North West regeneration specialist Placefirst has been granted permission to add 52 new homes to its Welsh Streets scheme in Liverpool.
Theresa May’s plans to introduce legacy legislation to reduce UK carbon emissions to net zero by 2050 means the property industry has nowhere to hide and all involved must step up their plans to mitigate carbon emissions across their portfolios immediately.
Greystar has teamed up with Henderson Park to complete the £101m acquisition of the former Royal Mail depot in Nine Elms, and the pair have secured a £385m loan to fund the development of an 894-home build-to-rent scheme on the site.
Investec has agreed to provide Valor Real Estate Partners with a £27m senior loan to fund the speculative development of a 153,000 sq ft, grade A urban logistics park in Mitcham, South London.
Editor: The new Financial Conduct Authority (FCA) rules for governing the burgeoning peer-to-peer (P2P) lending sector should be welcomed by the industry, especially in the current climate (‘ FCA reveals new P2P rules days after Lendy collapses ’). However, they are not enough.