All News articles – Page 11
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Home Builders Federation reports 20% fall in new home planning permissions
HBF reports new home planning permissions have fallen to lowest level since records began in 2006.
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Liverpool City Region reveals plans to ‘supercharge’ life sciences
The new life sciences investment zone has the potential to attract £800m in public and private investment.
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Debt allocation to real estate development finance set to expand
Debt allocation to real estate development finance is increasingly attractive to institutional investors, according to Downing.
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Custodian waives fees to sweeten abrdn’s £1bn merger deal for investors
Custodian REIT faces competition from Urban Logistics REIT in its bid to take over abrdn.
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Three arrested in £76m Carlauren Group luxury care homes fraud case
The funding was allegedly spent on yachts, cars and a private jet.
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Supermarket Income REIT’s net tangible assets fall but pre-tax losses are slashed
The value of the group’s supermarkets portfolio fell 3.2% in the last six months of 2023 to £1.68bn.
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Government to stop councils keeping 100% of Right to Buy receipts
Right to buy funds have reportedly contributed £180m to £200m to councils’ housing budget each year.
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More than 1.5m properties left abandoned in England and Wales
Research shows the derelict buildings could be worth a combined £530bn if redeveloped.
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A&o Hostels seeks office and retail properties for £427.5m expansion drive
The UK in included as firm seeks wide range of properties for pan-European expansion plan.
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AHMM research slams carbon intensive Cat A office fit-outs
“Brand-new Cat A materials being ripped out and discarded prompted us to start investigating,” architect’s practice said.
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Westminster rejects Criterion’s Pimlico hotel conversion to prevent loss of office space
The plans were put forward by Eccleston Square London, an investment vehicle for Asif Aziz’s Criterion Capital.
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Crawley’s The Create Building lands British Airways Holidays as tenant
The company has signed a lease for the top floor of the nine-storey tower.
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Rapidly-growing NUMA Group enters UK hotels market with London acquisition
NUMA Group is now present in 15 European countries and 33 European cities with more than 5,850 hotel rooms.
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Savills appointed to market The Virgin Hotel Glasgow
The 165-room hotel closed just four months after opening last August.
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RER Kingston markets £250m south-west London resi conversion scheme
The 5-acre site has planning permission for nearly 300 apartments.
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YASA to move UK HQ to Bicester Motion Innovation Quarter
The Mercedes-Benz subsidiary will relocate its teams to the Bicester site in 2026
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Art-Invest gets go-ahead on Sackville House refurbishment
The Piccadilly project will comprise 30,000 sq ft of workspace.
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CBRE IM lands first pre-let for Edinburgh’s 30 Semple Street
The developer said the office development is “setting new standards” in the Scottish office market
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KKR-Mirastar acquires logistics asset from Mountpark
Mountpark Warrington Omega II encompasses three logistics assets.
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Real estate at ‘pivot point’ amid renewed investment activity, say ULI and PwC
Emerging Trends report highlighs improving prospects for renewed investment activity.