Candy eyes bid for Capco
Residential property tycoon Nick Candy has confirmed he has joined forces with Saudi Aradia’s Public Investment Fund to launch a bid for Earls Court and Covent Garden owner Capital & Counties (Capco).
L&G appoints Capco director as it prepares for £750m affordable homes push
Legal & General Affordable Homes is to pump £750m into new affordable housing projects across the UK, increasing its development pipeline to nearly 3,500 homes, across 41 schemes.
REDD snaps up 7 Charles Street and secures planning permission for £10m duplex
Monaco-based residential developer REDD has acquired 7 Charles Street in Mayfair and obtained planning permission to create a new £10m duplex residence as it continues to execute its luxury residential plan.
Quintain names James Saunders as Angus Dodd’s successor
Quintain, the developer behind Wembley Park, has appointed James Saunders as its chief executive replacing Angus Dodd.
Three Kevin McCloud firms fall into liquidation
Three of Grand Designs presenter Kevin McCloud’s firms have collapsed and liquidators have been appointed.
Pidgley sells £42m stake in Berkeley
Berkeley Group chairman Tony Pidgley has sold a stake worth £42m in the housebuilder.
Maslow funds resi skyscrapers in Manchester
Maslow Capital has agreed a £123m loan to provide Renaker funds to develop two residential towers in Manchester.
Gresham House resi and infrastructure fund raises £200m
Gresham House, the alternative asset manager, has raised £200m for its British Strategic Investment Fund.
Bellway posts annual profit rise, but warns on falling margins
Housebuilder Bellway has reported a rise in profit as it sold a record number of homes for the year.
The Collective targets £650m fundraising to build £1bn co-living portfolio
Co-living group The Collective and DTZ Investors have launched the world’s first fund to buy and build communal housing in London.
Edinburgh gives permission for 394-bed student accommodation
Planning permission has been granted to a new 394 bedroom student residence in Edinburgh’s west end near Murrayfield Stadium.
First stage of £1bn Havering housing plan gets go ahead
Plans for the first stage of a £1bn housing regeneration in east London have been green lit, but remain subject to the mayor of London’s approval.
Invesco in £4bn residential push
Invesco Real Estate is gearing up to double the size of its European residential portfolio to £4bn over the next five years.
Meadow Partners wins planning for Tolworth Tower scheme
Meadow Partners has received planning permission from Kingston Council for the 261-flat Tolworth Tower build-to-rent scheme.
Sigma enters London BTR market
Sigma Capital is set to make its first build-to-rent foray into London following the acquisition of two development sites in Havering and Barking.
QIP and HG Developments make student accommodation debut with £30m purchase
Singapore’s QIP and HG Developments have made their debut in the student accommodation sector with their first joint acquisition in Edinburgh.
U+I unveil plans for 1,500 homes in Greenwich
U+I has revealed its plans for a mixed-use scheme on Greenwich Peninsula, which will offer 1,500 homes and six acres of landscaped parks and public space.
Countrywide appoints Tesco director as COO
Countrywide has poached Tesco executive Bruce Marsh to become its chief operating officer as the troubled estate agency group continues to battle against a shrinking house sale market and Brexit concerns.
Student portfolio values nudge up at Unite
Student accommodation giant Unite Group has revealed the quarterly valuations of its two portfolios both nudged higher during the three months to the end of September.
Mapletree buys two Unite schemes in Coventry
Unite Students has sold two blocks in Coventry, comprising 1,127 beds, to Mapletree Investments for £96m.
