All News articles – Page 15
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NewsHines pre-lets three floors of Mayfair office building
Investor, developer and manager Hines has pre-let 14,250 sq ft of office space to an Asian multinational company at mixed-use development The Burlian in London’s Mayfair district.
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Eutopia’s 315-home scheme in Gloucester approved
Developer Eutopia Homes’ proposals for a 315-home scheme in Gloucester with a £70m gross development value have been approved by the city’s council.
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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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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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Community engagement key to successful housing delivery
Aster’s Amanda Williams on the challenges for housing associations and the need for clarity on planning reform.
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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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Diversity report highlights property’s lack of disabled candidates
Only 3% of respondents to a survey examining the diversity of job candidates in the real estate and construction sectors have identified themselves as disabled, despite 21% of the UK workforce being classified as such.
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Building safety remediation contracts fail to bring clarity
The government’s plans to clamp down on developers leave more questions for leaseholders and tenants.
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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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Culture is finally taking centre stage in BTR, says Assael Architecture
In this latest episode of PropCast, Russell Pedley, co-founder and director of Assael Architecture; Mark Davy, who founded the culture and placemaking consultancy Futurecity; and Marcus Foley, the founder of the international advertising consultancy Tommy, join Andrew Teacher to discuss the role and potential impact of culture in build-to-rent (BTR) ...
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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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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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Retailer M&Co to close all 170 stores
Troubled clothing retailer M&Co will close all its 170 stores by April after administrator Teneo Financial Advisory failed to find a buyer for its physical assets.
