News analysis
Sunak’s rollback of net zero targets is ‘short-term thinking’
Industry experts have expressed anger at the government’s plans to delay its sustainability commitments.
‘Political football’ is helping to push housing up the agenda
Experts acknowledge political point-scoring on both sides but say the focus on housebuilding is positive.
Q&A with Wallacea Living's co-founders: ‘Retirement living is all about giving people purpose’
Wallacea Living’s co-founders Paul Morgan and Paul Coles discuss the firm’s upmarket approach to later living.
Research funding deal is boost for UK life sciences investment
Government aims to spur growth with four-year deal to rejoin the EU’s Horizon Europe research programme.
Q&A: Quadrant bets big on Canary Wharf with YY office
Partners Gethin and Harper discuss the firm’s newly completed YY building and Canary Wharf’s appeal.
Residential and development
Inland Homes appoints administrators as rescue plan fails
Housebuilder Inland Homes has lost its fight for survival and has confirmed it will enter administration.
Keepmoat acquires Nottingham regeneration site
Housebuilder Keepmoat has announced the acquisition of a regeneration site from Boots on Thane Road in Nottingham where it plans to deliver 604 new homes.
Weston Homes acquires £150m GDV Berkshire resi site
Developer Weston Homes has acquired a site for a residential development in Bracknell, Berkshire with a gross development value of £150m from property company S2 Estates, for an undisclosed price.
MJ Gleeson launches biodiversity strategy
Housebuilder MJ Gleeson today (28 September) announced a commitment to setting science-based carbon emission targets and to launch a new biodiversity strategy.
Places for People launches new land division
Places for People has announced the launch of a new strategic land division to support its plans to deliver 5,000 new homes per year by 2028.
Data
Commercial deals value drops 73% as office transactions decline
The total value of UK commercial property deals plunged 73% to £3.7bn over the past six months, from £13.7bn in the previous six-month period, research from Sirius Property Finance reveals.
Real estate total global value reaches $380trn
The value of all global real estate, including agricultural land, reached $379.7trn (£819,000m) in 2022, new research from Savills has found.
Student housing deals outstrip retail to hit record £8.7bn in 2022
UK student housing deal volumes reached a record £8.7bn last year, exceeding retail deals for the first time ever, according to research released by MSCI.
West End market ‘picking back up’ with £1bn under offer
Over £1bn of deals are under offer in the West End as the market shows signs of recovery, while office availability has exceeded £4bn to reach the highest volume this year to date.
Residential land values fall in Q2 but Savills sees positive signs
UK residential land values softened in Q2 2023, reflecting downward pressures on land values and wider challenges in the market, according to a report from Savills.