Berkeley Group profit drops 31% in H1
Berkeley Group’s profit dropped by almost a third in the first half of its financial year, in a climate of “unprecedented levels of uncertainty”.
Court Collaboration’s resi tower gets green light
Court Collaboration’s One Eastside Scheme has been given the green light by Birmingham City council.
Grainger funds Cardiff PRS scheme for £57m
Granger has announced that it will fund a 307-home PRS development at Capital Quarter in Cardiff.
Mace launches new modular construction method
Global construction firm Mace has launched a new type of modular construction that will be used by build-to-rent developer Get Living.
Landbay exits retail market to focus on institutional investment
Buy-to-let mortgage lender Landbay has exited the retail funding market in order to focus on institutional investment.
Rockwell teams up with Gateway Housing Association to provide affordable housing at Westferry scheme
Rockwell has partnered up with Gateway Housing Association to deliver its affordable housing at 82 West India Dock Road, Westferry, Property Week can reveal.
Mayor of London calls in £3bn Silvertown scheme
Sadiq Khan has called in the Greater London Authority and Keystone’s £3bn Thameside West scheme, after Newham Council denied it planning permission last month.
Moda Living gets green light for final Springside phase
Moda Living has been given the green light for the final phase of its Springside build-to-rent development in Edinburgh.
Planning for remediation work to create 1,500 homes at Festival Gardens to be submitted this week
Planning permission for remediation work that could pave the way for 1,500 eco-homes in Liverpool’s Festival Gardens will be submitted this week (6 December).
Proptech flatfair hires talent from Savills and Zoopla
Proptech startup flatfair has hired two former senior staff from Savills and online agent Zoopla to expand its business.
Coalition urges party leaders to cut VAT to unleash £1bn green housing revolution
A coalition of business groups and organisations from the property and construction sectors have urged the next UK government to cut VAT on homes maintenance and improvement works.
ASK Partners provides third loan to Montreaux
ASK Partners has provided an £11.05m loan facility to developer Montreaux for a mixed-use scheme in north London.
Barwood Capital secures five care home sites with partner Perseus Land & Development
Barwood Capital has acquired five care home sites, which should deliver more than £55m gross development value (GDV) and 347 beds, in partnership with Perseus Land & Developments.
St Modwen sells Swansea student scheme for £38m
St Modwen has sold its interests in a purpose-built student accommodation building at Swansea University Bay Campus for £38m.
LSL says it’s on track to hit expectations
LSL Property Services, the estate agency group, has revealed it is on track to deliver full year figures in line with expectations as it continues the restructuring of its network of branches.
LaSalle puts up £96m for Leeds BTR scheme
Loan for Apache and Moda’s New York Square is biggest BTR deal yet for LaSalle
Unite completes Liberty Living deal
Unite Group has completed its £1.4bn acquisition of Liberty Living Group.
Audley Group’s Surrey site gets green light
Audley Group’s Fairmile Lane site in Surrey has been given planning permission.
Urban & Civic reports 9.6% jump in NAV
Urban & Civic has reported a 9.6% jump in EPRA net asset value (NAV) thanks to progress preparing sites through the planning system and readying them for development.
NAV nudges up as rental income leaps at Grainger
Net asset value (NAV) at Grainger nudged up 1% in the year to the end of September, as rental growth helped fuel a 9% dividend hike.
