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The Paradise redevelopment is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture with Birmingham City Council. Our partnership with Federated Hermes, and the existing joint venture investments we have together in Birmingham, Leeds, Oxford and London, deliver strong results to help us support the CPP’s contributors and beneficiaries and form part of our wider commitment to continued investments in the U.K.” and deliver on the increasing demand from both local and international corporates who are looking for high-quality office space within the city. The project is very well positioned to support the growth of Birmingham as a modern and expanding centre in the U.K. “We are delighted to extend our successful partnership with Federated Hermes through this investment in One Centenary Way.
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Tom Jackson, Managing Director, Head of U.K. In addition, the building’s basement will host Birmingham’s first public cycle hub. One Centenary Way is targeting a BREEAM Excellent rating1 and Energy Performance Certificate B rating2. Examples include a ‘smart enabled’ digital system architecture to allow occupiers to realise energy savings and streamline operations, and the use of all-electric HVAC and heat pump technology to utilise thermal energy. The site has been low-carbon during construction and upon completion the building will offer carbon reducing solutions to tenants. Throughout the design period of One Centenary Way, supporting a sustainable future for the built environment and providing tenants with low-carbon solutions, were a key focus. Paradise is a landmark development for the people of Birmingham, and we look forward to continuing our ongoing work with all of our partners.”
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We have worked closely with CPP Investments on the delivery of the first phase of the project and are thrilled that they are investing in One Centenary Way, which will further add to Paradise’s credentials as a leading business destination in the U.K. “This deal is a vote of confidence in the city of Birmingham and Paradise specifically. Completion is expected for Q1 2023.Ĭhris Taylor, CEO of Real Estate at the international business of Federated Hermes and Chairman of MEPC, said: The site will deliver 286,000 square feet of office space in addition to ground floor retail and other public spaces. The joint venture will fund the development of One Centenary Way, a 13-storey mixed-use development. This transaction follows CPP Investments and Federated Hermes’ joint-venture funding of the first phase of Paradise, Birmingham which included the development of One and Two Chamberlain Square. 1 exterior circuit breaker (palm button).The international business of Federated Hermes on behalf of BT Pension Scheme (BTPS) and Canada Pension Plan Investment Board today announce they are to become joint-venture partners on the development of One Centenary Way at Paradise Birmingham, with CPP Investments committing approximately £56m. Automatic system: FERMOD 2380 or 2390 automatic system kit (2320 rail), or 2480 or 2490 kit (2420 rail) supplied with prewired control cabinet (220 V or 380 V - please stipulate at time of order). High-security cylinder for master key chart (European profile).
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Facing - 304 grade stainless steel facing 0.6 mm thick.Fitting on masonry (stainless steel frame).304 grade stainless steel frame, U profile, in 3 parts.Opening and closing stops fitted on delivery. FERMOD inner and outer handles fitted on delivery. Rail fixed on the panel by studs and composite counter-support. FERMOD sliding rail n☂320 (up to 80 kg) or n☂420 (up to 120 kg) providing a seal by pressing the joint against the frame (11).FERMOD lower sealing strip n☃350 (8) for 2420 rail. FERMOD lower sealing strip n☂50 (8) for 2320 rail. 304 grade stainless steel frame, U profile, in 3 parts (12).Polyester frame coloured grey or white (please stipulate at time of order)(2).Food grade polyester facing, colour white RAL 9010 (1).