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Birmingham Post
Birmingham Post
Business
Tom Pegden

East Midlands commercial property investment doubles to nearly £2.3bn in 12 months

The amount invested in commercial property across the East Midlands doubled to almost £2.3 billion last year compared to a year earlier.

Figures from commercial real estate specialist Innes England suggested the amount spent was also more than 70 per cent above the five year average.

The growth has been put partly down to the vast amounts of money going into new warehousing thanks to the region’s central position on the UK distribution network.

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