British Land and Royal London form £385m JV on west London science scheme
Firms launch 50:50 joint venture to develop a science and innovation building at 1 Triton Square in West London.
Prime London sales values dip in February
Supply and demand begin to balance in lettings market as rental growth stabilises, LonRes finds.
Levelling up delays ‘absolutely astonishing’, parliamentary watchdog finds
The Public Accounts Committee found no compelling examples of what levelling up has delivered so far.
Gove intervenes on London Plan to boost housing delivery
The housing secretary has told London mayor Sadiq Khan that the plan is holding back housebuilding in the capital.
Langham Estate promotes Pugh to CEO following £340m Lotus Portfolio sale
Pugh takes the helm following the sale of central London portfolio to Oval Real Estate.
Frederick joins Impact Healthcare board as Hall retires
He has been appointed to the board of the REIT as an independent non-executive director.
Khan pledges to deliver 40,000 council homes if re-elected
This comes after the mayor of London also unveiled a new £100m Housing Kickstarter Fund.
Price Bailey data reveals pub closures at highest point in over a decade
The number of UK pubs fell from 41,015 to 38,175 in the 10 years to the end of 2023, recently released data shows.
Hartwell unveils £35m masterplan for Wootton Science Park
The proposed scheme to the south-west of Oxford would total more than 100,000 sq ft.
Avison Young moves offices to new London West End flex space
AY’s lease on its Ganton Street office expires this month, while its Gresham House lease expires next year.
Urban Logistics in late bid to gazump Custodian and API merger
The REIT has urged abrdn Property Income Trust to “call a halt” to its proposed merger with Custodian.
Campaigners plot legal challenge to £700m ITV South Bank studios redevelopment
The scheme has just successfully emerged from an 18-month judicial review process led by Michael Gove
JR Capital and Chancerygate seal £9m deal for Liverpool sheds
The deal for the 120,000 sq ft fully let industrial estate includes 10 acres of adjacent land suitable for development.
The Gym Group targets 50 new sites over next three years
The firm announced its new strategy as it reported full-year figures for 2023.
Modular developer Lighthouse files administration notice
The company said it was continuing efforts to secure the future of the business.
Greencore secures £30m investment to support sustainable development
The funding will support the developer’s plans to build up to 10,000 low-carbon homes.
Berkeley on track to report £550m pre-tax profit for year to end of April
Trading update confirms housebuilder expects to achieve £1.5bn three-year profit forecast by April 2026.
CMA launches investigation into Barratt’s £2.5bn takeover of Redrow
The CMA may proactively contact companies and organisations active in the markets affected by the deal.
John Lewis axes plans for housing to contribute 40% of profits
Last October the group announced it entered the BTR market and launched a management services business.
M&S given three weeks to update Gove on flagship store plans
The retail giant has the opportunity to resubmit plans to rebuild its Oxford Street store.
Homes England acquires Worthing site to deliver 250 homes
The acquisition forms part of the body’s plans to regenerate challenging brownfield areas.
Vistry announces £34m affordable housing deal with Platform Housing
The funding will be used to support the delivery of 133 MMC homes in Rushden.
Homes England and West Mids authority sign deal to boost housebuilding
Up to £400m has been earmarked through a devolution deal for affordable housing.
Surrey strikes £32.2m deal to buy offices from cash-strapped Woking Council
Surrey County Council will move staff into Victoria Gate building, formerly let to McLaren, later this year.