“The reason we attend MIPIM each year is simple: it brings investment into the Midlands which in turn creates regeneration, infrastructure, jobs and money for the public purse.

“All of these factors add to a strong UK economy, which ultimately enhances prosperity and quality of life for the people who live and work in the Midlands.”

Some 70 private sector partners will also join the cohort with partners such as Lendlease, Birmingham Airport, St Joseph and Cassidy Group attending the event. Others include Gleeds, Harworth Group plc and Extra MSA Group.

Cassidy Group will be unveiling a range of UK residential projects with values from £10 million – £100 million. The Group’s portfolio contains projects from eight different cities across the UK with a focus on student accommodation, private rental schemes (PRS) / build to rent (BTR) sector.

The Coventry-based Group has a UK-wide footprint with many projects situated in the Midlands. This year, Cassidy Group will be highlighting various projects including the £48 million PRS scheme Arkwright Street, which is located in Nottingham and will create 320 new residential units.

Arkwright Street is situated in a prime location close to Nottingham train station in the city centre and is adjacent to the new HMRC regional Headquarters, which opens in late 2021 with 4400 new employees.

Furthermore, the Group will showcase its £42 million Albany Road student accommodation scheme based in Coventry. The project will create 436 new student beds in Earlsdon, which is a prime location for students.

The new beds will be the first major Purpose Built Student Accommodation (PBSA) in Earlsdon and will help to meet the increasing requirements at both Warwick and Coventry Universities for PBSA.

Patric Cassidy, Director of Cassidy Group, said:

“Joining the Midlands’ public and private sector organisations at MIPIM enables us to have important conversations with key players and network with global investors to bring home fresh investment for not only Cassidy Group but also the whole region.

“We have a substantial development portfolio that is valued at £1 billion, including plans for more than 7,000 student beds and over 2,000 PRS / BTR units. We look forward to meeting with potential investment funds to discuss our exciting projects further.”

The event provides the delegation with access to more than 26,000 delegates ranging from potential investors, partners, clients, suppliers and global property media. During the three-day show, there will be an action-packed event programme full of presentations, panels and showcases at the Midlands UK Pavilion (C16.D).

Posted on 30 January 2020

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Sophie Milne

Featured author

Sophie Milne