All Property Week articles in 12 January 2024
View all stories from this issue.
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Insight
Barratt Developments’ Gemma Webb on encouraging women into construction
Of the 2.7 million people working in the construction sector, fewer than 15% are women. That sounds like a statistic from the 1950s, but is in fact a sad reflection of where we are today.
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News
Rising costs add to planning headaches for SMEs
Almost half of SME developers have said the cost of gaining planning permission has jumped more than 30% over the past three years, as difficulties in securing approval remain their biggest hurdle to growth, according to the Home Builders Federation (HBF).
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Insight
Local Village Network’s Rachael Box on shifting attitudes to property as a career
Local Village Network (LVN) is a grass-roots charity that supports young people from disadvantaged backgrounds to develop new skills and identify employment pathways. In 2023, it partnered with 12 companies from the property and construction sector to support over 300 young people as part of the Mayor of London’s Design ...
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News
Gatehouse acquires 170 homes from Persimmon
The BTR specialist has acquired 174 homes across the West Midlands for £35m.
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News
Tory MP tables landlord-friendly amendments to Renters Reform Bill
Conservative MP Anthony Mangnall has tabled a series of amendments to the long-awaited bill ahead of its report stage.
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News
SCIP wins approval for 256 Cambridgeshire low-carbon homes
The South Cambridgeshire Investment Partnership (SCIP) has secured planning permission to develop a 256 low-carbon home scheme in Cambourne.
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News
Savills and Birchgrove discuss why the rental model makes sense for the later living sector
Honor Barratt, chief executive of assisted living developer Birchgrove, and Caryn Donahue, head of the senior living and healthcare team at Savills, speak to Montfort’s Andrew Teacher about the state of the later living sector.
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Online
Peppercorn ground rent cap ‘disastrous’ for investors, experts tell DLUHC
Capping ground rents at a peppercorn would have “disastrous consequences” for investors and could cost taxpayers £31bn in compensation, property experts said as the government’s consultation on the matter closed.
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News
Casa by Moda buys Doncaster site for third neighbourhood
Casa by Moda group’s single-family homes division acquires 100 Doncaster units from Albemarle Homes.
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News
Newcastle-under-Lyme PBSA scheme gets £11m funding boost
Integritas Property Group will redevelop a purpose-built student accommodation scheme after receiving funding from the Brydg group.
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News
McLaren gets nod for £36m Bournemouth PBSA development
Planning permission secured for 170-bed student accommodation scheme with a £36m GDV.
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News
Vistry acquires 760 resi plots in Swindon from Henry Boot
Housebuilder Vistry has bought 759 residential plots in Swindon from Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), for an undisclosed price.
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News
London’s luxury resi sales highest since 2013 despite slowing, says Savills
London’s residential market for properties priced £5m-plus slowed in 2023 but were still at their highest since 2013, according to Savills.
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News
Tri7 and Fusion greenlit for 541-bed PBSA scheme in Loughborough
The joint venture has secured planning permission for a purpose-built student accommodation scheme in Leicestershire.
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News
Stockport MDC unveils plans for £250m resi scheme
Stockport Mayoral Development Corporation and the English Cities Fund have unveiled plans to develop a mixed-use residential neighbourhood in Stockport.
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Online
Aviva Investors pays £150m for student digs portfolio
Aviva Investors has acquired a portfolio of six student assets and a mixed-use commercial investment for £150m.
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Online
NewRiver hits record occupancy level
NewRiver REIT has achieved record occupancy across its regional retail portfolio following a “strong leasing performance” during its third quarter.
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Online
Home REIT board to walk away from troubled firm en masse
The board of the troubled residential investor Home REIT is set to resign en masse following the appointment of a new chairman.
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News
Goldman Sachs and Tene Living acquire 260 BTR units in Wembley
Goldman Sachs Asset Management and Tene Living acquire three build-to-rent (BTR) assets from Quintain.
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News
Shareholders vote to keep Glasgow’s Reidvale Housing Association independent
Shareholders of Glasgow-based Reidvale Housing Association (RHA) have voted against residents to reject proposals to amalgamate with nationwide association Places for People Scotland.