Flexible workspace to pump £12bn into UK over next decade
The increasing migration of flexible office space to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12bn to local economies in the next decade, according to a socio-economic study of second-city and suburban workspaces.
British Land NAV falls as losses rocket to £404m
British Land has suffered a 5.4% fall in net asset value (NAV) and plunging losses as the woes of the retail sector had a significant impact on the group’s half-year figures.
BrickVest enters administration
Online real estate investment platform BrickVest and several of its subsidiaries have gone into administration.
Workspace posts rise in NAV, but half-year profit dips
Workspace Group has posted a 2.7% rise in net asset value for the six months to the end of September as net rental income leapt 11% to £60.1m.
Taylor Wimpey expects to hit full-year targets
Taylor Wimpey has reported there was strong demand for its homes in the second half of the year, even as the market grapples with Brexit worries and rising costs.
Landsec to adopt Coyote Software proptech platform
UK property investment heavyweight Landsec will adopt proptech platform Coyote Software to streamline its acquisition and management of assets.
Core Capital acquires Eden Plaza in Ireland
Core Capital has acquired Eden Plaza in Sandyford, Ireland for €17m (£15m). It was purchased from investment group Sherman Capital and Ardstone Capital.
Crosslane Group moves into co-living with £355m pipeline
Student accommodation developer Crosslane Group is to enter the co-living market, with a pipeline of more than 1,700 units at a value of £355m.
Principal launches €800m long income European fund
Principal Real Estate Europe has launched its first dedicated long income focused European real estate fund.
ID Manchester shortlists six development and investment partners
The University of Manchester has narrowed its search for a development and investment partner for its £1.5bn ID Manchester scheme to six parties.
Flexible workspace to pump £12bn into UK over next decade
The increasing migration of flexible office space to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12bn to local economies in the next decade, according to a socio-economic study of second-city and suburban workspaces.
British Land NAV falls as losses rocket to £404m
British Land has suffered a 5.4% fall in net asset value (NAV) and plunging losses as the woes of the retail sector had a significant impact on the group’s half-year figures.
Workspace posts rise in NAV, but half-year profit dips
Workspace Group has posted a 2.7% rise in net asset value for the six months to the end of September as net rental income leapt 11% to £60.1m.
Industry hopes election will end uncertainty over Brexit
Hung parliament seen as worst result for business planning and investment – but also most likely outcome
Shared victory for social housing
For property people, it doesn’t get much better than winning the Stirling Prize. It’s the new-building equivalent of the Booker Prize for literature or the Turner Prize for art. Past winners have included the glitzy and glamorous – perhaps none more so than last year’s £1.3bn Foster-designed Bloomberg HQ.
Co-living market looks set for transformational growth
Report suggests rising investor interest is likely to drive step change in co-living development in coming years
Key deal helps Ebbsfleet set sail
Purchase of site will pave way for commercial heart of 9m sq ft garden city.
Affordable homes shortage threatens Guildford’s growth
Residents risk being priced out.
Ilke’s Bench on plans for £30m MMC growth
Firm set to open second factory after landing £30m government investment
