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Sandstone targets institutional investors with resi REIT launch
Investment management firm Sandstone has launched a residential REIT that will invest in properties aimed at students living in the centre of regional UK towns and cities.
Knight Frank names Birmingham New Homes lead
Knight Frank has appointed Liam Smith as a partner and unit head.
Planning approval granted for further 154 homes at Rochester Riverside
Mixed-tenure developer Countryside and housing association Hyde have had their planning application approved for a further 154 homes at Rochester Riverside in Medway.
BNPPRE recruits Screen as head of residential capital markets
BNP Paribas Real Estate (BNPPRE) has appointed Andrew Screen as head of residential capital markets.
Vistry expects annual profit to surge
Housebuilder Vistry Group has told investors it expects annual profit to be at the top end of market expectations ahead of its annual general meeting on Wednesday.
Nearly 9,000 mid-rise buildings in England affected by ‘life threatening fire risks’
Between 6,220 and 8,890 of mid-rise residential buildings in England require work to fix “life-threatening fire risks”, according to a pilot study from the Department for Levelling Up, Housing and Communities (DLUHC).
Green light for 307-home modular development at Burgess Hill
Places for People and ilke Homes have been given the green light to deliver 307 homes at Burgess Hill in Mid Sussex.
Moda Living hands energy data to residents
Moda Living has launched a new data-led proptech platform to modernise the way residents interact with their energy consumption in order to boost ESG performance and reduce the cost of living.
EQT Exeter to acquire six PBSA assets
EQT Exeter is to acquire six student accommodation assets located across the UK via two transactions with Watkin Jones and Tide Construction.
Home REIT seeks £150m from share placing
Home REIT, the group that provides accommodation for homeless people, is seeking to raise £150m for new investments.
Office to resi conversions jump 24% on last year
The number of office buildings approved for conversion into residential housing has increased by 24% from last year.
Wain Estates puts North West industrial estate on market
Carrington Gateway, which consists of six units offering a total of 211,283 sq ft across 16 acres, has been put on the market by Wain Estates.
Urban Splash’s modular housing JV enters administration
The modular housing joint venture (JV) set up between Urban Splash, Japanese firm Sekisui House UK and Homes England has entered administration.
Knight Frank tips resi investment set to hit record £16.2bn this year
Investment in the residential market is expected hit a record £16.5bn in 2022, a sharp side rise on the £10.2bn invested into the asset class last year, according to Knight Frank.
Allison Homes appoints Sheridan as non-exec
Housebuilder Allison Homes has brought in Dave Sheridan, executive chairman of ilke Homes and former CEO of Keepmoat, as a non-executive director.
Berkeley Group among winners at Property Week’s RESI Awards
Berkeley Group and Taylor Wimpey’s new chief executive, Jennie Daly, were among the winners last night at Property Week’s RESI Awards.
Octopus Real Estate enters affordable housing market
Real estate lender and investor Octopus Real Estate is to start offering finance to the affordable housing market.
Taylor Wimpey to level 148-flat Hackney Wick scheme after fault discovered
Taylor Wimpey is preparing to demolish a half-built development of 148 flats in east London upon the discovery of a potential structural issue, reports suggest.
Heimstaden names Kumar head of UK division
Heimstaden has appointed Amit Kumar as head of the company’s UK operations.
Vistry lands £128m contract to develop Legal & General Wandsworth homes
Vistry Partnerships has secured a £128m contract from LGIM Real Assets (Legal & General) to construct 480 new homes on a former Homebase site in Wandsworth, south-west London.
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