All News articles – Page 21
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News
House prices continue to slow in longest stretch since 2009
Nationwide’s latest house price index has revealed that UK house price growth slowed for five consecutive months from August 2022 to January 2023, the longest downwards stretch in 14 years.
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Labour shortages and inflation continue to slow BTR growth
Rising inflation and labour shortages are continuing to hamper UK build-to-rent (BTR) developments, according to research from the British Property Federation (BPF).
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RICS relaunches leadership hunt after failed attempt
RICS has launched a search for a chief executive officer after its hunt for a director-general failed to deliver a suitable candidate to head the institution.
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GPE completes £190m sale of 50 Finsbury Square
Great Portland Estates (GPE) has completed the sale of City office block 50 Finsbury Square to a subsidiary of German family office Wirtgen Invest Holding for £190m.
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Bellway and Redrow echo housebuilder concerns over demand
Another two housebuilding giants reported on the impact of the economic downturn on Thursday, as both Bellway and Redrow on flagged persistent market challenges despite a slight pickup in activity in recent weeks.
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Ruff and ready retail
Festival Place declares itself dog-friendly to attract customers to its shops
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Unlocking small sites for SMEs ‘key to tackling housing crisis’
Analysis reveals 1.6 million new homes could be built on unused parcels of land owned by local authorities
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‘Whitehall power play’ sees Treasury take control of DLUHC spending
The Treasury has taken control of Michael Gove’s Department of Levelling Up, Housing and Communities’ (DLUHC) spending powers in a move described as a “Whitehall power play”.
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Car park where Richard III’s remains found set to go under the hammer
The car park in Leicester where the remains of Richard III were discovered 11 years ago is set to go under the hammer with a guide price of £4m to £4.1m.
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Former Woolworths store to lead Acuitus’s first 2023 sale
Mixed-use property on offer for £4m, a London office building and Manchester resi site being other star lots
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This week in.. 2016
HSBC announced its decision to keep its HQ in the UK after a unanimous vote by board members.
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Network Rail and TTL on track to build 20,000 homes
Network Rail and TTL Properties, owned by Transport for London, have formed a partnership to enable development of 20,000 homes over the next 10 years.
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New design panel launched to help ‘shape the future’ of Westminster
Westminster City Council is to launch a Design Review Panel that will provide independent expert advice for major developments within the central London borough.
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Industrial capital values fall at record rate as economic pressure mounts
Industrial sector capital values plummeted 26% between June and December last year, after yields increased by more than 120 basis points, reversing compression to a record low in the middle of the year, data from MSCI’s UK Quarterly Property Index shows.
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Dartford pub is star lot in Strettons’ February auction
A former pub in Dartford, Kent with potential for residential redevelopment is leading Strettons’ February auction tomorrow (9 February) with a guide price of £950,000.
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Rachel Maclean replaces Frazer as housing minister
Rachel Maclean, former minister of state at the Ministry of Justice, has become the 15th housing minister since the Conservatives took office in 2010.
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NAV and portfolio value falls at Custodian
Net asset value (NAV) at Custodian Property Income REIT fell 12.2% during the final three months of 2022, as it was impacted by industry wide outward yield movements.
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Barratt sees signs of a recovery in homebuyer demand, but reservations remain down
Barratt Developments has told investors there are early signs of a recovery in homebuyer demand as mortgage rates begin to ease back.
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Start-up offers homebuyers chance to link up with investors to get on housing ladder
A new crowdfunding platform is set to bring buyers and investors together to co-invest in homes and bypass the need to gain a mortgage.
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x+why takes space at Santander’s new Milton Keynes HQ
Flexible workspace specialist x+why has taken 60,000 sq ft at Santander’s new 500,000 sq ft HQ in Milton Keynes.