October 10, 2022
Insider recently revealed the finalists for the Insider West Midlands Property Awards, which aims to celebrate the best of the region’s real estate successes during a challenging year.
Alongside Operating Partner, Opus Land, Fiera Real Estate has been shortlisted in the Commercial Development of the Year category for the firm’s scheme in Wolverhampton.
In April 2021, Fiera Real Estate and Opus Land acquired a 2.95-acre site in Wolverhampton with plans to construct an ESG-exemplar, Grade A office and warehouse building. The pre-let forward funding was purchased by Fiera Real Estate’s Long Income Fund, FRELIF, and reached practical completion in less than a year. The scheme has been designed with sustainability in mind, with roof-mounted solar panels, EV charging points and rainwater harvesting provision to ensure the efficient running of the building.
The pair secured planning permission for the two-storey building which houses 171 workstations together with meeting rooms and welfare facilities for hundreds of employees and contractors. The office specification includes raised floors, suspended ceilings, VRF heating and cooling systems and LED lighting.
The scheme reached Practical Completion in May 2022 and is one of the most significant regional HQ facilities in the local area, located in a prominent position on Planetary Road, approximately 1.5miles away from Wolverhampton city centre and conveniently placed within a 30-minute drive to Birmingham city centre.
Opus Land, along with Manse LLP, have also received a further three shortlistings at the Insider West Midlands Property Awards – the Fiera Real Estate network is certainly on a roll.