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Online
Harworth profit rises as firm remains on track to hit £1bn NAV target
The group remains confident it can become a £1bn business by 2027.
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British Land and Royal London form £385m JV on west London science scheme
Firms launch 50:50 joint venture to develop a science and innovation building at 1 Triton Square in West London.
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Langham Estate promotes Pugh to CEO following £340m Lotus Portfolio sale
Pugh takes the helm following the sale of central London portfolio to Oval Real Estate.
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Frederick joins Impact Healthcare board as Hall retires
He has been appointed to the board of the REIT as an independent non-executive director.
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Homes England acquires Worthing site to deliver 250 homes
The acquisition forms part of the body’s plans to regenerate challenging brownfield areas.
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Vistry announces £34m affordable housing deal with Platform Housing
The funding will be used to support the delivery of 133 MMC homes in Rushden.
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Homes England and West Mids authority sign deal to boost housebuilding
Up to £400m has been earmarked through a devolution deal for affordable housing.
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Labour group claims second staircase policy ‘has gridlocked 38,000 London homes’
Data follows Vistry Group’s revelation that it spent more than £19m last year as a result of the new rules.
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BentallGreenOak takes second swing at rejected City scheme
Developer has lowered the height of the scheme following criticism from Historic England and Historic Royal Palaces
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Tri7 and Fusion get go-ahead for Leeds PBSA scheme
The student accommodation development will have more than 800 beds.
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Three Crowns to move to Helical and Ashby Capital’s The JJ Mack offices
The firm has signed a 15-year lease at the City office building
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Berkeley on track to report £550m pre-tax profit for year to end of April
Trading update confirms housebuilder expects to achieve £1.5bn three-year profit forecast by April 2026.
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John Lewis axes plans for housing to contribute 40% of profits
Last October the group announced it entered the BTR market and launched a management services business.
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CMA launches investigation into Barratt’s £2.5bn takeover of Redrow
The CMA may proactively contact companies and organisations active in the markets affected by the deal.
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Bruntwood SciTech gets go ahead for £250m revamp of Cambridgeshire life science park
The masterplan for the site includes nearly 400,000 sq ft of space and six new buildings.
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Empiric posts strong annual figures as NAV and rents rise
Revenue increased 10.3%, driven by a lift in rental income
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Profits tumble 63% at Savills during ‘challenging’ year
Property agent said higher interest rates, geopolitical unrest and uncertainty on offices hit profits in 2023.
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Vistry bucks housebuilder gloom with surge in profit and sales
Firm posted a 23.2% rise in profit and forecast higher completions in 2024 driven by strong demand.
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CMA probe releases hundreds more leaseholders from costly contract terms
More than 500 households to be freed from “problematic” ground rent terms.
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Home Builders Federation reports 20% fall in new home planning permissions
HBF reports new home planning permissions have fallen to lowest level since records began in 2006.