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MIGRANT LIVELIHOODS Transaction Economies in Birmingham and Leicester Suzanne Hall, LSE Cities TLANG Network Assembly, Birmingham, May 2016 Manchester Leicester Birmingham Bristol Concentration and dispersal across by birth outside UK (ONS, 2011) (2011 ONS Metropolitan % Born Ethnic Census) Boroughs outside UK minority pop. London 8,416,535 41.6% 40.48% Birmingham 1,074,300 22.9% 36.74% Manchester 502,900 26.7% 30.07% (2,682,500) Bristol 442,500 14.7% 22.1% Leicester 333,800 33.6% 49.4% (Multiple Sources) Rookery Road to World, by Place of Origin (Super-diverse Streets 2015, Julia King) Narborough Road to World, by Place of Origin (Super-diverse Streets 2015, Julia King) Survey Summary (Super-diverse Streets 2015, Julia King) Rookery Road, Birmingham Rookery Road to World, by Place of Origin (Super-diverse Streets 2015, Julia King) Migrant Sedimentation Rana: My parents came to Birmingham from the Punjab in the 1960s. They were invited by the British Government. (Fieldwork Interview 2015) (Image: Billy Dosanjh, Black Country Echoes, http://www.blackcountryechoes.org.uk/) Gurdwara, Rookery Road (Image: https://plus.google.com/+GurdwaraBebeNanakiji/posts) (Image: http://www.independent.co.uk/news/uk/home-news/gurdwarasturnedfood-banks-sikh-temples- are-catering-for-rise-in-britains-hungry-8991824.html) Aasin: Since 2010, the funding is no longer there. ….programmes, which were free, have been outsourced to training and certifying agencies ... (Fieldwork interview, 2015). Rookery Road, Birmingham Narborough Road, Leicester Migrant Churn Jack: What’s really significant here is the churn – it’s a very, very transient population. (Fieldwork Interview 2015) (Image: https://www.google.co.uk/maps 2015) Narborough Road : Unit types and duration on street. Narborough Road : Diverse Units (Super-diverse Streets 2015, Julia King) Narborough Road : Diverse Units (Super-diverse Streets 2015, Julia King) Survey Summary (Super-diverse Streets 2015, Robin Finlay) SUPER-DIVERSE STREETS i) Migrant economies on the street combine multiple geographies and time frames of migration. ii) Civic resources incorporate a wide spectrum of memberships, including the cosmopolitan and local. Transactions range from proft making, to acts of care and counsel. iii) Streets in marginalised localities provide a partial promise to the newcomer, a space to obtain a foothold in the city. Footholds emerge through an incremental or bit-by-bit reconstruction of the urban, a space of precarity and creativity thank you .

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Leicester and Birmingham
Leicester and Birmingham Two purpose built freehold supermarket Investments let to Iceland with 11 years unexpired and a fixed rental uplift in 2025 and significant future development potential Two purpose built freehold supermarket Investments let to Iceland for 11 years Leicester and Birmingham unexpired with fixed uplifts in 2025 and significant future development potential The Opportunity n Two prime freehold supermarket investments in Leicester and Birmingham totalling 15,725 sq ft n Purpose built units constructed in Iceland’s iconic building design n Each property is located in popular residential areas close to the City Centre with significant future development potential (STC) n Fully let to Iceland Foods Limited for 11 years unbroken guaranteed by Iceland Topoco Limited until 2030 n Large cumulative site area of approximately 1 acre (0.4 ha) n Total passing rent of £184,476 pa with a guaranteed fixed uplift in 2025 to £208,718 pa n Opportunity to buy both properties together or on an individual basis n Offers to purchase both properties are sought in excess of £3,465,000 (Three Million Four Hundred and Sixty Five Thousand Pounds) subject to contract and exclusive of VAT. This reflects a blended net initial yield of 5% and a reversionary yield of 5.68% after allowing for purchaser’s costs of 6.50%. Summary Schedule Property Area Sq ft Area Sq m Rent £ psf 2025 rental uplift 197-201 Narborough Road, Leicester 7,046 654.58 £94,953 pa £13.57 £107,431 pa 577 Kingstanding Road, Birmingham 8,679 806 £89,523 pa £10.30 £101,287 pa Total
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