All News articles – Page 31
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News
Urban Splash and Milligan team up to reboot cities
Regeneration specialist Urban Splash and developer Milligan are joining forces in a bid to revitalise UK towns and cities.
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Manchester living rent plan unveiled
Manchester City Council has introduced an affordable housing plan ensuring rent will be set at or below the Local Housing Allowance (LHA) level - the rent level set by government to cover a person’s rent if they are on housing benefit.
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Industrials REIT posts strong annual figures
Industrials REIT has posted a 20.3% rise in net asset value and a doubling of profit for the year to the end of March.
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Hotel investment scheme directors disqualified for total 25 years
The directors behind an £8.9m hotel room investment scheme have been disqualified from running companies for a total of 25 years, according to the Insolvency Service.
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BNPPRE promotes McMahon to head of strategy
BNP Paribas Real Estate (BNPPRE) has confirmed Stephanie McMahon will become its head of strategy, while Vanessa Hale takes up the position of head of research and insights.
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Bruntwood Works submits plans for Pall Mall renovation
Bruntwood Works, the workspace, retail and leisure arm of Bruntwood, has submitted a planning application to redesign and revitalise the grade II-listed Pall Mall in the heart of Manchester city centre.
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Lendlease names Cseplo-Jeffrey as BTR ops director
Australian real estate giant Lendlease has appointed Valerie Cseplo-Jeffrey as its new build-to-rent (BTR) operations director, as it expands its BTR offer with its City Lights Point development in south London.
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Helmsley Group’s York net zero hotel plan approved
City of York Council has approved plans for an 82-bedroom, city-centre hotel that developer and investor Hemsley Group said would be one of the first in the UK to generate net-zero greenhouse gas emissions.
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Mixed views on Right to Buy extension
The property industry has reacted with mixed views to the prime minster’s announcement that he will extend the Right to Buy scheme, where council tenants can buy their own homes.
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Rockstar Games invests in leisure experience group Broadwick Live
UK live experience provider Broadwick has received investment backing from global gaming giant Rockstar Games.
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Dawsongroup claims record price for £42m Milton Keynes site sale
Listed commercial assets supplier Dawsongroup has disposed of a 14.7-acre parcel of Bedfordshire land off the M1 for £42m, claiming a record price of £3m/acre for land outside the M25 classified as B1/B8 - offices linked to industrial and logistics/distribution.
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Castle Green acquires Cheshire site for 108-home development
Residential developer Castle Green is believed to have paid around £25m for a 43-acre site at Daresbury Park, Cheshire from Marshall CDP, which secured outline consent for 305 homes there in 2020.
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Grosvenor launches biodiversity strategy
Grosvenor Property UK (GPUK) is rolling out a biodiversity strategy that it claims will create significant biodiversity net gain across the firm’s UK’s portfolios.
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Savills lines up a number of high-priced lots for June sale
Auction house’s new catalogue majors on income-producing properties and those with development potential.
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John Lewis’s BTR plan seen as ‘right move’ for the business
Firm pushes ahead with plan to move beyond retail by launching London and Reading build-to-rent schemes.
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Former Kent care home set to star in Clive Emson’s June Jubilee auction
Clive Emson has launched a 121-lot catalogue for its June 16 sale, with a former Kent care home set to be the star lot.
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Rentplus loses appeal in discrimination case
Judge rules tribunal was right to award former director unfair dismissal payout.
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PAC calls out funding bias
MPs on the Public Accounts Committee (PAC) have accused ministers of manipulating the selection process that allocated the first £1.8bn in levelling-up funding.
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Huawei to downsize in move to new Thames Valley Park HQ
Chinese tech giant Huawei Technologies is under offer to take around 30,000 sq ft for a new base at Thames Valley Park, downsizing from its current 140,000 sq ft Reading home.