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All News articles – Page 16
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NewsGove gives developers 30-month second staircase grace period
Housing secretary Michael Gove has laid out a two-and-a-half-year transition period for the implementation of second staircases in new residential developments, in a bid to provide developers with clarity over their schemes.
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NewsCanary Wharf owners inject £400m into repositioning plans
The owners of Canary Wharf Group (CWG) have committed £400m of fresh capital to invest in the east London financial district, which has suffered from waning office demand and the loss of key tenants in recent months.
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InsightCountryside and L&Q JV submits plans for 3,500-home scheme at Chelmsford Garden Community
A joint venture (JV) between Countryside Partnerships and L&Q has submitted a planning application for a 3,500-home mixed-use development to form part of the Chelmsford Garden Community in Essex.
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OnlineFidelity buys WeWork office block in London
Fidelity International has acquired 99 Queen Victoria Street in the City of London from troubled serviced office group WeWork.
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OnlineZ Hotels secures lending for new London property
Z Hotels has secured a £23m loan from OakNorth and ASK Partners for the acquisition and refurbishment of a mixed-use building on Charing Cross Road in central London.
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OnlineGoodstone Living closes £550m-plus BTR fund
Goodstone Living has closed its first UK build-to-rent (BTR) residential fund with more than £550m of investment capital.
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NewsEdinburgh’s Argyle House office block sold to PGIM for £38m
PGIM Real Estate has acquired Edinburgh’s landmark Argyle House from global real estate investor Kennedy Wilson in an off-market deal understood to be worth around £38m.
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NewsHomes England to take £68m hit from ilke Homes collapse
Homes England could lose up to 99.9% of the £68.7m it is owed by ilke Homes after the modular housebuilder formally entered liquidation and was hit with equipment theft.
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NewsLaSalle and Trilogy win appeal for 716-room PBSA scheme in London
LaSalle Investment Management and Trilogy Real Estate have won a planning appeal to secure consent for the second phase of a 716-room purpose-built student accommodation (PBSA) scheme in east London.
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NewsHines’ Soho Square office scheme rejected in ‘clear signal to investors’
Hines’ plans for a major mixed-use development in London’s Soho have been rejected by Westminster City Council, with the planning committee voting against recommendations for approval.
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NewsCentral London records highest take-up of the year as active demand grows
Central London office take-up reached 2.2m sq ft at the end of Q3, the highest quarterly take-up of the year so far, while active office demand in central London is surging ahead of the long-term average, according to new research from Savills.
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NewsInquiry launched into the future of MMC by Lords committee
The House of Lords Built Environment Committee has today (24 October) launched an inquiry into the future of modern methods of construction (MMC) as a viable method of housing delivery.
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NewsBurley Browne appointed to manage National Farmers Union property portfolio
Commercial property consultant Burley Browne has been appointed by the National Farmers Union (NFU) to manage its property portfolio.
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NewsItalian furniture giant agrees near-£100m takeover of ScS
London-listed sofa chain ScS will go private after accepting a £99.4m takeover by Italian furniture retailer Poltronesofà.
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NewsMartin Property Group puts Yeovil shopping centre and bus station up for sale
Martin Property Group is selling a substantial redevelopment site in Yeovil, Somerset, comprising the Glovers Walk shopping precinct, the bus station and part of lower Middle Street.
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NewsReal estate administrations on the rise in Q3
Construction, real estate and manufacturing continue to lead administrations in the third quarter, with company administrations up 30% on the previous year, the latest figures from Kroll have shown.
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NewsHBD submits plans for £35m-GDV west Lancashire shed
Developer HBD, part of Henry Boot Group, has submitted a planning application for 245,000 sq ft of industrial and logistics space in a £35m-GDV scheme in west Lancashire.
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NewsBallymore and Sainsbury’s submit plans for 2,500-home scheme in London
A joint venture (JV) between Ballymore and Sainsbury’s has submitted a planning application for the development a 2,519-home mixed-use canalside neighbourhood in Ladbroke Grove, west London.
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NewsWeWork president and COO Anthony Yazbeck leaves company
WeWork’s president and chief operating officer Anthony Yazbeck has reached an agreement to leave the company.
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NewsRenters Reform Bill passes second reading in parliament without division
The Renters Reform Bill (RRB) passed its second parliamentary reading in the House of Commons yesterday (23 October) without a vote, but critics said the government is planning to delay the proposed ban of Section 21 ’no-fault’ evictions in a “grubby deal”.
