Official figures showed that house prices fell slightly during May but the annual pace of house price declines eased to 12.5%, from 13% in April. The average house price stood at £188,991 in May, down from £189,215 in April.
Edmond de Rothschild Real Estate Investment Management (EDR REIM) has bought its second build-to-rent residential development, the £60m Merlin Wharf in Leicester.
Countryside has acquired the Sulis Down scheme on the southern edge of Bath – its first site purchase in the South West. The company will deliver 171 homes on the 16.4 acre site of which 40% will be affordable.
Weston Homes has backed away from its court challenge to housing secretary Robert Jenrick over the development of its controversial £271m Anglia Square scheme in Norwich.
DB Cargo has appointed Glenny to sublet space at London Eurohub.
The number of planning applications and construction starts on tall buildings in London nosedived last year as a result of the coronavirus pandemic, an industry survey has revealed.
Office take-up in Edinburgh and Glasgow has plummeted due to the Covid-19 pandemic, research from CBRE has revealed.
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