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OnlineCountryside Properties buys Derbyshire land to build 265 homes
Developer Countryside Partnerships has acquired a 25-acre site in Shirebrook, Derbyshire, from public body Homes England to build 265 homes.
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Pye appointed Montagu Evans’ head of sustainability
Planning and development consultancy Montagu Evans has appointed Oliver Pye as head of sustainability.
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Compulsory purchase laws review launched
The Law Commission of England and Wales is launching a review of laws on land acquisition and compensation in compulsory purchase schemes to understand whether they are fit for future development projects.
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Faithful+Gould and BDP to plan last phase of Liverpool’s Kings Dock
Regeneration of Liverpool’s Kings Dock is set to enter its final stage after the city’s council appointed Faithful+Gould as development manager and BDP as architect to create a mixed-use development plan for the 7.6-acre waterfront site.
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Deloitte Crane Survey shows office construction levels fell in 2022
The number of office developments completed in Belfast, Birmingham, Leeds and Manchester fell 13% in 2022 compared with 2021, according to the Deloitte Crane Survey.
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Manière de Voir signs for flagship physical London store
Online fashion retailer Manière de Voir has taken space at Hines’ Oxbourne House development above Bond Street station in London for its first physical store worldwide.
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Jastar Capital buys London aparthotel in £40m-plus deal
London aparthotel Native Bankside has been sold by Create REIT to Jastar Capital in a deal in excess of £40m.
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Caisson and iO agree merger
Caisson Investment Management and iO Asset Management have agreed to merge, combining around £1bn of light industrial and logistics assets under management across the UK and Europe.
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Former Avant boss reveals management team for housebuilding venture
Former Avant Homes boss Mark Mitchell has appointed Jeremy Gledhill as chief finance officer and Richard Hall as head of procurement at his new housebuilding venture Honey.
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Innovation-led assets drive 68% leap in profit at Bruntwood
Bruntwood has reported its second best ever profit, at £75.2m, and a 10.7% jump in net asset value (NAV) for the year to the end of September.
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Palace Capital embarks on second shareback in a less than a year
Palace Capital is set to launch another share buyback programme, following its repurchase of 2.3m shares in July 2022.
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Property Week digital edition - 3 February 2023
New register requires UK investors to be more vigilant on overseas vendors; Assael Architecture’s Katie Cairns on how housing developers can help meet government’s net zero target; Supreme Court ruling in landmark Blacks service charge case offers hope for both landlords and tenants
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Target Healthcare suffers NTA hit as yield movement forces valuation fall
Valuation falls at Target Healthcare led to a drop in net tangible assets (NTA) during the final three months of 2022.
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ReSI reveals NAV fall
Residential Secure Income (ReSI) has reported a fall in net asset value (NAV) during the final quarter of the year.
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NAV at UK Commercial Property REIT slumps 21.5%
UK Commercial Property REIT has revealed a sharp fall in net asset value (NAV) during the final three months of 2022.
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Savills IM completes €3.6bn of deals in 2022
Savills Investment Management struck more than €3.6bn (£3.2bn) in private real estate equity deals around the world during 2022.
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Pluto Finance appoints new head of lending
Pluto Finance has appointed NatWest’s former head of real estate lending Phil Hooper to the firm.
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NAV falls 12% at Picton as yields move out
Picton’s net asset value (NAV) fell 12% in the final quarter of 2022 as the group suffered from industry-wide yield movements and a worsening economy.
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Harworth takes valuation hit but housebuilder demand remains robust
Harworth Group has said yield movements and “softening macroeconomic conditions” hit valuations in 2022 in an end-of-year update.
