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UAE investor Aldar Properties in £230m deal to buy London Square
UAE-based real estate group Aldar Properties has completed the acquisition of UK residential developer London Square.
Michael Gove intervenes on Sadiq Khan’s rejection of the MSG Sphere in Stratford
Housing secretary Michael Gove has ordered a six week pause to determine whether he should have the final say on proposals for the MSG Sphere in Stratford, east London, after mayor of London Sadiq Khan rejected controversial plans for the Las Vegas-style entertainment venue.
Crystal Palace seeks £45m to kick off football stadium redevelopment
Premier League football club Crystal Palace is seeking to raise £45m to fund the redevelopment of its stadium in south east London, according to a report from Bloomberg.
Caddick greenlit for final 650-unit phase of Leeds PBSA scheme
Developer Caddick Group has secured planning permission to deliver the 651-unit final phase of its purpose-built student accommodation (PBSA) scheme in Leeds.
Allied Irish Bank to move offices to St Mary Axe
Allied Irish Bank (AIB) is to move to enlarged head office premises at 70 St Mary Axe in the City of London, also known as the ‘Can of Ham’, from its current site on Undershaft, as it seeks to support sustainability aims.
London Square buys £50m Kingston resi development site from NHS Property Services
Developer London Square has bought a residential development opportunity with a GDV of £50m in Kingston Upon Thames, south-west London from NHS Property Services (NHSPS).
HBD and Barnfield get greenlight for 800,000 sq ft Lancashire industrial scheme
Developers HBD and Barnfield Group have secured planning permission for an 800,000 sq ft logistics scheme in Preston, Lancashire.
Former Selfridges owner Signa Holdings files for insolvency
Signa Holdings, which recently sold its 50% stake in Selfridges, has filed for insolvency citing massive liquidity problems and higher interest expenses.
Adderstone Living’s North East housing scheme first to secure nutrient neutrality credits
Developer Adderstone Living has secured planning permission for an affordable housing scheme in County Durham, in what it claimed will be the first such development using Natural England’s nutrient neutrality credit system.
Ravelin Housing appoints Chinneck Shaw to manage its first BTR scheme in Portsmouth
Portsmouth City Council’s development company Ravelin Housing has appointed lettings and property management agency Chinneck Shaw to manage its first build-to-rent (BTR) scheme, Brewery House in Portsmouth.
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Has the promise of planning reform failed to materialise?
The UK’s planning crisis addressed in last week’s Autumn Statement has been criticised as ‘headline-grabbing’.
Local Space’s Josie Parsons on why councils bulk-buying homes could tackle homelessness
One of the biggest drains on local authorities’ squeezed budgets is paying for temporary accommodation for people who fall into homelessness, usually through no fault of their own. It is not, in east London where Local Space operates, a ‘lifestyle choice’.
Ofgem’s energy grid review to kick zombies out of the queue
Experts welcome regulator’s plan to make it quicker for schemes to connect to grid by culling unviable projects.
Q&A: Marcus Geddes on the evolution of central London
The WPA chair discusses how shifting trends in the retail and office sectors are shaping Westminster.
Croydon could be set to get the facelift it so desperately needs
The mayor of the largest London borough says it has ‘massive potential to become a world-class destination’.
Q&A: Valor’s senior vice-president on the firm’s investment intentions
Jeremy Achkar on why Valor is still targeting London and South East sheds despite challenging conditions.
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Expert comments
CBRE’s James Brandon on making generational diversity work in real estate
John Charcol’s Nick Mendes on the impact of inflationary pressure on the commercial market
Igloo’s Insiyah Khushnood on the power of town centre regeneration in the regions
Earls Court has an exciting future
Knight Frank’s Lisa Attenborough and Josephine Jones ask how debt can work in this ‘new normal’
Moorfield’s Sadie Malim on why fixing the student housing crisis means investing in HMOs too
Local Space’s Josie Parsons on why councils bulk-buying homes could tackle homelessness
CBRE’s James Brandon on making generational diversity work in real estate
John Charcol’s Nick Mendes on the impact of inflationary pressure on the commercial market
Igloo’s Insiyah Khushnood on the power of town centre regeneration in the regions
Earls Court has an exciting future
Knight Frank’s Lisa Attenborough and Josephine Jones ask how debt can work in this ‘new normal’
Moorfield’s Sadie Malim on why fixing the student housing crisis means investing in HMOs too
Local Space’s Josie Parsons on why councils bulk-buying homes could tackle homelessness