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All News articles – Page 21
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NewsLeeds to bulldoze ageing council blocks and foot £5.27m rehousing bill
Leeds City Council has approved plans to demolish six ageing high-rise blocks and fork out £5.27m to rehome tenants.
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NewsSable Capital acquires land in Nine Elms as part of BTR investment strategy
Sable Capital, the living sector specialist investor, has acquired a residential development site in Nine Elms, south-west London, from a joint venture between Vinci UK Developments and St Modwen Developments plus Covent Garden Market Authority.
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OnlineMontagu Evans appoints Avison Young’s Rachel Crick as planning partner
Planning and development consultancy Montagu Evans has strengthened its planning team in London with the appointment of Rachel Crick as partner.
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OnlineICG Real Estate acquires £125m London digital infrastructure portfolio
ICG Real Estate has acquired a £125m portfolio of central London digital infrastructure assets let to Vodafone UK.
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NewsDigital engagement with younger people key to addressing planning challenges
Utilising social media and digital technology are key to engaging the younger ”silent majority” to help more schemes gain planning approval, according to a panel of experts at last week’s Developers Club’s conference.
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OnlineSchroder European REIT appoints Beddy to board
Schroder European Real Estate Investment Trust has appointed Mark Beddy as an independent non-executive director of the company.
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OnlineNewcore targets £375m equity raise for core-plus fund
Newcore Capital, the real estate investment manager that specialises in social infrastructure assets, is aiming to raise up to £375m for a new core-plus strategy via a fund to be launched by the end of this year.
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OnlineIlke Homes formally enters liquidation
Modular housebuilder Ilke Homes has formally entered liquidation with debts of more than £319m set to go unpaid.
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NewsSt James’s Place suspends fund amid falling demand for commercial property
Investment manager St James’s Place has suspended dealing in its SJP Property unit trust and deferred redemptions in its Property life and Property pension funds, blaming falling demand for UK commercial property.
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OnlineVistry to take £40m hit to profit as it closes private home sales unit
Housebuilding giant Vistry has told investors that it expects a £40m hit to its profits after it shut its private housebuilding arm down to focus solely on affordable housing partnerships.
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NewsBarratt appoints Jarvis as David Wilson Homes North West MD
Barratt Developments has named Claire Jarvis as managing director for its David Wilson Homes North West division.
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NewsYahoo moves into Dublin’s tallest office tower
Tech giant Yahoo has signed for 35,703 sq ft at Dublin’s tallest office building, Tristan Capital Partners’ The Exo, in the city’s largest office leasing deal in the second half of the year.
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NewsCBRE says obsolete office conversions offer lifeline for London residential market
Converting London’s secondhand, vacant office stock could plug an urgent housing shortfall in the capital, creating an estimated 28,000 new homes, CBRE has calculated.
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NewsMordaunt confirms Renters’ Reform Bill to have second reading next week
Leader of the House of Commons Penny Mordaunt has confirmed the long-awaited Renters’ Reform Bill (RRB) will have its second reading next week on Monday (23 October), following rumours it was set to be delayed again.
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NewsCRE firms increasing technology budgets despite challenging market, JLL survey says
Real estate firms are prioritising technology and AI budgets, particularly for sustainability, despite the difficult trading environment, new research from JLL shows.
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NewsDeutsche Bank refinances chunk of Lifestory’s UK portfolio
Deutsche Bank has provided an inventory facility to refinance part of Lifestory’s UK portfolio in a £150m deal, Property Week understands.
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NewsBTR investment is a ‘key solution’ for renters
Investment in the build-to-rent (BTR) sector is needed to address challenges faced by UK renters by building affordable, energy-efficient and high-quality homes, Columbia Threadneedle Investments has said.
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NewsImpact Hub London Euston to open affordable workspace for local community
Social enterprise organisation Impact Hub London has signed a deal with British Land to open its second site in London’s Knowledge Quarter offering affordable workspace for under-served local communities.
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OnlineNAV nudges up at Impact Healthcare
Impact Healthcare has posted a 1.3% rise in net asset value (NAV) during the three months to the end of September.
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NewsFrogmore and C1 seek development partner to double size of Hilton London Olympia Hotel
Frogmore Real Estate Partners and C1 Capital are seeking a partner to redevelop and ultimately own the Hilton London Olympia Hotel in Kensington, West London, after redevelopment plans were approved last night (19 October) to more than double the size of the property from 404 to 905 bedrooms.
