All articles by Samuel Horti – Page 8
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Online
The Collective to sell its £100m Old Oak co-living scheme
The Collective is selling its 323-flat co-living scheme in Old Oak and is expecting bids higher than £100m.
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Insight
What needs to happen for modular to really take off?
Interest in modular construction is on the up. Housing minister Gavin Barwell has described it as “a huge opportunity to increase housing supply” and big names such as Berkeley Homes, Legal General and Urban Splash have made significant commitments in the past year.
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News
Wirefox to buy Glasgow’s Capella building
Wirefox, a Northern Irish investment company backed by Hong Kong equity, is set to continue its Scottish spending spree with the purchase of the 116,978 sq ft Capella building in Glasgow for about £45m, Property Week can reveal.
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News
Edinburgh office hits the market for £30m
The 58,000 sq ft Quartermile 2 office building in Edinburgh has been put up for sale with a guide price of around £30m.
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News
Scottish Courts and Tribunal Service eyes 6 Atlantic Quay
The Scottish Courts and Tribunal Service is closing in on an 80,000 sq ft letting at 6 Atlantic Quay in Glasgow, ending a year-long search for space in the city.
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Insight
Theresa May’s housebuilding proposals stoke controversy
Aside from Brexit, housing is perhaps the most important political battleground ahead of next month’s general election.
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Insight
Clouds gather over UK housing market
The latest housing market surveys from the RICS, Nationwide and Halifax make for grim reading.
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News
HSBC and LaSalle seek buyer for retail-to-residential site
HSBC Bank Pension Trust and LaSalle Investment Management are looking to offload a retail park in Watford for around £50m that is earmarked for a 1,000-unit residential scheme.
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News
Double hire boosts L&G's resi growth
Legal General has made a double hire to strengthen its housing team, poaching two senior figures from Berkeley Homes and build-to-rent (BTR) developer Essential Living.
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News
Wirefox nearing £57m deal for Ocean Terminal in Edinburgh
Wirefox, a Northern Irish investment company acting on behalf of Hong Kong equity, is under offer to buy Ocean Terminal shopping centre in Edinburgh for around £57m, Property Week understands.
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News
Lothbury to convert London assets into PRS developments
Lothbury Investment Management is working up plans to convert several of its office and retail assets in London into private rented sector (PRS) developments of at least 150 units each, Property Week can reveal.
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Online
Distrelec consolidates European jobs in 2 St Peter's Square, Manchester
Swiss distribution company Distrelec have signed a ten-year lease at 2 St Peter’s Square in Manchester, consolidating jobs from around Europe into the city.
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Insight
Northern focus pays dividends for Avant
The latest financial results of mid-market housebuilder Avant Homes illustrate just how well the regional housing market has held up in the wake of the EU referendum result.
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Insight
North American investors set to swoop on UK build-to-rent
The UK’s build-to-rent (BTR) sector is expected to enjoy exponential growth over the coming years. Knight Frank estimates that £25bn has been invested in the nascent sector to date and forecasts that this will increase to £70bn by 2022.
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News
Platform_ tempts Druckman from Whitbread
Build-to-rent (BTR) developer Platform_ has poached Alan Druckman from Premier Inn owner Whitbread to lead its operations and commercial division.
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News
Foundation unveils plans for first BTR developments
New build-to-rent (BTR) developer Foundation Real Estate has unveiled plans for two schemes with a combined development value of £186m and hired two industry veterans to help bring forward more sites.
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News
More housing planned at former Uxbridge RAF base
St Modwen has unveiled plans for a new £90m phase of development at a former RAF base site in Uxbridge, west London, which will comprise 246 residential apartments.
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News
Hill & Origin JV to deliver £46m Harrow housing
A joint venture between housebuilder Hill and housing association Origin Housing will deliver a £46m development in Harrow.
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Insight
BTR outlook bullish despite housing market slowdown
These are uncertain times for the residential market. House price growth is petering out and prices could well start to fall if the economy slows ahead of Brexit and rising inflation puts pressure on household finances.
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News
Residential transactions above £500,000 slump 14%
The number of residential transactions above £500,000 slumped by 14% in Q1, prompting warnings of “knock-on effects” on the wider market and adding fuel to Property Week’s Call Off Duty campaign.