Empiric Student cost-cutting drive boosts earnings
Empiric Student Properties has reported strong growth in earnings thanks to rental growth, higher occupancy and a cost-cutting drive.
GCP bullish on student outlook as NAV rises 6%
GCP Student remains bullish on the outlook for student accommodation, despite Brexit, as it reports a 5.9% rise to 157.93p in its NAV per share in its half-year results.
Placefirst reveals plans for £27.5m build-to-rent scheme in Bolton
Build-to-rent developer Placefirst has revealed plans for a mixed-use in Bolton as part of a wider regeneration of the town centre.
FirstPort acquires Barratt London’s property management arm
FirstPort has acquired Barratt Residential Asset Management (BRAM), Barratt London’s property management company
Essex regeneration scheme receives £30m Homes England funding
Swan Housing Association has received £30m of Homes England funding for its redevelopment of the Craylands Estate and Laindon Shopping Centre in Basildon, Essex.
£70m Sale Town regeneration approved
Trafford Council has approved Maloneview’s £70m regeneration plans for The Square Shopping centre in Sale, Manchester.
Patrizia secures planning on Edgbaston BTR scheme
Patrizia Immobilien has received planning permission for its new ‘Edgbaston Residences’ build-to-rent (BTR) scheme.
Project Etopia opens modular housing factory
Modular ‘smart home’ developer Project Etopia has opened a factory in Cheshire that can produce up to 2,000 homes per year.
Westfield set for £670m PRS scheme
Unibail-Rodamco-Westfield has joined forces with Canada’s PSP Investments and QuadReal Property Group to build one of London’s largest private rented sector (PRS) schemes next to the Westfield shopping centre in Stratford.
Drum and Stamford acquire Candleriggs site
Drum Property Group and Stamford Property Investments have acquired the Candleriggs Quarter development site in Glasgow from Inhabit.
Berkeley sticks by profit guidance
Berkeley Group has stuck by its profit forecast for the next two years despite “the current uncertain and volatile operating environment”.
Urban Splash dives into PRS with new residential fund
New venture has raised £20m from high-net-worth individuals to acquire properties for private rent
CrowdProperty secures up to £100m institutional backing
Property peer-to-peer lender CrowdProperty has received the backing of “a major financial institution” to lend up to £100m over the coming 12-24 months.
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Old Oak gets £250m government funding
The Old Oak and Park Royal Development Corporation (OPDC) has been awarded £250m from the government’s Housing Infrastructure Fund to kick-start development on the West London site.
Aviva and Galliard gain permission for £600m mixed-use Old Kent Road scheme
Aviva Investors and Galliard Homes have gained planning permission from for their proposals to regenerate the Cantium Retail Park into a new £600m mixed-use destination on the Old Kent Road in south London.
Chancellor unveils £3bn Affordable Homes scheme in the Spring Statement
Chancellor Phillip Hammond has announced a new £3bn Affordable Homes Guarantee Scheme to support the delivery of around 30,000 new affordable homes.
Waltham Forest Council unveils Town Hall Campus plans
Waltham Forest Council has launched its vision for a new neighbourhood which will deliver 450 homes and a new Town Hall Campus.
Mipim 2019: Birmingham to launch partner search for Ladywood regeneration this month
Birmingham City Council will launch its search for investment and development partners to deliver a major housing-led regeneration of the Ladywood area this month, it has announced.
HUB and Bridges get green light for Wembley Link phase 2
HUB and Bridges have received permission from Brent Council for the second phase of their residential-led Wembley Link redevelopment.
Weston acquires £85m Laundry Factory scheme from Fairview
Weston Homes has acquired the £85m Watford Laundry Factory development from Fairview New Homes.
