Latest Residential News
Terra Firma acquires Hopkins Homes as founder leaves
Private equity firm Terra Firma has completed the acquisition of Hopkins Homes as the housebuilder’s founder James Hopkins leaves the company.
OnTheMarket ahead of profit target
Property portal OnTheMarket has revealed it is operating ahead of profit forecasts in an update to investors.
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Town Centre Securities and Glenbrook team up for Leeds mixed-use scheme
Town Centre Securities has formed a joint venture with Glenbrook to develop the Whitehall Riverside scheme in Leeds city centre with a £280m GDV.
Council sells Croydon Park Hotel to Amro and Flemyn
Croydon Council has sold the Croydon Park Hotel to a joint venture between build-to-rent (BTR) developer Amro Partners and family office Flemyn for £25m.
Government could take 400 years to fix cladding crisis
The government is predicted to take almost 400 years to fix the UK’s buildings affected by unsafe cladding, if the current pace continues.
Galliford Try provides positive half-year update
Galliford Try has told investors the developer is “performing well” in a trading update for the six months to the end of December.
House prices rise 7.6% on last year
The average price of a property coming to the market this month has increased by 0.3% (+£852) to £341,019, according to Rightmove’s House Price Index.
Watkin Jones posts strong annual figures
Watkin Jones has produced a 10.8% rise in operating profit for the year to the end of September.
Taylor Wimpey shows post-lockdown boost
Housebuilding giant Taylor Wimpey saw home completions rocket 47% in 2021 as Covid restrictions eased, leading to demand from buyers increasing.
Inland Homes wins battle over Hillingdon development
Inland Homes has won it battle the London Borough of Hillingdon to develop 514 homes in the West London council area.
