Harworth profit rises as firm remains on track to hit £1bn NAV target
The group remains confident it can become a £1bn business by 2027.
Prime London sales values dip in February
Supply and demand begin to balance in lettings market as rental growth stabilises, LonRes finds.
Former Close Brothers CEO Pennal joins Mera Investment Management
Frank Pennal will support the growth plans of the private real estate finance and investment firm.
Orega to open second Leeds site as flex expansion continues
The firm’s latest site will be within the city’s landmark Broad Gate office scheme.
Crest Nicholson lowers home builds and reports defects on four sites
Despite building fewer homes, the housebuilder said sales prices were expected to remain stable in this financial year.
NewFlex opens new Cambridge workspace The Quad
NewFlex said the site is one of the UK’s strongest out-of-London business destinations.
Selfridges seeks parent company cash to repay loans as Saudi fund eyes stake
Iconic London department store faces a £27.3m loan repayment deadline.
Labour will support cross-boundary strategic planning, says Pennycook
The shadow housing minister also discussed the need for an enforceable housing target.
Levelling-up delays ‘absolutely astonishing’, parliamentary watchdog finds
The Public Accounts Committee found no compelling examples of what levelling up has delivered so far.
Gove intervenes on London Plan to boost housing delivery
The housing secretary has told London mayor Sadiq Khan that the plan is holding back housebuilding in the capital.
British Land and Royal London form £385m JV on west London science scheme
Firms launch 50:50 joint venture to develop a science and innovation building at 1 Triton Square in West London.
Langham Estate promotes Pugh to CEO following £340m Lotus Portfolio sale
Pugh takes the helm following the sale of central London portfolio to Oval Real Estate.
Frederick joins Impact Healthcare board as Hall retires
He has been appointed to the board of the REIT as an independent non-executive director.
Khan pledges to deliver 40,000 council homes if re-elected
This comes after the mayor of London also unveiled a new £100m Housing Kickstarter Fund.
Price Bailey data reveals pub closures at highest point in over a decade
The number of UK pubs fell from 41,015 to 38,175 in the 10 years to the end of 2023, recently released data shows.
Hartwell unveils £35m masterplan for Wootton Science Park
The proposed scheme to the south-west of Oxford would total more than 100,000 sq ft.
Avison Young moves offices to new London West End flex space
AY’s lease on its Ganton Street office expires this month, while its Gresham House lease expires next year.
Urban Logistics in late bid to gazump Custodian and API merger
The REIT has urged abrdn Property Income Trust to “call a halt” to its proposed merger with Custodian.
Campaigners plot legal challenge to £700m ITV South Bank studios redevelopment
The scheme has just successfully emerged from an 18-month judicial review process led by Michael Gove
JR Capital and Chancerygate seal £9m deal for Liverpool sheds
The deal for the 120,000 sq ft fully let industrial estate includes 10 acres of adjacent land suitable for development.
The Gym Group targets 50 new sites over next three years
The firm announced its new strategy as it reported full-year figures for 2023.
Modular developer Lighthouse files administration notice
The company said it was continuing efforts to secure the future of the business.
Greencore secures £30m investment to support sustainable development
The funding will support the developer’s plans to build up to 10,000 low-carbon homes.
Berkeley on track to report £550m pre-tax profit for year to end of April
Trading update confirms housebuilder expects to achieve £1.5bn three-year profit forecast by April 2026.