Latest Residential News
Lodha to press ahead with redevelopment of Kensington Odeon
Developer Minerva has sold its controversial Kensington Odeon site to a private development fund, which plans to progress with approved plans for a mixed-use redevelopment.
The Collective unveils plans for $450m New York co-living debut
Co-living firm The Collective has announced plans to develop a $450m (£343m) 350,000 sq ft scheme in New York City which will serve as its flagship location in the US.
Triple Point exceeds target with £108m initial raise
Specialist REIT Triple Point Social Housing has raised gross proceeds of £108.15m from an initial share raise and triggered a second supplementary raise.
Ringley acquires JP Hay for BTR expansion
The Ringley Group has acquired fellow property management specialist JP Hay to support its growth in the build-to-rent (BTR) market.
Green light for Platform_ to deliver Sheffield BTR
Build-to-rent developer Platform_ has secured planning permission to deliver a new 335 home site in Sheffield city centre.
90 North makes Scottish PBSA acquisition from Maven
Maven Capital Partners has achieved a major mark-up in selling its 16 bed purpose built student accommodation (“PBSA”) development in Dundee to 90 North Real Estate Partners.
Peel to launch housebuilding division
Peel Land and Property is set to launch a new housebuilding division, and has appointed Phil Wilson from Harworth Group to be its chief executive.
Crest Nicholson issues profit warning as Brexit bites
Housebuilder Crest Nicholson has warned profits will be lower than expected because buyers have been put off by “political and economic uncertainties” as Brexit approaches.
Guinness acquires two-acre Bromley-by-Bow site
Affordable housing provider Guinness Partnership has successfully completed the acquisition of a residential scheme in Bromley-by-Bow from Danescroft, with backing from Palmer Capital.
LBS uses VR to secure green light for long-delayed £230m Canary Wharf resi-led scheme
Developer LBS Properties has secured planning permission at appeal for a proposed 48-storey mixed-use development adjacent to Canary Wharf at Cubitt Property’s 225 Marsh Wall.
