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
Scape Living secures £105m loan for Hammersmith student scheme
NatWest and Virgin Money to fund west London development.
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.
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.
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.
Knight Frank and Savills market rare Kensington resi development site
Knight Frank and Savills have started marketing a site in London’s Kensington with consent for a residential scheme with a gross development value of £50m.
Get Living to pay £18m in east London fire safety remediation test case
A tribunal has ruled that Get Living is liable to pay £18m towards the completion of building remediation work following a legal battle with Triathlon Homes.
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).
Green light for £26m Hammersmith & Fulham care home
Care Concern Group has secured planning permission for the 81-bed scheme.
Fresh plans submitted for former Colgate-Palmolive factory
The Soapworks proposals include 450 new homes and more than 145,000 sq ft of office space.
Grenfell insulation firm Kingspan ‘gives capitalism a bad name’, says Gove
Housing secretary accuses Grenfell Tower-linked company of “trying to wiggle out of their responsibilities”.
Green light for major Manchester life sciences and PBSA scheme
The Property Alliance Group, Moda Living and Williams Motor Holdings have secured planning permission for a £450m life science facilities and purpose-built student accommodation (PBSA) scheme in Manchester.
‘Foolhardy’ DfT ends safeguarding of land for axed HS2 route
Restrictions preventing the development of land for Phase 2a of HS2 have been removed, the transport secretary has announced.
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.
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.
Gatehouse acquires 170 homes from Persimmon
The BTR specialist has acquired 174 homes across the West Midlands for £35m.
