Following the announcement that Andy Street has secured the Mayorship of the newly formed West Midlands Combined Authority, Jon Cookson, Head of Birmingham Office at global real estate advisor, Colliers International, comments:
“Andy Street’s exceptional business skills and proven ability to bring together a wide range of stakeholders uniquely qualifies him to lead the West Midlands. His experience will no doubt be a distinct advantage as a new economic strategy, tailored for the region, is developed. Infrastructure improvements that are already underway, are attracting investor interest to Birmingham and the West Midlands, with land values and prime rents expected to further rise. Andy has a substantial investment budget of some £8 billion, so we can expect that once plans are firmed up, the West Midlands will be in a position to make rapid progress on a local, national and international stage.
“As a West Midlands stakeholder ourselves, we look forward to working with Andy to push the agenda forward.”