CASE STUDY
TNT BIRMINGHAM HUB COMPULSORY PURCHASE & RELOCATION TO PURPOSE BUILT FACILITY
ACQUISITIONS:
Objectives:
To secure the relocation of Birmingham Hub in advance of HS2 Compulsory purchase powers
To maximise compensation payments
To negotiate a back-to-back Development Agreement for relocation to a new purpose-built facility
Outcomes:
Negotiated an Advance Purchase of existing facility by HS2
Secured a compensation payment of £13.5m
Compensation secured on a full and final basis
Prime relocation site identified within required radius
Negotiated development agreement
Enables seamless relocation and business continuity
Savings Achieved: TBC
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