All News articles – Page 24
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NewsGlenbrook’s 500-flat BTR scheme in Leeds greenlighted
Leeds City Council has approved property investor Glenbrook’s plans to develop 500 build-to-rent (BTR) apartments in the city’s centre.
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Russells launches 1.45 million sq ft Manchester industrial park
Developer Russells will start marketing space at 1.45 million sq ft industrial park HPARK in Heywood, near Manchester, in January.
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Nearly one million tenants at risk of being evicted
One in 12 private renters are at risk of being evicted this winter according to a new poll commissioned by housing and homelessness charity Shelter.
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Avant Homes acquires site for £28m homes development
Housebuilder Avant Homes North East has acquired a 10-acre site in Catterick, North Yorkshire, for the development of 135 new homes with a gross development value of £28m.
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CBRE touts strength of UK life sciences sector
The UK life sciences sector will maintain its strong growth trajectory, despite investment market normalisation since the 2021 boom, according to CBRE.
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Maison Goyard takes Stars REI’s Mayfair site
Property investor Stars REI is leasing a 7,100 sq ft retail site in central London’s Mayfair to luxury French goods and leather trunk maker Maison Goyard for its new flagship UK store.
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AEW UK REIT spends £18.3m on Bath and Bromley retail assets
Listed-investment trust AEW UK REIT has acquired a retail asset in Bath city centre for £13m and another in the London borough of Bromley for £5.3m.
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Get Living promotes Ailish Christian-West to COO
Get Living, the build-to-rent developer and operator of large-scale neighbourhoods, has promoted Ailish Christian-West to chief operating officer (COO).
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Martin Property Group buys Chester site ahead of £100m splurge
Irish family-owned investor Martin Property Group has acquired Browns of Chester’s 150,000 sq ft building, a former home to Debenhams in the Cheshire city, from British Land for an undisclosed sum.
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BTR sector value to exceed £100bn in five years, says Knight Frank
The value of the UK’s build to rent (BTR) market has grown 60% since 2019 to £56bn and will be worth £102bn by 2028, according to Knight Frank.
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Clifton hires Ruddle as partner
Real estate investment consultancy Clifton has expanded its team with the appointment of Hollie Ruddle as partner.
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Martin’s strikes £30m deal with Canada Life
London real estate firm Martin’s Properties has agreed a £26.9m refinancing deal with Canada Life Investments to bolster its strategy of developing and acquiring assets in South East commuter towns.
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Leumi UK completes on £26.5m facility to aid Livingway’s northern expansion
Property lender Leumi UK has completed on a £26.5m loan facility with Livingway Group, the property investor, to refinance and expand its residential portfolio in cities across the north of England.
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L&G and Vivid form joint venture to develop 1,000 modular homes
Legal & General’s modular housing arm is planning a five-year joint venture with affordable homes provider Vivid, initially worth £300m-plus, to deliver at least 1,000 new affordable modular homes across the south of England, Property Week can reveal.
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NAV dips at ReSi
Net asset value (NAV) at Residential Secure Income (ReSI) dipped during the year to the end of September as the value of the group’s portfolio was hit by the “macro environment”.
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Questions over Qatari review of London investment
Qatar won’t sell its prize London real estate “under any circumstances”, market sources have told Property Week, after the Gulf state said this week that it was reviewing current and future investment in the capital.
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HSBC to close quarter of UK branches next year
Global banking giant HSBC will close 114 of its UK branches next year as the number of customers using them has fallen following the Covid-19 pandemic.
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HSBC to shut 114 branches next year
Global banking giant HSBC announced it will close 114 of its UK branches next year as the number of customers using them has fallen following the pandemic.
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900 home Islington regeneration scheme given green light
Newlon Housing Trust, the charitable housing association, and home developer Mount Anvil, have been given the go ahead for a 914 home regeneration scheme in Islington.
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Cluttons announce new hires to its CSAM business line
Cluttons, real estate and lettings agent, has announced new hires across its commercial and strategic asset management (CSAM) business line.
