LATEST PROPERTY NEWS
Discount retailers are set to scoop up a raft of former BHS department stores across the country.
The Homes and Communities Agency (HCA) has committed the first parcel of money from the government’s £2bn accelerated construction fund, backing housebuilder Hill’s plans to deliver 180 homes at a site in Chichester, West Sussex.
Kennedy Wilson Europe president Mary Ricks has said the company will focus on growing income and value in its four core markets after delivering 23% income growth in its annual results, released today.
Urban & Civic and the Secretary of State for Defence have submitted plans for the construction of up to 6,500 new homes at Waterbeach Barracks, in Cambridge.
Workspace Group has agreed a deal to acquire 13-17 Fitzroy Street, in London’s West End, for £98.5m.
Prologis and CBRE Global Investment Partners (CBRE GIP) have formed a new £1bn development venture in the UK.
Private rented sector (PRS) developers Aitch Group and HUB are both making a push into retirement living as they look to capitalise on undersupply in the sector.
UBS Asset Management has bought a 184-bedroom student accommodation development in Fulham, west London, from Imperial College London for £31.5m.
Shed developer DB Symmetry is set to embark on a speculative development push this year having grown the business rapidly since its formation two years ago.
Mulberry Property Developments has acquired a GlaxoSmithKline (GSK) research and development facility in Harlow, Essex.
Online shopping is helping Intu, rather than proving to be a hindrance, Matthew Roberts, chief financial officer at Intu told Property Week.
Montagu Evans has announced the appointment of Steven Dalton as a new partner in Scotland having poached him from his director role at GVA.
The word ‘disruptor’ characterised the whole playing career of former England rugby international back row Tim Rodber.
Property Week: Latest Issue
Property Week: Latest Supplement
The readers of Property Week have officially called on chancellor Philip Hammond to announce reforms to the punitive stamp duty regime in his Budget speech on 8 March.
The new draft rating list was published by the Valuation Office Agency (VOA) back in September, but it was only this week that it blew up into a political storm as letters dropped through people’s letterboxes spelling out the full implications.
The clamour of voices calling for urgent change to the business rates regime ahead of 1 April, when the new ratings list comes into effect, reached such a crescendo this week that it looks pretty nailed on that there will be some sort of announcement in the Budget on 8 March.
Millennials are a fascinating tribe for retailers and retail landlords. Born at the beginning of the tech revolution and now young adults at a time of great political and societal change, they are reshaping retail.
Retail & Leisure Spotlight
Cinema takings continue to climb, with healthy admissions and a wave of town centre boutique offerings planned.
Less than three months after London mayor Sadiq Khan unveiled radical changes to London’s viability system, developers are already feeling its impact.
There are just four weeks to go until the 2017 LandAid Mipim Tennis Classic and the good news is that it is well on track to serve up a record total for the property charity.
No initiative on president Donald Trump’s agenda matters more to the commercial property world than his stated intention to “do a big number” on Dodd-Frank Wall Street regulations.