Latest Residential News
Bellway marks post-lockdown recovery with 71% leap in annual profit
Housebuilder Bellway produced a 71% leap in profit in the year to the end of July, batting away the impact of lingering Covid-19 restrictions.
Capreon and Revere Life launch senior living JV
Capreon, a Noé Group real estate investment arm, and later living developer and operator Revere Life have launched a joint venture to provide senior living housing in the South East of England and Midlands.
Taylor Wimpey snaps up land at former British Steelworks site
Housebuilder Taylor Wimpey has purchased a 5.9-acre development site in Bymbo, near Wrexham from Brymbo Developments for a 70-home scheme.
New fire safety app for developers launched
Consultancy and advisory firm AESG has developed a B2B app to host and store fire safety information in response to the government Building Safety Bill, Property Week can reveal.
St George and SEGRO enter JV on industrial development in Brent
Berkeley Group’s St George and industrial giant SEGRO have formed a 50:50 joint venture on their first urban multi-storey industrial development in the UK.
Ballymore submits planning for mixed-use scheme at London’s Royal Docks
Ballymore has submitted a planning application for a mixed-use quarter at UNEX-Thames Road Industrial Estate in London’s Royal Docks.
Kings Crescent Homes secures £16.5m Paragon funding for Birmingham development
Kings Crescent Homes has secured a £16.5m finance package from Paragon Development Finance to support its latest scheme in Birmingham’s Jewellery Quarter.
Europa Capital grows UK BTR residential platform with Manchester deal
Europa Capital has entered into a forward funding agreement to acquire a new build-to-rent (BTR) residential development in Manchester’s New Cross district.
Home REIT adds 1,850 beds to homeless accommodation portfolio
Home REIT has spent £166.4m on 23 portfolios comprising 366 properties located across England and Wales.
UK PBSA operators warned of reliance on international students
The UK PBSA sector has been warned not to be over reliant on international students taking rooms following a drop in visas issued to Chinese students and fewer EU students, Property Week can reveal.
