LCR and Network Rail appoint agents to source residential opportunities
Savills has been appointed by LCR and Network Rail partnership to identify residential development opportunities around stations.
Crest Nicholson reports loss but remains positive
Crest Nicholson has reported a drop off in revenue and profit for its last financial year, but repaid Covid loans in the latter half as sales bounced back post-lockdown.
Harworth Group reports £33.6m of sales in Q4 2020
Harworth Group has reported a strong set of results for the final quarter of 2020.
Connells acquires Alchemy’s stake in Countrywide
Connells has acquired its rival bidders’ stake in Countrywide.
Home REIT increases portfolio to 500 properties with £70m of acquisitions
Home REIT has acquired 11 separate portfolios across England, bringing its total portfolio to just under 500 properties.
Investec loans Blue Coast Capital £24m for Richmond hospital redevelopment
Investec has loaned Blue Coast Capital £24m for the redevelopment of the former Richmond Royal Hospital into a residential scheme.
REDD hires ex-Grosvenor director
REDD has appointed Mark Tredwell, an ex-director of Grosvenor, as head of development.
‘You would think BTR was in the middle of a bull market’
Watkin Jones chief executive says the pandemic has been a ‘positive catalyst’ after summer pick-up in sales.
Aster Group secures £250m sustainability bond
Housing association Aster Group has priced its first £250m sustainability bond under the group’s new European Medium-Term Notes (EMTN) programme.
Galliard Homes subsidises stamp duty for extra six months
Galliard Homes will subsidise a six-month extension to the stamp duty tax across developments in London.
TfL’s Bollo Lane development gets go-ahead
A new development by Transport for London on Bollo Lane, Acton has been given the go-ahead by Ealing Council.
Richardson and Ask Real Estate secure £57m funding for Leeds BTR scheme
Richardson and Ask Real Estate have secured £57m in funding for the development of a new build-to-rent (BTR) scheme in Leeds city centre.
Countryside grows completions but order book dips
Housebuilding giant Countryside Properties completed 17% more homes in the first three months of its financial year.
New £17.5m deal for Hartpury University and College
Hartpury University and Hartpury College have entered into a £17.5m deal with Cityheart and a UK investment fund for a development in Gloucester city centre.
New national regulator set up for building materials
A national regulator has been set up to ensure the safety of building materials.
Retirement Villages Group sets 2030 net zero carbon target
Retirement Villages Group (RVG) has set out its new sustainability strategy, aiming to achieve net zero carbon by 2030.
Far East Consortium to deliver 800 homes with three social housing providers
Far East Consortium (FEC) has partnered with three housing associations to develop 800 affordable homes across the Red Bank neighbourhood of the Northern Gateway.
Barings forward funds two PBSA schemes for £43.8m
Barings has agreed to forward fund two purpose-built student accommodation (PBSA) assets in London and Manchester for £43.8m on behalf of a value-add investment strategy.
Manchester residential market in December hits decade high
Manchester’s residential market in December last year hit a record level of sales, according to estate agent Bentley Hurst.
U+I chief executive steps down amid £50m pre-tax loss
Regeneration developer U+I has announced the departure of its chief executive and chief financial officer as the firm grapples with a £25m trading loss for the six months to 30 September 2020.
