All Residential articles
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News
London Square acquires former care homes site in Chelsea for £54m
The former later living asset is next to Royal Hospital Chelsea, home to the Chelsea Pensioners.
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Cala Homes reports fall in profit but maintains sales rate
Profit before tax decreased 34% to £112m in 2023, but the housebuilder delivered robust sales per site per week of 0.63.
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Levelling-up committee launches inquiry into housebuying and selling
The committee will examine the transaction process, the information available to buyers and the role of conveyancers and agents.
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Greystar and Henderson seek offers above £325m for two London BTR sites
The schemes in Croydon and Walthamstow have 546 and 257 homes respectively.
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Greystar acquires 420-unit Southampton student accommodation asset
The Capital House PBSA scheme was completed in 2018 by Keir Property Developments.
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Wandsworth council rejects 450-home Barratt development
The developer has attacked the decision as it “unnecessarily delayed private and affordable housing”.
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Association for Rental Living launches BTR code of practice
The association is calling on the industry to road test the code in a bid to improve industry standards.
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Building Safety Regulator registrations near target level after deadline extension
Deadline was extended due to fears that a shortage of qualified inspectors would hamper housing development.
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Glasgow council approves 2030 city regeneration strategy
The new strategy will see billions of pounds in public and private investment ploughed into the city centre.
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Abri and Vistry partner to develop 1,500 homes in West Sussex
The 50/50 joint venture will develop the scheme on a former airfield site in Arundel.
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Wates raises profits amid record forward order book of £8.5bn
New contract wins included homes on the Wembley Housing Zone and the Gascoigne East Phase 3B project in Barking.
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Treasury plans to scrap Gove’s ground rent cap
Move follows warning that capping ground rents to a nominal sum could cost investors around £31bn.
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ICG lends Salboy £100m to fund Manchester resi development
The deal supports ICG Real Estate’s strategy to fund assets in sectors with “compelling long-term structural drivers”.
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Natwest pledges to invest £5bn in UK social housing
The funding will be distributed across the sector between 2024 and the end of 2026.
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Online
Half-year profit slumps at Bellway, but group sees sign of recovery in housing market
The housebuilding giant has posted a 57% drop in profit during the first six months of its financial year.
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Mansion linked to postal fraud case to go under the hammer
Landwood Property Auctions has been instructed to manage the sale.
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Plentific property management platform wins five social landlord contracts
London council and housing associations will use the platform to improve repairs, maintenance and tenant communication.
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Rangeford Villages signs ‘earn and learn’ workforce commitment
The 5% Club is an initiative focused on driving momentum into the recruitment of apprentices, graduates and sponsored students.
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Moat secures £100m funding for retrofits and housebuilding
The Lloyds Bank loan will accelerate the the housing association’s sustainability ambitions.
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Urban Splash creates board to steer development of 4,500-home pipeline
The regeneration company has also committed to develop 500,000 sq ft of new commercial space.