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Property news and features from the current issue of Property Week.

Sadiq Khan new

Retirement developers launch legal challenge against mayor's planning guidance

17 November 2017

Four of the biggest retirement housing developers are mounting a legal challenge against the mayor of London’s new planning guidance on affordable housing.

The Amba Hotel, Oxford Street

Makeover for Mount Royal on the cards

17 November 2017

The Portman Estate and Great Portland Estates (GPE) have appointed architect Make to draw up plans for a huge mixed-use retail-led development on a two-acre site on the soon-to-be-pedestrianised western end of Oxford Street.

HM Land Registry

Offshore-registered firms own 87,500 UK properties

17 November 2017

Companies registered in ‘tax havens’ own more than 87,500 properties in England and Wales, analysis of HM Land Registry data by Property Week reveals.


Palmer Capital switches the focus of its flagship fund

17 November 2017

Palmer Capital has completed its strategic shift from growth to income-producing assets in its flagship Palmer Capital Income Fund.

Steve Norris

Steve Norris changes roles at BNP Paribas

17 November 2017

Steve Norris has stepped down as non-executive chairman of BNP Paribas Real Estate Advisory UK to take on the role of senior adviser.

Siemens, Hull

ABP launches £3.5bn arm to develop 21 major ports

17 November 2017

Associated British Ports (ABP), the UK’s leading port operator, has launched a £3.5bn property arm and will look to develop its 2,372-acre land bank held around major UK ports.

House in field

Crowdfunding start-up offers strategic land to private investors

17 November 2017

A new platform has been launched to allow private investors to invest in strategic land.

Philip Hammond

Stamp duty in the spotlight ahead of next week’s Budget

16 November 2017

As he faces renewed calls to rethink stamp duty in the final run-up to the Budget, chancellor Philip Hammond is said to be considering a range of options for the unpopular tax, including scrapping it entirely for first-time buyers.

Industrial unit, Ash Grove, West Sussex

Quarter of lots at next Allsop auction guided at £1m-plus

16 November 2017

More than a quarter of the lots offered by Allsop at its next commercial auction are guided at £1m or above.

Boat shed

Making an urban splash at Salford Boat Shed launch

16 November 2017

Messing about on boats is a pastime property folk usually indulge in in the sunnier climes of Cannes at Mipim.



Aberdeen Standard targets Blackstone's global No.1 spot

17 November 2017

Aberdeen Standard Investments is aiming to more than double its real estate assets under management to £100bn by 2025.

Soho on a map

Fabrix seeks £50m for second fund

17 November 2017

Fabrix Capital is looking to raise £50m for its second fund, which is being launched little more than a year after the company was founded.

Galliard Southall Honda site

Pluto Finance funds Galliard resi scheme

17 November 2017

Pluto Finance has advanced a £26m senior loan to Galliard Homes for the acquisition of the former Southall Honda car dealership and its redevelopment into housing.


London houses

A make-or-break Budget for the Tories

17 November 2017

This Budget really is make or break for the current Conservative government. What seems like an endless series of gaffes and mishaps has left it clinging to the rafters - with the small matter of Brexit still to deal with

Canary Wharf, London

When it comes to workspaces, the future's flexible

17 November 2017

Chaos theory states that “something as small as the flutter of a butterfly’s wing can ultimately cause a typhoon half way around the world”. Less dramatically put, one cause can have many effects.

'To Kill a Mockingbird' book title stairs

'Uncomfortable' Brexit issues must be faced head on

17 November 2017

I was amazed to read recently that a school district in Mississippi had removed To Kill a Mockingbird from its pupils’ reading list because the book was making children “uncomfortable”.

Autonomous cars

Driverless cars could transform cities for better and for worse

17 November 2017

There’s a lot of excitement about the future of driverless cars, or ‘autonomous vehicles’ to use the parlance preferred by the professionals.

Jessie Basra

Sexual harassment must not be swept under the carpet

17 November 2017

The laws prohibiting sexual harassment have been around for some time. However, the recent revelations about Harvey Weinstein and other public figures have focused the spotlight on this area of law again.

Generic family

The Generation Game approach to BTR can bolster the rented sector

16 November 2017

“So you rent? When will you buy a house?” I have been asked these questions countless times during my past four years living in London.

More leading takes on property

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Property Analysis

Acton Gardens, London

Q&A: Countryside MD on progress in Acton

18 November 2017

Countryside Properties and L&Q are well on their way to delivering the 2,500 homes planned for the Acton Gardens site in south Acton, west London.

Mark Bourgeois

Mark of success: Mark Bourgeois interview

17 November 2017

At a time of great uncertainty for the retail property market, Hammerson’s UK and Ireland managing director Mark Bourgeois reveals to Property Week how the retail landlord has managed to stay ahead of the pack.

Google, Toronto

Toronto: the city of androids

17 November 2017

Google has unveiled ambitious plans to transform Toronto into a smart city, complete with delivery robots and autonomous vehicles.

Auriens retirement homes, Chelsea, London

Senior living is about people not just profit

17 November 2017

Property Week’s second Retirement Living conference took place last week against a backdrop of growing investor interest in the sector.


New Garden Square, Edgbaston

Ambitious plans to transform Edgbaston are well under way

17 November 2017

At this time of year, when leaves are still falling from the tree-lined streets of Edgbaston, one of Birmingham’s most affluent districts, you would be forgiven for wondering if it needed regeneration.


Investors eye up Birmingham as the city heads for a ‘purple patch’

17 November 2017

SevenCapital was one of the first developers to start looking for sites in Birmingham after the financial crisis and continues to be one of the most active players in the market.

RadioStation Rugby scheme, Houlton

A brand-new mini town for Rugby is changing the West Midlands map

17 November 2017

Sajid Javid, secretary of state for communities and local government, took time out of his busy schedule to visit the RadioStation site on the outskirts of Rugby during a visit to the West Midlands last month.

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Professional & People

Travis Perkins, St Pancras

New PDR for light industrial won’t be a panacea for developers

17 November 2017

Last month, a new permitted development right (PDR) came into force that allows the change of use of a building from light industrial to residential. The right is temporary, lasting for three years from 1 October 2017.

Autonomous cars

Driverless cars could transform cities for better and for worse

17 November 2017

There’s a lot of excitement about the future of driverless cars, or ‘autonomous vehicles’ to use the parlance preferred by the professionals.

Blenheim Retirement Living Aitch

What needs to change to give retirement housing a boost?

17 November 2017

Jean-Claude Juncker famously once remarked: “We all know what to do; we just don’t know how to get re-elected after we’ve done it.”

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