Estate agent makes Colmore Row move

REAL Estate Investors plc (REI), the Birmingham-based property group, has announced a letting to estate agent Goodchilds.
The Wolverhampton-based agent and lettings firm has moved into 102 Colmore Row in Birmingham city centre, taking 269 sq ft at £25 per sq ft on a five year term.
It marks further expansion for Goodchilds which is currently celebrating its 20th anniversary.
The business has offices at Aldridge, Burntwood, Cannock, Erdington, Lichfield, Milton Keynes, Stafford, Stoke-on-Trent, Sutton Coldfield, Tamworth, Telford, Walsall, Wednesbury and Wednesfield.
The move reinforces the “clustering” of estate agents/letting agents along Colmore Row.
Ian Clark, senior asset manager at REI, said: “We already have Centrick, FleetMilne and CPBigwood in our buildings on Colmore Row. And now Goodchilds.
“The housing sector is reviving fast – it is very encouraging.
“It also shows that the market generally is improving and headline rents are increasing.”
Knight Frank acted for REI on the deal.