Housebuilder shares drop as housing market comes to a halt
Housebuilders and estate agents’ share prices have crashed after the government advised buyers and sellers to hold off on housing transactions.
Data reveals brightest London boroughs for BTR investment
Developers and investors looking to place a long-term bet on build-to-rent (BTR) in London should target Barking, Newham, Ealing, Greenwich and Hackney, according to exclusive research from BTR data provider Houzen.
Bellway profit falls as housebuilder as it closes down sites
House builder Bellway Homes has revealed a 7% fall in pre-tax profit for the six months to the end of January and has warned of “a period of substantial disruption” during the Covid-19 health crisis.
Unite cancels rent payments for students wishing to return to their families
Student accommodation giant Unite is set to take a hit of up to £125m by allowing students to forgo rent if they choose to return home for the remainder of the 2019/20 academic year.
McCarthy & Stone offers 300 homes to NHS staff and recovering elderly
Retirement home giant McCarthy & Stone has offered the Government 300 newly built apartments to house NHS staff and elderly patients recovering from Covid-19.
Covid-19: Taylor Wimpey closes construction site and cancels dividend
Taylor Wimpey has announced a raft of business decisions including the closure of its construction sites, because of the coronavirus outbreak.
Covid-19: Redrow warns of impact on house sales and cancels dividend
Housebuilder Redrow has warned its sales will be “seriously impaired” as a result of the Covid-19 outbreak and is cancelling its interim dividend to help mitigate the impact of the health crisis.
Galliard shuts down construction sites
London residential developer Galliard has shut down all of its construction sites, with the exception of important safety works. The developer said the decision will remove 2,500 construction workers from the London transport network and that the decision “would help ensure the health and safety of the company’s on site ...
Future Generation secures loan for Sheffield scheme
Future Generation has refinanced a £39m development loan that will partly fund construction of the third phase of a Sheffield student accommodation scheme.
Moda Living holds virtual fitness and wellbeing sessions for residents
Moda Living is using technology to uphold its commitment to the health and wellbeing of its residents while many of them self-isolate or practice social distancing.
Guild Living and Channel 4 professor launch research programme to influence retirement communities
Retirement living developer and operator Guild Living has launched a research partnership with University of Bath to shape the design of its later living communities.
New London housing targets fall short of true housing needs
London’s new housing targets do not reflect the capital’s true housing needs and, despite a rise in the number of planning consents, development will peak soon, suggests new data from Savills.
Covid-19: Government to ban evictions and introduce BTR landlord protections
The government is to ban evictions and introduce three-month mortgage payment holidays for landlords whose tenants are struggling to pay rent due to coronavirus.
Secure Trust Bank Real Estate Finance refinances £18m for QIP
Secure Trust Bank Real Estate Finance has refinanced a £18m facility for Q Investment Partners (QIP), on Straits Manor, a purpose built student accommodation complex in Sheffield.
PPR Estates given the green light for Old Kent Road redevelopment
PPR Estates has received the green light for the redevelopment of 840 Old Kent Road, Southwark.
Eutopia Homes’ £130m resi scheme greenlit
Eutopia Homes has secured planning for a £130m intergenerational resi scheme on a former Network Rail site in Exeter.
Attlee steps down as Empiric reveals strong annual figures
Student accommodation group Empiric has revealed a robust set of figures for last year with net asset value (NAV), profit and revenue all rising for the year.
Placefirst reveals plans for 350-unit resi development
Developer Placefirst has revealed plans for its first scheme in the Midlands, a 350-unit resi development in Wolverhampton.
Future Generation unveil plans for two student accommodation schemes
Student accommodation specialist Future Generation has unveiled two PBSA schemes and secured a £55m development facility from Maslow Capital.
UK government gives Purfleet-on-Thames regeneration a £75m boost
The regeneration of Purfleet-on-Thames town centre is getting an additional £75m boost from the UK government’s Housing Infrastructure Fund.
