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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

Liberty Living Henley

Henley on brink of buying 1,500 student beds

24 March 2017

Private equity firm Henley is on the verge of snapping up a portfolio of more than 1,500 student beds from Liberty Living for more than £50m, Property Week can reveal.

CLS Attlee Court

CLS sells care homes to Croftwood for £25m

24 March 2017

CLS Care Services has sold its entire portfolio of 18 care homes, totalling 683 beds, to Croftwood Care (Cheshire) for around £25m.

Pocket Croydon

OakNorth finances Pocket Living’s 153 affordable homes in Croydon

24 March 2017

OakNorth has completed a £4m loan to Pocket Living, which has secured an unconditional land deal to develop 153 affordable homes in central Croydon.

Trafalgar Place Lendlease

Lendlease seeks investor for new £1bn BTR platform

23 March 2017

Lendlease is set to launch a £1bn build-to-rent (BTR) platform and is on the hunt for an investment partner.

M&G

M&G inks £71.4m PRS deal with Durkan

23 March 2017

M&G Real Estate and residential developer Durkan have signed a £71.4m deal to finance and build 206 new homes for rent in Ilford.

Fosset Farm Southend

PRS to be built into Fossetts Farm stadium

23 March 2017

The developer behind Southend United FC’s proposed new football ground will build homes for the rental market directly into the stadium, Property Week can reveal.

Pocket Croydon

Pocket wins Croydon site

23 March 2017

Residential developer Pocket Living is set to deliver its biggest scheme yet after buying a development site in Croydon.

Cole Waterhouse Old Trafford

Cole Waterhouse JV united on plans for £68m Old Trafford resi scheme

23 March 2017

Cole Waterhouse, the JV comprised of Real Estate Capital, Park Vale Capital and Lincoln Vale Florin, has revealed plans for a new £68m, 354-apartment scheme near Manchester United’s Old Trafford stadium.

Barnes_Hall Keele UPP

Green light for £160m UPP plans to boost Keele student accommodation

23 March 2017

UPP and Keele University’s proposals for £160m-worth of new student residences have been unanimously given the go-ahead by Newcastle-under-Lyme Borough Council.

More residential stories

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RESIDENTIAL ANALYSIS

Gavin Barwell MIPIM

Barwell says he'll stop making policy changes

23 March 2017

At this year’s Mipim, the usual throng of council leaders were joined by a larger-than-usual number of central government representatives.

Greystar

Why 1 May is a red-letter day for build-to-rent

23 March 2017

On 1 May, a 12-week Department for Communities and Local Government consultation on build-to-rent (BTR) closes.

Go Native serviced appartment

Customer focus essential to BTR

23 March 2017

I read with interest Barry Jessup’s piece last week on some of the challenges ahead in the nascent develop-to-rent sector.

This week's vital residential stats

11
Total mentions of the word ‘housing’ in the entire 2017 spring Budget (source: HM Treasury)

5.6%
Total rate of return for resi-led assets in 2016, second best among property investments in the IPD residential property index

£297,832
Average house price in England and Wales, up 0.6% on January, according to Your Move

1.8%
Quarterly rise in construction output in the period to the end of January 2017 (source: ONS)

€40.9m
Annual revenue for Irish housebuilder Cairn Homes in 2016, up €37.2m (£32.5m) from 2015