Telford Homes, the East London residential developer, reported a 31% rise in full-year pretax profits to £17.7m, as revenues rose by 54% to £160.4m, helped by strong sales.
Over one third (36%) of local authorities do not have clear policies in place to support housing for the senior population, despite improvement since 2020, Property Week can reveal.
Pension Insurance Corporation (PIC) has committed up to £200m to a joint venture that will fund the development of around 10 new retirement communities across the UK in its first investment into the sector.
Inland Homes has posted a rise in revenue for the six months to the end of March, but losses increase on the same period last year.
Bauer Media has chosen a new central London headquarters after signing a prelet at Lazari Investments’ Euston development The Lantern.
The City of London Corporation has resolved to approve Evans Randall Investors’ plans for a 10-storey, 130,000 sq ft office development at Thavies Inn House, 3-4 Holborn Circus.
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