Jones Lang LaSalle said that it would offer 5.5 million shares in an underwritten public offering, which should raise $200m (£122.4m) to pay off the company’s debts.
The number of planning applications granted consent by local authorities in England increased 9% for the year ending June 2021.
The Labour Party plans to give first-time buyers “first dibs” on new builds for six months and will also pledge to reform rules governing how developers contribute towards affordable housing.
Present Made and Apache Capital have submitted plans to deliver a residential scheme with a GDV of £160m for the University of Cambridge.
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