All News articles – Page 6
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NewsThis week in…2018
Toys R Us was forced to close all 106 of its UK stores, after administrators failed to find a buyer for the retailer after six weeks.
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Sector renews calls for additional remediation funding as contract deadline passes
Developers have urged government to take further action to hold all parties responsible for building remediation work after the deadline for housing secretary Michael Gove’s Building Safety Contract passed without full enrolment.
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Spring Budget: Hunt ‘missed the opportunity’ to reduce embodied carbon in retrofitting
The chancellor has been accused of missing the opportunity to introduce tax incentives for reducing embodied carbon in retrofit and refurbishment projects in this year’s Spring Budget.
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Spring Budget: £500m boost for West Midlands housing and regeneration
The Deeper Devolution Deal for the West Midlands Combined Authority (WMCA) confirmed in chancellor Jeremy Hunt’s Spring Budget has secured £500m to support housing and regeneration across the region.
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Royal Docks transformation plan featuring F1 circuit revealed
The LDN Collective, a network of built environment specialists, and engineering consultants Dar Group have unveiled a plan to transform Royal Docks in east London into a waterfront destination for sports, leisure and entertainment.
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Spring Budget: There cannot be economic growth if housing market is not fixed
The Spring Budget focused on the government’s plans to boost economic growth, but property experts say there cannot be sustainable economic growth if the housing market is not fixed first.
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Spring Budget: UK avoids technical recession this year
The UK will not enter a recession this year, chancellor Jeremy Hunt has said in his Spring Budget as he announced the government’s main priorities will be on reducing inflation and debt and delivering long-term sustainable growth in the economy.
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Abstract gains consent for 140,000 sq ft Cambridge life sciences facility
Investor Abstract Securities has received detailed planning consent to build 140,000 sq ft of laboratory space in Cambridge with scope to increase the development by a further 40,000 sq ft.
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Developing 50% affordable housing on smaller sites could see delivery of 1.6 million homes
Proposals put forward by developer Pocket Living as part of the consultation on the National Planning Policy Framework (NPPF) have received major backing this week, after research from LDS Sales Guarantees found 1.6 million new homes could be delivered this way.
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Leftfield agrees £15.2m Banbury shed deal with motorsport’s Prodrive
Property investor Leftfield Advisors has acquired a 128,046 sq ft logistics unit in Banbury for £15.2m from motor racing engineering company Prodrive Motorsport.
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Logicor lets Swindon Keypoints 224 to Panther Logistics
Panther Logistics has signed a 10-year lease with Logicor at Keypoint 224 in Swindon.
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Abode Heat raises alarm over scale of home EPC retrofits needed
Renewable heat provider Abode Heat has reported that around 44% of homes may need to be retrofitted by landlords to meet Energy Performance Certificate (EPC) requirements by 2025.
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Hillingdon Council approves 90 homes on former London RAF site
Hillingdon Council’s planning committee has approved a 90-home development at the former RAF Uxbridge site.
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Levelling up ‘failed’ in Northern Ireland but regional opportunities remain, says Mipim panel
Levelling Up has “failed” in Northern Ireland, leaving the region two decades behind the rest of the UK, according to Belfast City Council chief executive John Walsh.
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IWG adds employee perks for workspace users
Flexible workspace provider IWG aims to broaden the range of services it offers as it expands from the provision of space to the provision of services, chief executive Mark Dixon told Property Week at Mipim in Cannes.
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Studies show London economy set to outperform global peers by 2030 while office sector in ‘state of flux’
London’s economic output is set to outperform its global peers, including New York, Paris, Berlin and Hong Kong, by 2030, according to a report by the London Property Alliance (LPA).
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Obayashi buys London’s 60 Gracechurch Street
Obayashi Properties UK, a subsidiary of Japanese construction group Obayashi Corporation, has bought 60 Gracechurch Street for around £160m from German investment and asset manager KGAL Investment Management.
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Consortium formed to masterplan Manchester life sciences and student accommodation quarter
McLaren Property, Property Alliance Group (Alliance), Moda Living and Kadans Science Partner have formed a partnership to create a masterplan featuring 700,000 sq ft of life sciences space and student accommodation with 1,840 beds for a project at Upper Brook Street in Ardwick, Manchester.
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Hampshire Trust Bank completes £7.5m exit deal for Manchester resi scheme
Hampshire Trust Bank (HTB) has provided a large North West developer and private rental company with a £7.5m loan to help it complete and sell a Manchester residential scheme.
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CMA probe into housebuilders threatens to disrupt industry
Regulator may propose competition test for housing sites or forced sales to level playing field for small developers.
