Latest Residential News
McCarthy boss Fenton quits after issuing profit warning
McCarthy & Stone boss Clive Fenton has revealed he is to quit, after the retirement home developer issued a profit warning following a “noticeable decline” in reservations.
Countryside and Sigma to develop 5,000 PRS homes
Countryside Properties has revealed an expansion of its strategic partnership with Sigma Capital Group that will see the two companies target the delivery of a further 5,000 private rental sector homes over the next three years.
Trio of Old Oak schemes get green light to kickstart £26bn development
Planning permission has been granted for three developments in Old Oak that represent the first major private sector schemes approved within London’s largest designated ‘Opportunity Area’.
Croydon council clashes with CNM Estates over "nonsense" affordable housing targets
Croydon council’s head of planning Heather Cheesbrough clashed with CNM Estates chairman Wahid Samady over the London mayor’s housing policy after he said the 50% affordable homes target on public land was “a nonsense” during a panel debate at The London Real Estate Forum.
Cording makes Molloy hire to boost resi team
REIM Cording has expanded its private rented sector (PRS) team with the appointment of John Molloy as senior project manager.
Round Hill to forward-fund Watkin Jones’ Project Colorado for expansion plan
Investor poised to forward-fund package of seven student housing developments
Dublin Landings office building hits market for €99m
Joint developers Ballymore and Oxley are set to offer their No. 2 Dublin Landings property to the market for €98.8m (£86.3m).
Sly hire from Berkeley sees L&G boosts housebuilding arm
Legal & General Capital has made a duo of key hires for its housebuilding arm, Legal & General Homes, including recruiting finance director Chris Sly from Berkeley Homes.
Profits down 19% at Mountview Estates
Mountview Estates has blamed the “uncertain economic climate” for a fall in annual pre-tax profits of almost 19%
Seven investors lodge first-round bids for Quintain
Seven investors have tabled offers in the first round of bidding for £3bn build-to-rent specialist Quintain, Property Week understands.
