All News articles – Page 26
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NewsCharity groups come together to urge Sunak to speed up Renters Reform Bill
A group of 30 charities have written a letter to prime minister Rishi Sunak expressing concern over continued delays to the upcoming Renters Reform Bill (RRB).
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NewsBank of Ireland to relocate London offices to St Paul’s
The Bank of Ireland is relocating its London offices to the last vacant floor in Gresham St Paul’s, taking 18,807 sq ft in Stanhope and Swiss Investment Foundation AFIAA’s office scheme.
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NewsResidential rental platform launched with aim of rivalling Rightmove and Zoopla
An online residential rental platform, krispyhouse, has been launched today (16 October), with the aim of rivalling services such as Rightmove and Zoopla.
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NewsCohort Capital refinances Covent Garden hotel with £73m loan
Specialist lender Cohort Capital has provided a loan worth £73m to a Qatari-based group for the refinancing of the five-star NoMad Hotel in London’s Convent Garden.
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NewsLandlords are paying 40% higher mortgage interest than in August 2022
Landlords in the UK are currently paying £15bn in mortgage interest, representing a 40% increase in comparison to August last year, according to Hamptons Real Estate.
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NewsChancerygate acquires Manchester site for £15m I&L scheme
Developer Chancerygate has acquired a 2.3-acre site in east Manchester to speculatively build a £15m 59,500 sq ft grade-A urban logistics and industrial scheme.
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OnlineRokstone partners with UK Sotheby’s International Realty
Rokstone, the London-based boutique prime real estate firm, has merged with UK Sotheby’s International Realty.
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NewsInvestment activity gains momentum despite weak Q3 volumes
Investment activity in UK commercial property has improved in Q3 – despite a slip to a three-year low, according to Lambert Smith Hampton’s latest UK Investment Transactions (UKIT) report.
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OnlineBruntwood SciTech secures £500m of fresh funding as new partner joins
Bruntwood SciTech has secured £500m of funding for its life sciences property platform and added the Greater Manchester Pension Fund (GMPF) to the partnership.
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NewsProperty portfolio valuation dips at Schroder European REIT
Schroder European REIT (SERE), which invests in real estate in European growth cities, has announced a 1.9% fall in the value of its direct property portfolio, to €214.1m (£185.5m), over Q3.
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NewsBoE welcomes Huepfl as new Commercial Property Forum chair
The Bank of England’s Commercial Property Forum (CPF), an industry-led group that helps monitor the UK commercial property sector, has appointed Emma Huepfl as chair.
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NewsBPF calls for investment and growth measures ahead of Autumn Statement
The British Property Federation (BPF) is calling on government to use capital allowances to boost green investment, ringfence planning fees for local authorities, and encourage defined contribution pension schemes to invest in commercial real estate ahead of the upcoming Autumn Statement.
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NewsWelsh mixed used building with fizzy pop legacy sells for £291,000
A historic building in Porth, South Wales, formerly the headquarters of soft drinks firm Thomas & Evans and latterly Corona and Beechams, sold for £66,000 over the guide price at auction earlier this month.
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NewsSection 21 evictions rise more than 20%
The number of Section 21 ’no-fault’ evictions carried out in England rose by more than 20% to 24,000 in 2022-23, compared with 19,900 in 2021-22, according to government figures published today (13 October), raising concerns about the effects of delaying legislation to protect renters.
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NewsSavills’ October auction raises more than £36m
Savills raised more than £36m at its 10 October auction, representing a success rate of 70% from sales among 200-plus lots comprising a mixture of residential, commercial and development opportunities across the UK.
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NewsVoss rejoins Carter Jonas after spell in public sector
Stuart Voss has returned to Carter Jonas after an interim role as head of property at Ipswich Borough Council.
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NewsGuildford’s North Street redevelopment gets green light
Developer St Edward has been given the green light to redevelop Guildford’s North Street, in a scheme that will include the construction of 471 homes.
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NewsDevelopment partner sought for major Sutton regeneration project
The London Borough of Sutton is seeking a development partner for a major regeneration project including up to 180,000 sq ft of commercial space and 1,000 homes.
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NewsNext agrees £115m takeover of FatFace
Next has agreed a £115.2m deal to takeover clothing and lifestyle brand FatFace.
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NewsCMA publishes guidance to help businesses cooperate on environmental goals
The Competition and Markets Authority (CMA) has published guidance to help businesses understand how they can better collaborate on sustainability goals.
