News analysis
Housing market expected to calm down in H2 of 2021
While demand is likely to remain high, experts say price inflation will ‘level out’ once stamp duty holiday ends
Q&A: Riverstone boss on later-living outlook
Jason Leek assesses the challenges and the opportunities for the growing sector
All eyes on Aegon after Aviva winds up UK property fund
The decision to close vehicle ‘consistent with simplification strategy and focus on innovative, scalable solutions’.
Are housebuilders as guilty of land banking as critics claim?
Savills believes the issue is a lot more nuanced than the Local Government Association’s figures suggest.
Finance & Investment Forum: key predictions on recovery
Property Week event addresses shape of post-Covid recovery and the outlook for real estate debt markets
Residential and development
Unite sells £342m portfolio to London student accommodation JV
Unite Students has sold two of its London properties to its London Student Accommodation joint venture (LSAV) with investor GIC for £342m, in a deal reflecting a net initial yield of 4%.
Torsion Developments unveils new PBSA scheme in Leeds
Torsion Developments has revealed plans for a new PBSA scheme in Leeds.
ilke sells £44m of modular homes to Gresham House ReSI LP
Modular homebuilder ilke Homes has sold 153-factory built homes for £44m to Gresham House ReSI LP, a limited partnership investing in new-build shared ownership homes.
CBRE appoints head of residential property management
CBRE has appointed Lendlease asset manager John Coddington as the head of residential in its property management team.
Grace to leave Savills London resi role to launch consultancy
Savills’ head of London residential development Dominic Grace is to leave the business after almost four decades to set up his own consultancy, Property Week can reveal.
Data
How to protect your data in a post-pandemic world
Data security is always a challenge, for the property industry as much as anyone else.
Investors flocked to South East office market in first quarter
The South East office market saw an influx of investment in the first quarter of 2021 as £639m was deployed across 35 transactions, making it the second-busiest Q1 of the past five years, according to new data from Colliers.
Chains suffer more than independents as pub numbers sink
The pub industry suffered a wave of closures in the year to March – with chain pubs affected more than independents, according to new figures from the Local Data Company (LDC).
France boosts UK investment
French investors showed growing appetite for global real estate during 2020 despite uncertainty caused by Covid-19, investing €14bn (£12.01bn), up 13% on 2019, according to Savills’ French Cross Border Investment report.
Number of construction starts in Q1 87% down year on year
The total number of new construction starts in the first quarter of 2021 was 60% lower than in the first quarter of 2020 and 78% lower than in the first quarter of 2019, according to new data from Datscha.
