Latest Residential News
Lucy Frazer out as housing minister
Lucy Frazer is leaving her post as housing minister at the Department of Levelling Up, Housing and Communities, to become the secretary of state for the Department for Culture, Media and Sport (DCMS), as part of prime minister Rishi Sunak’s cabinet reshuffle.
Countryside Properties buys Derbyshire land to build 265 homes
Developer Countryside Partnerships has acquired a 25-acre site in Shirebrook, Derbyshire, from public body Homes England to build 265 homes.
BTR, PBSA and later living should be exempt from Building Safety Levy, says BPF
The British Property Federation (BPF) has called on government to remove build-to-rent, purpose built student accommodation and later living homes from the Building Safety Levy.
Deloitte Crane Survey shows office construction levels fell in 2022
The number of office developments completed in Belfast, Birmingham, Leeds and Manchester fell 13% in 2022 compared with 2021, according to the Deloitte Crane Survey.
BA and GIC join forces with BlackRock on major King’s Cross Tribeca development
BlackRock Alternatives Real Estate has joined forces with British Airways’ pension scheme and Singaporean fund GIC to develop a major life sciences development, Tribeca King’s Cross.
Former Avant boss reveals management team for housebuilding venture
Former Avant Homes boss Mark Mitchell has appointed Jeremy Gledhill as chief finance officer and Richard Hall as head of procurement at his new housebuilding venture Honey.
HUB and Bridges agree £108m deal to forward fund 500-home Leeds scheme
Developer HUB and impact investor Bridges Fund Management have signed a £108m forward-funding deal with Realstar to deliver 488 build-to-rent (BTR) homes in Leeds, renewing a partnership between the firms.
Paragon pledges £30m for Southwark PBSA scheme
Paragon Bank has provided a £29.6m financing package to support the development of a 267-bed purpose built student accommodation (PBSA) scheme in Southwark, south London.
Native Land wins appeal against Westminster City Council
Native Land has scored a rare planning appeal victory against Westminster City Council, overturning the planning committee’s earlier decision to refuse its residential development plans in the prestigious Belgravia area on the basis of insufficient affordable housing provision.
Jastar Capital buys London aparthotel in £40m-plus deal
London aparthotel Native Bankside has been sold by Create REIT to Jastar Capital in a deal in excess of £40m.
