All Property Week articles in 12 May 2023
View all stories from this issue.
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InsightHarworth Group’s Lynda Shillaw on counting the cost of local plan delays
Wrexham is riding on a wave of celebration, having won promotion to the English Football League, but it may have also relegated economic development and housing delivery to the non-league after councillors voted by a slim majority not to adopt their own Local Development Plan (LDP).
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InsightCountryside Partnerships’ Verity MacMahon on why planning needs to keep up pace
The government’s latest proposals to reform the planning system are sparking controversy for a sector that has been turbulent for many years. Yet, despite the noise surrounding the need for reform, very little has really changed for decades.
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NewsUKREiiF: Urgent clarity needed for thresholds, timescales and monitoring to reach net zero
Experts have agreed that urgent clarity is needed on when minimum standards are going to come into force for environmental legislation as the net zero target edges nearer.
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NewsHoward de Walden adds three medical lettings to Harley Street Medical Area
Property management estate Howard de Walden has completed three medical signings for its Harley Street Medical Area with Cognacity, Orri and All Points North (APN) all coming on board.
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NewsRockwell plans 269-home luxury London riverside scheme
London-based mixed-use developer Rockwell has revealed plans for a 269-home luxury river-front development in Hammersmith & Fulham.
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NewsModa unveils plans for £41m Glasgow resi scheme
Single-family rental operator Casa by Moda, part of Moda Living, has unveiled plans for a new £41m residential neighbourhood in Glasgow.
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OnlineVistry expects profit boost at sales rate improves
Housebuilding giant Vistry has told investors its sales rate has continued to improve in the year to date as it pointed to a surge in full-year profit.
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OnlineTritax Eurobox targets €150m sales to reduce LTV
Continental warehouse groupTritax Eurobox is targeting at least €150m (£130.4m) of disposals to reduce its loan-to-value (LTV) ratio, it can be exclusively revealed.
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InsightPrestbury Investments’ Nick Leslau on the real estate battlefield
In the last 12 months, the already challenged real estate world has morphed, yet again, into a new battlefield of conflicting pressures, which have resulted in some of the fastest valuation write-downs in my near-four decades operating in the UK market. Is there a simple explanation?
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NewsEnglish Cities Fund secured as development partner for £250m Stockport regeneration scheme
Stockport Mayoral Development Corporation (MDC) has formed a £250m joint venture (JV) with The English Cities Fund (ECF) to deliver a major mixed-use neighbourhood regeneration project in Stockport comprising 1,200 homes.
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NewsThe Office Group president and co-founder to step down
Charlie Green, president and co-founder of The Office Group, has announced that he will step down from the role at the end of this month.
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NewsBruntwood SciTech unveils masterplan for Birmingham Innovation Quarter
Bruntwood SciTech has outlined its ambitious masterplan for a mix of commercial office space, residential hospitality and additional teaching and research facilities for the science and tech sector in a new innovation cluster in Birmingham.
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NewsPurplebricks to be sold to online rival Strike for just £1
Purplebricks, which was worth £1.4bn in 2017, announced today that it had agreed a sale to rival online estate agent Strike for just £1.
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NewsIJM Land partners with Network Rail for railway developments
Network Rail and Malaysian developer IJM Land have formed a partnership to explore opportunities on land close to rail assets.
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NewsIPUT gets green light for 64-acre logistics park
Irish property group IPUT Real Estate has secured planning permission for 795,000 sq ft of logistics space close to Dublin Airport.
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OnlineSavills hit by lowest transaction levels ‘for a decade’
Savills has revealed its global capital transaction volumes for the year to date are at the lowest levels in a decade.
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OnlineBritish Land posts £1bn annual loss as valuations slump 12%
British Land has posted a swing of almost £2bn from profit to loss as macroeconomic factors hit property values.
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OnlineSEGRO commits £2bn to net zero warehouse development in West Midlands
Industrial giant SEGRO has committed £2bn to a decade-long net zero warehouse development programme after becoming a strategic partner of the West Midlands Combined Authority (WMCA).
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InsightPocket’s Marc Vlessing on how an SME housebuilding renaissance can help fill the delivery vacuum
The longest and arguably most interventionist demand-side state-sponsored housing policy since the Right to Buy has come to a final end, bringing the curtain down on its 10th anniversary.
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NewsRenters’ Reform Bill may introduce new risks for tenants
Residential industry experts have warned that the Renters’ Reform Bill published today could result in private landlords selling their properties and may make it more difficult for low-income renters to secure tenancies.
