All News articles – Page 15
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NewsLandsecU+I unveils plans for 1,700 home-led Lewisham regeneration
Landsec’s regeneration business, LandsecU+I, has unveiled plans to redevelop Lewisham Shopping Centre into a 1,700-home, mixed-use development, as part of a wider high-street revival proposed for the south-east London borough.
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NewsM Core acquires multi-retail centre portfolio for £35m
M Core has completed the acquisition of a multi-retail centre portfolio, comprising eight retail parks and convenience stores, for £35m as part of its expansion drive.
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NewsGreen light for Gen Two’s Cambridge life sciences hub
Life sciences developer Gen Two has been given the green light to develop a 125,000 sq ft life sciences hub in Cambridge.
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NewsApache Capital makes three promotions to push Present Made single-family housing arm
UK real estate investment manager Apache Capital, which is focused exclusively on the living sectors, has made three promotions to help support the growth of its single-family housing platform, Present Made, which aims to build a £1.5bn portfolio of around 3,000 homes.
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NewsTaylor Wimpey boosts profit expectations in upbeat H2 update
Taylor Wimpey has increased its expectations for group operating profit to the top end of its £440m to £470m guidance range at, due to its focus on “optimising price and sharp cost discipline”.
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NewsLondon Property Alliance urges government to remove VAT from retrofits
The London Property Alliance (LPA) has called on the government to remove VAT for retrofitting projects - one of a raft of measures it said it would like to see introduced in the Autumn Statement.
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NewsSigna’s financial woes could trigger Selfridge sale
The ownership of iconic London department store Selfridges has been plunged into doubt after co-owner Signa Group fell into financial crisis.
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NewsReal estate insolvencies spike amid rising interest rates
Real estate insolvencies rose 16% over the past year due to rising interest rates, higher debt servicing costs and falling demand for office and retail space, according to a report published this week by audit tax and advisory firm Mazars
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NewsIndustry could be on the ‘cusp’ of a serious downturn in demand
There is a sense the industry could be “on the cusp of a serious downturn in demand across the markets”, Gareth Lewis, PwC director, said during a webinar yesterday to launch the firm’s joint report with the Urban Land Institute (ULI) titled ’Emerging Trends in Real Estate Europe’.
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NewsRevolut in talks to move headquarters to iconic Canary Wharf YY building
Fintech banking firm Revolut is in talks to move its headquarters to a 113,000 sq ft space at Quadrant’s YY building at Canary Wharf.
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NewsPre-COP28 report highlights barriers to energy transition
A report published today by infrastructure consultancy AECOM has found that the dilution and delay of energy transition policy is affecting how businesses deliver decarbonisation.
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NewsStanley Land gains approval for 168- home St Helens development
Stanley Land and Homes has received planning permission to create 168 affordable homes to regenerate a former glass works site off Lancots Lane in St Helens.
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NewsUK house prices set to grow by 18% by 2028, according to Savills forecast
Savills’ latest five-year residential forecast has predicted mainstream house prices will experience total growth of 17.9% by 2028 after they are set to drop next year.
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NewsReal estate is ‘dead in the water’ if it can’t adjust adjust to higher-rate environment
A report from PwC and the Urban Land Institute (ULI) published today (8 November) has revealed the industry fears interest rates, inflation and low European economic growth will be key concerns for the next five years, leading investment experts to question the medium-term outlook for property.
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NewsMinister backs veto for planned giant Buckinghamshire data centre to ‘protect green belt’
Government minister Lee Rowley has upheld the rejection of plans to build England’s largest data centre in Iver, Buckinghamshire, between the M25 and an industrial estate, citing the need to protect the green belt.
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NewsPersimmon appoints former Galliford Try finance director Duxbury as CFO
Persimmon has appointed Andrew Duxbury, former group finance director at Galliford Try, as chief financial officer (CFO). He will join the board as an executive director, with the start date yet to be confirmed.
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NewsChurch Commissioners submit plans for 1m sq ft Hampshire employment hub
The Church Commissioners for England, in partnership with Legal & General and Gisborne, has submitted a planning application for Bushfield Camp, a 106-acre employment hub in Winchester, Hampshire.
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NewsUrban Splash and Places for People get greenlight for 125-home Sheffield scheme
Joint development partners Urban Splash and Places for People have secured planning permission to develop 125 apartments at the Park Hill scheme in Sheffield.
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NewsHanna and Boyce named London co-managing directors at Avison Young
Avison Young has appointed Kat Hanna and Adrian Boyce as co-managing directors for its London office.
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NewsGet Living secures £150m refinancing deal with PGIM for East Village scheme
Build-to-rent (BTR) operator Get Living has secured a £150m refinancing deal with investment manager PGIM Real Estate for the Portlands Place scheme at its flagship neighbourhood, East Village, in Stratford, east London.
