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All News articles – Page 4
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NewsPeel Hunt predicts further M&A activity for property sector
Peel Hunt is predicting an increase in mergers and acquistions (M&A) activity in the property industry, as the sector trades on a 25% discount to net asset value (NAV).
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NewsRedrow submits plans for 1,400 new homes in Rochdale
Housebuilder Redrow has submitted a planning application for a 1,380-home mixed-use neighbourhood in Rochdale, Greater Manchester.
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NewsReally Local Group named partner for phase two of £68m Nuneaton regeneration
Nuneaton and Bedworth Borough Council has named developer Really Local Group as its strategic partner to create a 14,000 sq ft mixed-use town centre scheme in Nuneaton, Warwickshire.
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NewsThird Space gains £88.5m funding to support opening of new clubs
London-based luxury health and fitness brand Third Space has secured £88.5m of funding from OakNorth and Searchlight Capital Partners to support its business plan and the opening of additional clubs.
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NewsReal estate total global value reaches $380trn
The value of all global real estate, including agricultural land, reached $379.7trn (£819,000m) in 2022, new research from Savills has found.
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NewsCasa by Moda secures £150m bump from NatWest
Casa by Moda, the single-family housing developer owned by Moda Living, has secured an initial £60m debt facility from NatWest, with the ability to rise to £150m, to support its growth plans.
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NewsGribbon wins top prize at Women in Property 2023 National Student Awards
Interior architecture and design student Elsie Gribbon has taken the top prize in the 2023 Women in Property National Student Awards, after competing against 13 other students in the national final of the awards programme, now in its 17th year.
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NewsGovernment Property Agency publishes first ESG report
The Government Property Agency (GPA) has published its first environmental, social and governance (ESG) report, stating a commitment to pursue net zero goals within government buildings.
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NewsBrookfield takes control of SBB’s education business in £600m deal
Canadian real estate investor Brookfield Asset Management has agreed an SEK8bn (£593m) deal giving it control of Swedish property company Samhällsbyggnadsbolaget i Norden (SBB)’s education business.
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NewsGovernment won’t meet targets to end rough sleeping by 2024, says Kerslake Commission
The government will fail to meet its target to end rough sleeping by 2024, largely due to the shortage of affordable housing, a report published today (25 September) by the Kerslake Commission on Homelessness and Rough Sleeping said.
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NewsMadison Berkeley and Ladies in Real Estate launch Equity campaign
Recruiter Madison Berkeley has joined forces with Adina David, executive director at MGT and head of networking organisation Ladies in Real Estate, to launch the Empower Equity 2023 campaign to encourage the property market to improve female retention in the sector.
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NewsLondon office values correct faster than Europe, offering ‘rare’ entry point for investors
London office values are correcting faster than almost every counterpart market in Europe, new data analysed by BNP Paribas Real Estate has found.
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NewsWykeland Group secures deal to develop 3m sq ft logistics site
Developer Wykeland Group has agreed to sell a 211-acre site in east Yorkshire for an undisclosed sum to Finnish tissue paper manufacturer Metsä Tissue, for the construction of the UK’s largest tissue paper mill.
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NewsSavills doubles September’s 2022 auction sales, raising £85m
Savills raised over £36m in its 10th auction of the year this week, bringing the total amount raised this month to more than double September 2022’s figure.
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NewsGove rejects GPE plans for pair of Southwark office towers
Housing secretary Michael Gove has rejected Great Portland Estates’ (GPE) plans to redevelop two large London office towers at its giant New City Court scheme in Southwark.
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NewsAssets sell for over double guide prices at £7.6m Strettons’ September auction
A three-storey freehold commercial site in Ilford, east London, went for nearly three times its guide price at Strettons’ September property auction, which saw a total of £7.6m raised.
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NewsOxford’s St Hilda’s College buys £12m city centre property
St Hilda’s College, part of Oxford University, has added to its property portfolio with the acquisition of 14-16 Norham Gardens for £12m, which will be used as student accommodation.
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NewsLast call for North West PROPS Awards entries
The North West PROPS Awards close for entries on 25 September and those who wish to enter must do so before the end of the day on Monday.
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NewsUniversity of Birmingham to build £50m net zero Energy Institute
The University of Birmingham is to build a net zero carbon facility to house its Energy Institute and expand its energy and research function.
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NewsPaul Love joins Savills building and project consultancy team
Savills has added to its building and project consultancy (BPC) team with the appointment of Paul Love, who joins as a director in the firm’s Cardiff office.
