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NewsDLUHC allocates £8m to quicken cladding repairs
The Department for Levelling Up, Housing and Communities (DLUHC) has dedicated more than £8m to council enforcement teams to hold building owners to account for cladding repairs.
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Tax rule relaxation for REITs to provide a boost for property companies
Property companies looking to use Real Estate Investment Trusts (REITs) have received a boost from rule changes that simplify their tax requirements, relax sales deadlines and clarify legislation on assets with multiple tenants.
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Genesis Homes gains approval for Carlisle development
Genesis Homes has gained approval from Carlisle City Council’s Development Control Committee to build 157 homes on land near Cumberland House Clinic, in Carlisle.
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267 apartments proposed for Manchester’s Northern Quarter
Detailed plans have been submitted for two apartment buildings in the Northern Quarter area of Manchester, which will create 267 homes.
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ICG RE spends £220m in Morrisons sale-and-leaseback deal
ICG Real Estate, part of asset manager Intermediate Capital Group, has acquired a portfolio of seven ambient, chilled and frozen distribution facilities from Wm Morrison Supermarkets for £220m.
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Sama buys Birmingham City Council’s Lancaster Circus site
Birmingham City Council has sold a six-storey council office building on a1.33-acre city centre site to Shariah-compliant property developer Sama Investment Group for an undisclosed amount.
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Strettons offers trio of Falmouth buildings guided at £1.75m in December auction
A vacant property in Falmouth, Cornwall, has been valued at a guide price of £1.75m in Strettons’ December auction.
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Adviser Rapleys acquires peer Aston Rose
Property adviser Rapleys is undertaking its biggest expansion in its 72-year history with the acquisition of London-based peer Aston Rose for an undisclosed amount.
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Kitching Bower named RTPI’s North-West chair
Emilly Kitching Bower, a senior town planner at engineering giant Arup, has been elected chair of the Royal Town Planning Institute’s (RTPI) North West region for 2023.
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McBains’ Michael Lytrides on how senior living BTR can help fill the retirement home void
Over the next two decades, the UKs older population is projected to grow substantially, with people aged 65 and over making up almost a quarter of the population by 2043 – 17.4 million people in total – and the number of over 85s expected to double to 2.6 million.
