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Residential and Development

Residential property news and features and all the latest news on major property developments.
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Latest Residential and Development News

Platform_'s Bedford scheme

Platform_ picks Sheffield for first new-build development

28 April 2017

Private rented sector developer Platform_ is set to deliver its first new-build scheme after buying a Sheffield city centre site for a 300-unit, £75m project, Property Week can reveal.

Chris Lacey Consultancy

Chris Lacey sets up 'bespoke' resi capital markets business

27 April 2017

CBRE’s former executive director of residential and head of residential capital markets Chris Lacey has launched his own advisory firm dedicated to residential capital markets.

Avitus scheme Nottingham 2

Green light for £150m Avitus scheme

27 April 2017

Maryland Securities’ residential-led scheme to transform a three-acre former lace factory in Nottingham has been given the go-ahead from councillors.

Peter Redfern

Taylor Wimpey sets aside £130m after leasehold review

27 April 2017

Taylor Wimpey has set aside £130m to tackle the problem of home buyers who have been saddled with leases which are subject to ten year doubling ground rents.

Lee Layton CBRe

C&W poaches Carter Jonas's Layton to boost resi research

27 April 2017

Cushman & Wakefield has appointed Lee Layton to a residential research role in its London Markets team.

Ipswich Winerack

Funds finally flow in for Ipswich Winerack development

25 April 2017

The stalled development of the ‘Winerack’ building on Ipswich waterfront is set to restart after a combined £20m investment from the Homes and Communities Agency (HCA) and New Anglia Local Enterprise Partnership.

Jonathan Goode Student Property at Knight Frank

Knight Frank bolsters student property team with Goode hire

25 April 2017

Knight Frank has appointed Jonathan Goode to its student accommodation valuations team.

Timothy Kenny

Kenny joins Cairn Homes as CFO

25 April 2017

Cairn Homes has appointed Timothy Kenny as chief financial officer and director.

Eerie Basin Moorfield Glenbrook

JV completes £50m Erie Basin acquisition for BTR

24 April 2017

Moorfield and Glenbrook have received the green light to begin work on the last undeveloped site overlooking Erie Basin in Salford Quays after completing the acquisition of the site from Peel ready to build 270 new homes.

More residential stories

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RESIDENTIAL ANALYSIS

Fish Island Village, Hackney Wick

Hill defies tough year with bumper results

28 April 2017

Last year was a tough one for housebuilders. The Brexit vote sent the share prices of the big listed companies tumbling, and many held off on land acquisitions because of the market uncertainty, particularly in central London.

Meridian Water Masterplan north

Regeneration of Meridian Water starts to take shape

27 April 2017

The regeneration of Meridian Water in Enfield, north London, has been a long time coming. It has been seven years since Enfield Council first started assessing the site and four years since it drew up its masterplan for the area, which sets out proposals for 10,000 homes, making Meridian Water one of London’s largest development projects.

Craig McWilliam

The man with a 20-year plan: Craig McWilliam interview

27 April 2017

Grosvenor Britain & Ireland’s chief executive Craig McWilliam is looking to inject some hustle and bustle into genteel Mayfair and Belgravia. In his first interview since taking the role, he explains how.

Battersea Power Station

Are green shoots appearing in prime London resi market?

21 April 2017

London’s beleaguered prime residential market appears to be showing the first tentative signs of recovery.

This week's vital residential stats

£505,000
Forecast average UK house price in 2021, up more than 10% on current levels, according to BNP Paribas RE

8.4%
Year-on-year house price growth in both Edinburgh and Glasgow in the latest Your Move Scotland House Price Index

270
New homes for rent planned for Erie Basin in Salford Quays after Moorfield completed its acquisition of the site

£1.6m
Average house price in St James’s, the most expensive borough on Sunday’s London Marathon route (source: eMoov)

£636,777
The average house price in London, down 1.5% on last year (source: Rightmove)