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News Release

Birmingham

West Midlands to be handed a £1.2billion devolution deal

Ian Cornock comments on the announcement


Birmingham 17 November 2015 - Talking about the announcement that the West Midlands is to be handed a £1.2billion devolution deal Ian Cornock, JLL's lead director Midlands region said:

"The devolution deal is the news we have all been waiting for and will undoutedly further fuel the interest investors are seeing in Greater Birmingham. We know from experience investors see no boundaries. Whether a scheme is in the Black Country or the city centre, to them it is Birmingham.

Our ability to deliver joined up thinking on transport and infrastructure is one of biggest key indicators of investment potential and the news that an additional £97m will be made available for a further extension of the Midland Metro tramline, is very welcome.

We've had a great year in Birmingham and this new deal provides the icing on the cake, providing a boost to business and an extremely positive signal that we are geared up as a region for growth and we are serious about delivering it."