Acquired in 2012 the former Auchinleck House and Fiveways Shopping Centre was acquired from LaSalle Investment Management. Planning consent was acquired for partial demolition and refurbishment to provide a new hotel of 253-bedrooms and associated facilities. The property has now been redeveloped and is successfully trading as the first Park Regis hotel in Europe for Australian based StayWell Hospitality Group.
The hotel is an important part of Birmingham hotel infrastructure supporting not only the burgeoning conference centre but also approximately 75 jobs. This demonstrates how a SevenCapital development makes an impression on an area with significant and lasting regeneration effects.
SevenCapital retains an interest in the ground floor commercial units where retail leasing opportunities exist. For further details please contact the commercial team.