All Property Week articles in 17 March 2023 – Page 4
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News
Property Week Digital Edition - 17 March 2023
Spring Budget failure to cut business rates seen as ‘disappointing’; RICS board chair Martin Samworth on why he took on the tough role of putting the organisation back on track in the wake of its governance scandal; Supreme Court’s quashing of planning permission in Shrewsbury could set precedent for community ...
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Insight
Logistics sector outlook
Last month, delegates at the sixth annual Logistics Spotlight Event hosted by event partners Tritax Symmetry, Savills, Analytiqa and Property Week met to discuss the sector’s ambitious ESG goals, rising costs and political uncertainty.
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News
Agent P: Return from MIPIM
Thursday 16th 22.00hrs: Nice Airport, International lounge, Eyes fixed on floor. Please, let no one speak, like EVER AGAIN. I’m tired and I wanna go to bed. My fellow refugees from The Bunker feel the same, judging by their hangdog expressions. We’ve all had our fill of small talk and ...
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News
Post-Covid house price rises tipped to be wiped out in 2023
A nominal price decline of up to 7% is expected for residential property in 2023, wiping out most of post-Covid-19 rise in values, according to Fitch Ratings’ report ‘Credit Perspectives on the UK Housing Market: Solid Foundations or Cracks Emerging?’
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News
This week in…2018
Toys R Us was forced to close all 106 of its UK stores, after administrators failed to find a buyer for the retailer after six weeks.
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News
IWG adds employee perks for workspace users
Flexible workspace provider IWG aims to broaden the range of services it offers as it expands from the provision of space to the provision of services, chief executive Mark Dixon told Property Week at Mipim in Cannes.
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Online
Purplebricks reveals takeover interest from Strike, but says pair not currently in talks
Purplebricks has told investors that it has held takeover talks with rival online estate agency group agency Strike, but that the firm is not currently involved in the “formal sale process”.
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Professional
Leasehold reform is a tall order
Housing secretary Michael Gove recently announced the government’s intention to abolish the “outdated feudal” leasehold system of residential property ownership on the basis that it is “unfair”. He declared: “In crude terms, if you buy a flat, that should be yours.”
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Professional
Providers must unite on housing
There is an opportunity right now to end homelessness while still being able to run a profitable business.
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Insight
Good data is key to decarbonisation
Reading your story on the British Property Federation and JLL’s Towards Net Zero report, it’s clear the industry wants to deliver on climate goals, but this is currently reliant on individual efforts. More government incentivisation and greater regulation are needed to accelerate change.
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News
CMA probe into housebuilders threatens to disrupt industry
Regulator may propose competition test for housing sites or forced sales to level playing field for small developers.
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News
Q&A: Oblix Living founder on filling a niche in the BTR market
Chief executive Rishi Passi says being a newcomer to the sector adds challenges at an already difficult time.
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Markets
BTR on the rise in the South East
With stock low and demand high, opportunity is knocking for BTR developers.
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Professional
Improvements to the planning system will boost housing delivery
Last week, the Competition and Markets Authority (CMA) launched a market study into the housebuilding sector – how it functions, how well it performs for consumers and other stakeholders, and how it might work better. This includes concerns that housebuilders are not delivering homes at sufficient speed.
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Professional
Prevention is better than cure when mitigating risks of RAAC
A recent NHS England advice note on reinforced autoclaved aerated concrete (RAAC) and its potential impact on the delivery of primary care services has brought the issue back into the spotlight.
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Insight
Peter Bill on planner gains and competition authority pain
Should planning consultants get overage? An essentially moral question, one which came up when confronted with the slightly shocking news two weeks ago that a few in the profession are so confident in their warm relationship with Local Planning Authority officers that they boast of being able to get more ...
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News
Historic Birmingham social club leads Bond Wolfe March auction
A former social club in south Birmingham will be one of the standout lots in Bond Wolfe’s 30 March auction, alongside a range of residential, commercial and investment properties.
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News
Midland student properties lead latest Savills auction
A student accommodation investment lot in Leicester comprising 15 six-bedroom houses is set to lead Savills’ next auction on 28 March.
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Professional
Shropshire decision may pave way for public space appeals
Supreme Court judgment may provide blueprint for other communities looking to protect recreational space.