We move into 2008 with announcement of a new joint venture with Chase Commercial to develop 4 acres of land close to J 9 M5 at Ashchurch. We already have planning consent for 70,000 sq ft of offices but will consider the development of a similary sized warehouse. The site is close to Ashchurch mainline station.

We are currently developing at Hollymoor Point Rubery, Birmingham. Here we have built 2 industrial/warehouse units of 28,111 sq ft and 40,584 sq ft. The smaller unit has now been sold. We have land available for a 46,000 sq ft and a 90,000 sq ft building. All buildings are offered for sale or to let.

We are soon to start construction of a 27,000 sq ft warehouse at Wayside Business Park at J3, M6 to the north of Coventry. This will only be available to let as we are retaining the business park as an investment.

Also in Coventry we are proposing to build offices of 15,600 sq ft at Crosspoint Business Park at J2, M6. This will be available to let or for sale.

At kettering Venture Park, which is adjacent to J9, A14 we have just finished construction of the first phase six B1 offices ranging from 2,024 sq ft to 5,264 sq ft. 4 units remain available to let or for sale.

In 2007 we concluded our joint venture at Area 7 with Alfred McAlpine Special Projects having sold the remaining land upon grant of planning consent for waste transfer facility. Our B1 office developments with Business Homes are continually being rolled out. We started development of 12 B1 office units at Birmingham Business Park in 2007. The majority of these units were sold or let prior to Practical Completion which took place in February 2008. For current availability and other schemes click on the Business Homes link above.

We have a good track record of Mixed Use development. In Birmingham 2003 we developed Innovation Square in the professional quarter of Birmingham. The scheme incorporates 33240 sq ft of Grade A air conditioned offices; two office buildings of 3,000 sq ft and 5,000 sq ft together with shops, bars and apartments.

We are currently expanding our development pipeline for office and industrial and distribution schemes. We are constantly looking for new opportunities in our region.