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News
Why Gove’s proposed ground rent plan is nuts
The phrase ‘sledgehammer to crack a nut’ doesn’t quite measure up when it comes to the overblown solutions that housing secretary Michael Gove is weighing up to fix problems with residential ground rent.
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St George chair on the regeneration lessons of London’s Imperial Wharf project
Research by Envoy Partnership has revealed that St George’s Imperial Wharf brownfield regeneration scheme in Fulham, London, has created £860m of economic and social benefits.
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Property sector says Gove’s plan to cap ground rent will not work
Experts say the options proposed would interfere with legitimate property contracts.
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Asset quality key as property is tipped for subdued 2024 growth
IPF leads predictions of modest rental growth and stabilising capital values in 2024.
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Landsec fully lets landmark Lucent West End scheme
Verition Fund Management signed for final floor of scheme behind Piccadilly Lights.
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Out of town retail pioneer Geoff Mason passes away aged 83
The Mason Partners founder will be ’dearly missed’.
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‘Bizarre Building Safety Levy will worsen housing crisis’, BPF warns
BPF brands inclusion of BTR, PBSA and senior housing ’bizarre’ as second consultation on levy opens.
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Mitsubishi and Stanhope bag trio of tenants for 8 Bishopsgate
Landmark office scheme over 80% let or under offer as BancTrust & Co, AEW and Helios Towers take space.
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Next 485-home phase of SP+ & Lovell’s Salford scheme gets greenlight
Lovell Together and SP+ secure consentfor 485-home phase of Pendelton scheme.
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Mayors in talks to revive HS2’s northern leg with private investment
Andy Burnham and Andy Street hatch plans to revive West Midlands to Manchester branch.
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Telford Homes gets go ahead on 1,000-unit Ilford BTR scheme
Reworked plans for east London residential scheme get the green light.
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Court of Appeal delivers blow to Adler’s €6bn debt restructuring plan
Lower court’s approval for restructuring to save German property group from insolvency is overruled
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Experts warns mooted 99% mortgage scheme would be unaffordable
Government plan to help first-time buyers could spur house price inflation, industry figures say.
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Cross-party MPs criticise DLUHC’s ‘thin gruel’ levelling up progress
MPs slam rate at which government has allocated funds
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@peterproperty on the future of shopping malls
Landsec boss Mark Allan last week signalled a desire to spend up to £1bn on retail. Half may go on Liverpool One.
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BPF launches public-private partnerships pilot to drive regeneration
Organisation aims for three or four local authorities to join scheme this year.
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LGIM lands Colgate letting at Woking office development
Toothpaste company is latest tenant at Legal & General’s Woking office development
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CREI offloads Milton Keynes warehouse for £8m
Custodian Property Income REIT has sold the 52,000 sq ft warehouse on Bradbourne Drive, Tilbrook Industrial Estate, to an unnamed buyer.
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KKR acquires two BTR blocks in Wembley Park
The investment firm has bought a pair of west London assets from Quintain.
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Henry Boot grows landbank amid ‘continued demand’ for strategic sites
The developer’s total land portfolio has increased to 100,972 plots.