Residential and DevelopmentResidential property news and features and all the latest news on major property developments.
Latest Residential and Development News
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 Care Services has sold its entire portfolio of 18 care homes, totalling 683 beds, to Croftwood Care (Cheshire) for around £25m.
OakNorth has completed a £4m loan to Pocket Living, which has secured an unconditional land deal to develop 153 affordable homes in central Croydon.
Lendlease is set to launch a £1bn build-to-rent (BTR) platform and is on the hunt for an investment partner.
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.
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.
Residential developer Pocket Living is set to deliver its biggest scheme yet after buying a development site in Croydon.
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.
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.
At this year’s Mipim, the usual throng of council leaders were joined by a larger-than-usual number of central government representatives.
On 1 May, a 12-week Department for Communities and Local Government consultation on build-to-rent (BTR) closes.
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
Total mentions of the word ‘housing’ in the entire 2017 spring Budget (source: HM Treasury)
Total rate of return for resi-led assets in 2016, second best among property investments in the IPD residential property index
Average house price in England and Wales, up 0.6% on January, according to Your Move
Quarterly rise in construction output in the period to the end of January 2017 (source: ONS)
Annual revenue for Irish housebuilder Cairn Homes in 2016, up €37.2m (£32.5m) from 2015