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.
Investment in the UK build-to-rent (BTR) sector reached a record high of £3.5bn for 2020, according to CBRE.
A controversial £250m residential scheme in Richmond which had been rejected by the council has been given the green light by housing secretary Robert Jenrick.
Impact real estate investor Cheyne Capital and North West housing developer Mulbury have confirmed a £32m forward funding deal to finance the building of 144 apartments in Manchester.
Investment in the UK industrial market has soared to its highest-ever level, according to Savills.
Cube and NFU are looking for £200m in forward funding for Unilever’s new 270,000 sq ft campus in Kingston.
Global Mutual has appointed Ritchie Gardiner and Mark Carrington as managing directors.
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