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
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.
Scape Living secures £105m loan for Hammersmith student scheme
NatWest and Virgin Money to fund west London development.
Crest Nicholson CEO to quit after posting 70% slump in annual profit
Crest Nicholson chief executive Peter Truscott is quitting the company after the housebuilding giant revealed a 70% slump in annual profit.
Out of town retail pioneer Geoff Mason passes away aged 83
The Mason Partners founder will be ’dearly missed’.
Landsec fully lets landmark Lucent West End scheme
Verition Fund Management signed for final floor of scheme behind Piccadilly Lights.
‘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.
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.
Next 485-home phase of SP+ & Lovell’s Salford scheme gets greenlight
Lovell Together and SP+ secure consentfor 485-home phase of Pendelton scheme.
Telford Homes gets go ahead on 1,000-unit Ilford BTR scheme
Reworked plans for east London residential scheme get the green light.
I-RES repeats plea to investors to reject activist investor proposals
The board of Irish Residential Properties REIT has urged investors to vote against all resolutions proposed by Vision Capital, a 5% shareholder in the company.
Abrdn reveals £150m cost-cutting plans
Investment giant abrdn has confirmed it is set to shed around 500 jobs as it seeks to slash annual costs and make its business more profitable.
City planners approve £200m Gresham Street office retrofit
Green light for JP Morgan AM’s City office refurb
Cross-party MPs criticise DLUHC’s ‘thin gruel’ levelling up progress
MPs slam rate at which government has allocated funds
BPF launches public-private partnerships pilot to drive regeneration
Organisation aims for three or four local authorities to join scheme this year.
Northern Ireland Investment Fund provides £28m loan on Belfast hotel
JMK Group lands development finance for Titanic Quarter hotel scheme.
GPE reports ERV uplift, but remains cautious
Investor reports leasing in Q4 2023 was 10.4% ahead of estimated rental values.
Watkin Jones swings to full-year loss as it eyes 2024 recovery
The student accommodation and build-to-rent developer went into the red during the 12 months to the end of last September.
Experts warns mooted 99% mortgage scheme would be unaffordable
Government plan to help first-time buyers could spur house price inflation, industry figures say.
@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.
LGIM lands Colgate letting at Woking office development
Toothpaste company is latest tenant at Legal & General’s Woking office development
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.
KKR acquires two BTR blocks in Wembley Park
The investment firm has bought a pair of west London assets from Quintain.
Henry Boot grows landbank amid ‘continued demand’ for strategic sites
The developer’s total land portfolio has increased to 100,972 plots.