Arena Central sold ahead of next development phase

Projects such as the metro would have been part funded through higher rates
Property group Kier has bought the development rights for the next three buildings at Arena Central in a deal reportedly worth around £30m. The landmark development in Birmingham city centre is already home to HSBC UK while HMRC's new regional hub at 3 Arena Central is currently being built. The 240,000 sq ft development, which will become home to 3,600 civil servants by 2020, is being built by Kier and funded by L&G. Kier will now control the development of the next 526,000 sq ft at Arena Central, which is scheduled to be ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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