Woodbourne Group

Last updated
Woodbourne Group plc
Company type Private
Industry Real estate
Founded2019;6 years ago (2019)
Founder Tani Dulay
Headquarters
Birmingham
,
England
Area served
Birmingham
Key people
  • Tani Dulay (CEO)
Website woodbournegroup.com

Woodbourne Groupplc is a Birmingham, England-based commercial investment and real estate development firm formed in 2019 by chief executive Tani Dulay. [1] [2] [3] The company works in asset management and development for commercial real estate. [4]

History

Tani Dulay started the Curzon Wharf project in 2016, buying sections of the site from Nuffield College, Oxford and Downing. By 2019, Dulay had four adjacent sections. [5]

In 2019, Woodbourne acquired Mill Wharf from London-based Downing LLP for £5.5m. [6]

In 2022, the company launched Woodbourne Ventures, an early capital and pre-seed accelerator fund. [7]

In 2023, Woodbourne received approval to build the £360m Curzon Wharf scheme in Birmingham, the tallest tower in the city, [8] [9] along with apartments, student flats, and life sciences facilities. The project is set to be the world's first mixed-use net zero carbon ready development, [10] and the United Kingdom's first net-zero, carbon-neutral development. [11] At the time, Councillor Ian Ward of the Labour Party stated it would position Birmingham at the "forefront of green, sustainable development." [12] Andy Street, the Mayor of the West Midlands at the time, stated that "this is another significant milestone for Tani and his team at Woodbourne Group. It’s testament to their vision and hard work." [13]

In May 2023, at UK’s Real Estate Investment and Infrastructure Forum (UKREiif), Woodbourne Group was shortlisted for Net Zero Pioneer of the Year and Developer of the Year alongside Related Argent, the joint-venture between the developer behind Kings Cross Central and Related Companies, the developer of Hudson Yards 1 in Manhattan. [14]

In the House of Commons' 2023 Autumn Budget, presented by Chancellor of the Exchequer Jeremy Hunt, [15] Woodbourne was noted for its role in the West Midlands Investment Zone where Bruntwood SciTech and Woodbourne Group made a £70 million anchor investment in the Birmingham Knowledge Quarter, [16] further backed by over £5 million for digital platforms designed to support manufacturing growth. [17]

In September 2024, Woodbourne announced plans to build a £100m portfolio of self-storage facilities, beginning with a pound development in the West Midlands. [18] [19]

In February 2025, Woodbourne sold a commercial investment to S&P 500-listed investment trust Realty Income in a £6.5 million off-market deal. [20]

References

  1. ↑ Knowles, Kate (2023-04-28). "Plans for new £360m skyscraper scheme in Birmingham approved". BBC . ISSN   1473-4575 . Retrieved 2025-01-29.
  2. ↑ Young, Graham (2017-05-31). "Birmingham's most expensive house ever - all yours for £4m". Birmingham Mail . Retrieved 2025-01-29.
  3. ↑ Skipp, Paul (2025-02-12). "Woodbourne Group completes £6.5m Lidl deal with Realty income". BirminghamWorld . Retrieved 2025-02-12.
  4. ↑ "Woodbourne Group Enters U.K. Self-Storage Industry, Announces Development Pipeline". Inside Self Storage. Informa (which owns "insideselfstorage.com"). September 30, 2024. Retrieved 2025-01-29.
  5. ↑ Thame, David (August 8, 2021). "Karma, Building Skyscrapers And The Eternal" . Bisnow . Retrieved 2025-01-29.
  6. ↑ Robinson, Jon (2019-09-12). "Prominent building snapped up by investor". Insider Media . Retrieved 2025-01-29.
  7. ↑ Jones, Tamlyn (2022-07-22). "Woodbourne Group chief launches £1m fund to back Birmingham entrepreneurs". Business Live . Retrieved 2025-01-29.
  8. ↑ Knowles, Kate (2023-04-29). "Plans for Birmingham's tallest building on Curzon Wharf approved". BirminghamWorld . Retrieved 2025-01-29.
  9. ↑ Brock, Alexander (2023-04-30). "Six West Midlands developments set to transform the region". Birmingham Live . Retrieved 2025-01-29.
  10. ↑ Vernalls, Richard (March 13, 2021). "'World-first' carbon-neutral skyscraper plans to take Birmingham to new heights". The Independent . Greater London, England.
  11. ↑ Pritchard-Jones, Oliver (2022-01-08). "UK leading way with net-zero carbon development". Daily Express . Retrieved 2025-02-07.
  12. ↑ "New £360m skyscraper scheme in Birmingham 'to create 1,000 jobs'". BBC . 2021-03-15. Retrieved 2025-02-07.
  13. ↑ Beech, Adam (2024-02-08). "Step forward for £360m development - Insider Media". Insider Media . Retrieved 2025-02-08.
  14. ↑ Spencer, Nathan (2023-04-30). "UKREiiF Announces Shortlist for UKREiiF Festival of Achievement". UKREiiF. Retrieved 2025-02-08.
  15. ↑ "Autumn Statement 2023" (PDF). House of Commons of the United Kingdom . November 22, 2023. ISBN   978-1-5286-4572-0.
  16. ↑ Beech, Adam (2023-11-22). "New Investment Zones confirmed for the Midlands - Insider Media". Insider Media . Retrieved 2025-02-07.
  17. ↑ Cooper, Anna (2023-11-22). "Chancellor unveils new investment zone set to create 30,000 jobs by 2034". The Business Desk. Retrieved 2025-02-07.
  18. ↑ Grecenko, Evelina (March 30, 2024). "Woodbourne begins £100m self-storage portfolio build-out" . Estates Gazette . Retrieved 2025-01-29.
  19. ↑ Malhotra, Anandita (2024-09-03). "Birch joins Woodbourne Group as chief innovation officer" . Property Week . Retrieved 2025-01-29.
  20. ↑ Berrill, Lewis (2025-02-12). "Realty Income seals £6.5m deal for West Midlands Lidl supermarket". Property Week . Retrieved 2025-02-12.
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