Bruntwood’s portfolio increases in value

COMMERCIAL property firm Bruntwood has announced that the value of its portfolio of offices increased by 4% to £948m in the year to September 2010, while its net worth was up 3.2% to £310m.

The company, which owns Cornwall Buildings, Mclaren and Kennedy Tower in Birmingham city centre, also announced a 3% increase in turnover to £100.2m, although its net profit fell slightly to £11.1m.

Chief executive Chris Oglesby said: "Despite a tough market and stiff competition, we have delivered a very impressive increase in n... For the full story register now for free or login below...