Peter Bill is a former property editor, journalist, columnist for the Evening Standard from 2007-15 and author of Planet Property. You can follow him on Twitter @peterproperty
Last month, Michael Gove deployed his Section 31 powers again – this time to stop the demolition of the ITV Studios on the South Bank. His actions have threatened to chill relations with the property industry and heated up the debate on what counts as carbon-saving development. Peter Bill reports
A RICS report has called for the ‘primary mechanism’ for valuing real estate to shift from estimating the ‘exchange price’ to values based on future income calculated using discounted cashflow (DCF).
Peter Bill reappraises the life of Centre Point’s Harry Hyams, a man more interested in collecting than developing. Those who knew the real Harry talk of the man once vilified as ‘the Howard Hughes of Property’.
Five members of the RICS Governing Council (GC) are absorbing a 400-page report by Alison Levitt QC on the circumstances surrounding the sacking of four members of the institution’s management board in November 2019. This steering group will issue directions to the ruling body’s other 21 members.
Urban & Civic intends to double in size over the next five years. In January, the master-developer, founded by Nigel Hugill and Robin Butler in 2009, was bought for £506m by the Wellcome Trust. Peter Pereira Gray runs the trust’s £32bn portfolio, which gained 12.9% in value last year.
A Pharmacy2U vaccination centre popped up last week in a former Laura Ashley store in the Fremlin Walk shopping centre in Maidstone. The signage is pop-up, not permanent. But some feel an injection of outpatient treatment centres into shopping centres could inoculate some stores against death by Amazon.
A decade into a debate on ways to restore the Palace of Westminster, the grand and good greyheads in charge will be gratified to learn the passage of time has opened up a new decant option. Room enough for 1,500 displaced parliamentary staff will become available at 7 Millbank in ...