RGI International, the AIM-listed Russian residential property developer, increased the net asset value of its portfolio first-half of this year from $305m (£150.8m) to $1.7bn. The Times
Housing secretary Michael Gove has threatened to reject planning applications by major developers if they fail to provide £4bn to remediate unsafe cladding.
A Schroders joint venture has acquired The Brewery retail warehouse and leisure scheme in Romford, east London, for £162m.
A lack of clarity surrounding the restoration of the Palace of Westminster means the project risks “spending money without the programme progressing”, an official government watchdog has warned.
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