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Digital Edition

PW cover 01122023 index

Property Week Digital Edition – 1 December 2023

2023-12-01T00:00:00+00:00

Why Barratt is betting on use of timber to accelerate its MMC housebuilding operations and net zero strategy - Tide Construction chair John Fleming on its future plans after completing Europe’s largest modular resi tower - Industry fears govt reforms intended to speed up planning will instead create two-tier system

All the content from the latest issue of Property Week

PW cover 01122023 index

Property Week Digital Edition – 1 December 2023

Why Barratt is betting on use of timber to accelerate its MMC housebuilding operations and net zero strategy - Tide Construction chair John Fleming on its future plans after completing Europe’s largest modular resi tower - Industry fears govt reforms intended to speed up planning will instead create two-tier system

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Caddick greenlit for final 650-unit phase of Leeds PBSA scheme

Developer Caddick Group has secured planning permission to deliver the 651-unit final phase of its purpose-built student accommodation (PBSA) scheme in Leeds.

70 st mary axe

Allied Irish Bank to move offices to St Mary Axe

Allied Irish Bank (AIB) is to move to enlarged head office premises at 70 St Mary Axe in the City of London, also known as the ‘Can of Ham’, from its current site on Undershaft, as it seeks to support sustainability aims.

Nineyards Kingston_Image 1_CGI

London Square buys £50m Kingston resi development site from NHS Property Services

Developer London Square has bought a residential development opportunity with a GDV of £50m in Kingston Upon Thames, south-west London from NHS Property Services (NHSPS).

Warehouse generic

HBD and Barnfield get greenlight for 800,000 sq ft Lancashire industrial scheme

Developers HBD and Barnfield Group have secured planning permission for an 800,000 sq ft logistics scheme in Preston, Lancashire.

Selfridges-Oxford-Street-shutterstock_347661014-andersphoto-PW220422

Former Selfridges owner Signa Holdings files for insolvency

Signa Holdings, which recently sold its 50% stake in Selfridges, has filed for insolvency citing massive liquidity problems and higher interest expenses.

RES900-BHA-ST-XX-DR-A-1300 - Section A-A

Adderstone Living’s North East housing scheme first to secure nutrient neutrality credits

Developer Adderstone Living has secured planning permission for an affordable housing scheme in County Durham, in what it claimed will be the first such development using Natural England’s nutrient neutrality credit system.

brewery1

Ravelin Housing appoints Chinneck Shaw to manage its first BTR scheme in Portsmouth

Portsmouth City Council’s development company Ravelin Housing has appointed lettings and property management agency Chinneck Shaw to manage its first build-to-rent (BTR) scheme, Brewery House in Portsmouth.

Handshake

Brightbay sells portfolio of 25 Kwik Fit properties for £21m

Brightbay Real Estate Partners is selling a 25-property portfolio used by car maintenance company Kwik Fit across the UK for £21m.

Factory 13

Timber land: PW pays visit to Barratt Homes’ new Derby factory

Barratt Homes is betting big on wooden construction as part of its net zero strategy. Property Week visits the housebuilder’s new factory in Derby to find out more.

100 New Kings Road

London pub and supermarket lead latest Acuitus auction

A supermarket in Fulham, south-west London and a well-known pub in South Woodford, in the east of the capital, both guided at £1.4m, are among the 35 lots lined up for Acuitus’s commercial property auction on 13 December.

MMC home assembly

Life and death with modern methods

The case for modern methods of construction (MMC) has long been described in the most polarised terms.

Hunt_autumn statement 2023_flick_cred HM Treasury

Has the promise of planning reform failed to materialise?

The UK’s planning crisis addressed in last week’s Autumn Statement has been criticised as ‘headline-grabbing’.

Clara Carnot

Q&A: Five minutes with Clara Carnot, senior associate at Chris Dyson Architects

Clara Carnot, senior associate at Chris Dyson Architects, on how she got started in property, her top film and book recommendations, her number-one travel destination and the most ridiculous fact she knows.

Solar farm shutterstock_1768728767 StudioFI PW160922

Is solar a threat to food security?

Whatever the wording of any ‘food security’ clause in a revised National Planning Policy Framework (NPPF), it is unlikely to bring practical change and may not achieve the desired effect of slowing the pace of solar farm development or controlling where they emerge.

The Cascades at Earls Court - CGI. Image courtesy of ECDC

Earls Court has an exciting future

The year was 2010, the client was Capco, the development site was Earls Court. I was part of the advisory team picking masterplanners for this ambitious project.

WeWork

WeWork woes do not reflect flex market sentiment

Editor: By the time WeWork officially filed for bankruptcy last month, it had started to feel like old news. The drip-feeding of WeWork’s woes over the past six months had already prepared the market for the inevitable.

Staircase tax

Staircase law: do your due diligence

Editor: In your recent build-to-rent (BTR) report, the requirement for new-build residential buildings over 18m to have a second staircase was presented as a challenge for developers and another hurdle to overcome, but perhaps not a deal-breaker.

Planning

Tips to avoid development traps

The often complex lifecycle of a new development can present many pitfalls for developers and may result in costly changes or, at worst, stop a development in its tracks.

Diversity

Leaders Romans Group introduces fertility benefit

Leaders Romans Group (LRG) has developed a benefit policy to help employees undergoing fertility treatment.

Street plans with tablet shutterstock_2266106503 Francesco Scatena

Industry doubts planning fee shake-up will speed up system

Failure to ring-fence higher fees for council planning departments seen as flaw in latest government reforms.

TIDE, HTA_College Road_Exteriors_HR-4_Taran Wilkhu

Towering ambition: big interview with the founder of Tide Construction

Tide Construction has taken volumetric modular development to new heights with the construction of the 50-storey co-living scheme Enclave. Founder and chair John Fleming tells Property Week about the firm’s latest developments and its plans for the future.

shutterstock_765764875_cred LStockStudio

Boom time for SFR housing

Investment levels have reached record levels this year amid a fall in house sales.

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