189 homes approved for Hackney estate
Plans for a new infill development on the De Beauvoir Estate in Hackney, which will result in the construction of 189 new homes, have been approved.
RICS opens consultation on guidance for valuing flats with cladding
RICS has launched a consultation on new draft guidance to help lenders value blocks of flats requiring cladding remediation work.
SME developer BRiCS bags Chichester land for resi development
SME developer BRiCS Development has signed contracts with Hanbury Properties to purchase land in Chichester for a new residential development with a GDV of circa £7.5m, Property Week can reveal.
Retirement group Audley secures £59m loan from Silbury
Silbury Finance has provided retirement home developer Audley Group with a £59m investment loan, secured against four retirement villages located across Greater London and the Midlands.
Watkin Jones profit to be below forecasts despite strong second half performance
Watkin Jones has told investors that it delivered “a strong operational performance” in the second half of the year in an end of year trading update, but deal delays led to a warning that profit would be below market expectations.
Former Sainsbury boss Justin King joins Dexters as chairman
London estate agency Dexters has appointed former Sainsbury boss Justin King as chairman.
Stonebond appoints Davies as non-exec director
Kate Davies CBE has joined the board of housebuilder Stonebond as a non-executive director, following her departure from Notting Hill Genesis, where she was chief executive.
Host lands management deal for two Curlew Capital PBSA sites
Host Student Housing (Host), part of Irish property developer O’Flynn Group, has taken over management of two purpose-built student accommodation (PBSA) sites in Bath and London owned by developer and investor Curlew Capital.
Housebuilder stocks hit by market turmoil
A sharp fall in the share prices of leading housebuilders including Taylor Wimpey and Barratt Developments since Friday could precede an uncertain period ahead for the sector, say industry observers.
Investec Real Estate achieves £1bn PBSA lending milestone
The lender passed the £1bn mark after providing a £65m development loan to student digs specialist Scape.
Mitheridge and London Green reveal Lambeth mix-use plan
Real estate investor Mitheridge Capital Management and developer London Green have unveiled plans for a residential-led, mixed-use development in Lambeth, south London.
Springfield Properties puts pause on affordable-housing contracts
Scottish-based housebuilder Springfield Properties has suspended its affordable-housing contracts as it awaits clarification from the Scottish government about its rent-freeze policy.
Quintain raises £227m for build-to-rent development in Wembley
Quintain has secured a £227m financing deal to build 769 build-to-rent homes at Wembley Park in north London.
Dominvs wins approval for mixed-use Stratford student accommodation scheme
Dominvs Group has secured planning consent for its mixed-use purpose-built student accommodation scheme (PBSA) in Stratford, east London.
PRS REIT expects 11% growth in annual NAV
The PRS REIT has told investors that it expects an 11% rise in net asset value (NAV) ahead of its results for the year to the end of June.
JLL reveals house price growth along London Marathon route since 1996
In lead-up to the London Marathon on Sunday, JLL has analysed 26 years of house price growth along the 26-mile route.
Galliard kickstarts sale of apartments in TCRW Soho scheme
London property developer Galliard Homes has launched the first phase of the sale of apartments in its £140m TCRW Soho development in central London.
Alpha Real Capital raises €100m for European ground rents fund
Alpha Real Capital’s European Long Income Fund (ELIF) has reached the €100m (£89.4m) milestone in raised and deployed capital from institutional investors.
Revenue at Mortgage Advice Bureau rises in first-half
Mortgage Advice Bureau (MAB) has posted rises in revenue and profit for the first six months of its financial year to the end of June.
Westminster could seize oligarchs’ homes as war declared on ‘dirty money’
Westminster has launched a “war on dirty money” that could see homes in Belgravia, Knightsbridge and Mayfair seized and turned into affordable housing.
