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Student Accommodation Awards – Meet our winners
The great and the good of the student accommodation market gathered in Greenwich last night (5 December) as Property Week revealed the winners of the Student Accommodation Awards 2023.
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Strettons reveals December auction catalogue
Strettons has launched the catalogue for its upcoming 13 December livestreamed auction, which features a range lots with development and investment potential across the country.
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One-fifth of first-time buyers taking out mortgages over 35 years, says UK Finance
A record-breaking one-fifth of all first-time buyers in the UK are taking out mortgages of more than 35 years in order to get onto the housing ladder, according to UK Finance.
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Gove approves 1,050-home London redevelopment scheme
Housing secretary Michael Gove has approved plans for a 1,049-home redevelopment scheme at Broadway Retail Park, London, one of three major sites in the capital to have received an accelerator loan from Homes England in 2020.
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Housing delivery to be hit as one in five councils ‘likely to declare bankruptcy’, LGA report says
Almost one in five councils said they will or are likely to declare de-facto bankruptcy, significantly impacting housing delivery, according to a survey by the Local Government Association (LGA).
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UKGBC and RICS reports highlight lack of sustainability progress on COP28 Built Environment Day
Reports today (6 December) from the UK Green Building Council (UKGBC) and RICS, published on Built Environment Day at the COP28 climate conference, have revealed a significant lack of progress from the industry in reducing carbon emissions.
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Close Brothers’ property CEO to retire
Frank Pennal is set to retire as chief executive of Close Brothers’ Property business after almost two decades at the helm.
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NAV falls but earnings leap at Schroder European REIT
Schroder European Real Estate Investment Trust’s net asset value (NAV) fell 9% in the six months to the end of September, reflecting “the impact challenging economic and geo-political risks have had on asset valuations”, the company said.
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NAV dips at Custodian
Custodian Property Income REIT’s net asset value (NAV) dipped 3.4% during the six months to the end of September.
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Cityheart acquires £120m residential site in Stockport
Development and regeneration company Cityheart has acquired a 442-home residential village in Stockport with a GDV of £120m, for an undisclosed amount.