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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

Mizen Charlton Riverside Master Plan

Mizen wins new sites in Charlton and Finchley

22 February 2017

Mizen Group has acquired two new sites in Charlton and Finchley for a total of £43m which together will deliver 107 new residential units for completion in 2018, Property Week can reveal.

Ipswich Henley Gate

Green light for Crest Nicholson 1,100 home Henley Gate

22 February 2017

Crest Nicholson has had its proposal for a new 1,100 home neighbourhood in Ipswich approved by Suffolk County Council.

Ricky Poonia BNP PRE

BNP PRE appointed for Blackmore's residential investment debut

22 February 2017

Blackmore Group has appointed BNP Paribas Real Estate (BNPPRE) to be its main property adviser as it gears up to enter the residential investment and development sector for the first time.

Broad Street Reading

Corem completes on £20m prime retail acquistion

22 February 2017

Corem IM has completed its second UK purchase since launch, acquiring a multi-let retail block in Reading from Standard Life Pooled Property Pension Fund for £20m.

David Rothwell Development Manager Greystar

New development manager for Greystar

22 February 2017

Greystar has appointed David Rothwell in the newly created role of development manager within its multifamily and student development team.

LGIM Slate Yard

L&G appoints urbanbubble to deliver first BTR scheme

22 February 2017

LGIM Real Assets has appointed urbanbubble to deliver its first build-to-rent (BTR) scheme, The Slate Yard in Salford.

Signing house contract

Increase in long-term rentals to further boost BTR

17 February 2017

Four in 10 people who rent a home expect to be renting a property for up to a decade in a move which property consultant McBains Cooper expects to boost growth of the build-to-rent market.

Sim Chem House Inspired

Inspired targets Manchester for first time

16 February 2017

Inspired Asset Management will embark on its first residential development in the north of England with the acquisition of a former office building in Greater Manchester.

Coppetts Wood Catalyst

Green light for Catalyst at Coppetts Wood

14 February 2017

Catalyst’s planning application for an 80-home development on the site of the former Coppetts Wood Hospital has been approved by the London Borough of Haringey.

More residential stories

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RESIDENTIAL ANALYSIS

New build homes

Necessity could well prove the mother of invention

18 February 2017

The emphasis of last week’s housing white paper - more green than white in nature - was on consultation, with a helpful emphasis on multi-tenures and on a diverse and broadening array of players that can contribute. The industry now has a chance to help shape practical policy for the sector as a whole.

Housing development

Sector welcomes plan to allow sale of public land sites for less than best value

16 February 2017

Government plans to overhaul the rules governing the sale of public land would speed up land sales and encourage regeneration, experts say.

Construction

Cornwall delivers UK's highest new build rates

16 February 2017

Research produced exclusively for Property Week has revealed the areas of the country that have seen the highest levels of housebuilding since 2011 - as well as the areas that are least affordable for first-time buyers.

This week's vital residential stats

9.81%
Fall in house prices in Aberdeen, making it the worst place to invest in the UK in 2016, according to eMoov

£219,544
Average price of a property in the UK in December 2016, a rise of 7.2% year on year (source: Land Registry)

63%
Fall in landlord investment in buy-to-let properties year on year in Connells Survey & Valuation January data

£739m
Record first half revenue figures posted by Redrow, a 23% rise on the previous six months

£53.6bn
The total borrowed by first-time buyers to get on the housing ladder in 2016, a 13.5% rise on 2015 (source: CML)