The 10 overseas companies which own the most properties in Birmingham
Here are the 10 overseas companies which own the most properties in Birmingham.
As the biggest UK city outside London, Birmingham is an attractive prospect for businesses and investors.
The city is home to hundreds of thousands of buildings, with 430,000 homes listed here according to latest data - and many of these owned by private individuals and Birmingham City Council owning around 59,000.
But among this huge number of properties there are more than 60,000 properties in Birmingham that are owned by businesses. And data produced by HM Land Registry shows that as of January 2023, of these 60,000 there were 1,104 properties in the city which were owned by companies based overseas.
These companies were based in 46 different countries and jurisdictions. The buildings, or land, which are owned by these companies include properties of any kind, including homes, offices, shops, factories, and hotels.
Comanies based in the UK own most of the properties in Birmingham - with 59,832 listed to British businesses. After the UK, companies based in Jersey own the greatest number of properties in Birmingham.
According to the data, Jersey-based firms owned 290 properties in Birmingham, with the purchase prices totalling at least £640 million - although the value is likely far higher as many records don’t state how much a property was bought for.
Companies in the British Virgin Islands own 194 properties, and had paid at least £115 million for them. Companies in the Isle of Man own 114 properties in Birmingham, having paid at least £99 million for them. A total of 110 properties in Birmingham are owned by companies based in Guernsey, with at least £106 million being paid for those properties.
And 36 properties in Birmingham are owned by companies in the British overseas territory of Gibraltar, with at least £15 million being paid for them.
With this in mind, we’ve had a closer look at the data to reveal the 10 companies that are registered overseas which own the most properties in Birmingham.
All images are from Google Street View