Development NewsAll the latest analysis and news and about major property developments.
Latest Development News
The property developer bringing a case against the Candy brothers has said he was unaware that Billy Allen was a convicted fraudster when he considered going into business with him, and took his claim to be a close friend of industry legend Sir Jack Petchey at “face value”.
NAMA has appointed agents to sell a prime residential development site in St John’s Wood in London.
Developer One Housing has secured an £85m financing deal with M&G that will enable it to build 1,450 homes, most of which will be for social and affordable rent.
CBRE has poached a Cushman & Wakefield equity partner to spearhead the expansion of its UK development and residential capital markets business.
UK regional cities witnessed a boom in construction activity last year with Birmingham leading the way with a 50% surge in office development.
Changes to rules governing residential development lending by smaller banks are set to increase developers’ funding costs and could hamper housebuilding in the UK.
Luton Borough Council has given its approval to a £300m plan to develop the 60.5-acre former Vauxhall Motors car plant site.
Housing association Your Housing Group, renewable energy company Welink and China’s state-owned China National Building Material Company (CNBM) have formed a joint venture which aims to develop 25,000 modular homes by 2022.
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.
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.