Labour unveils its five ‘golden rules’ for grey belt development
The BPF said the new rules were a welcome step and added to the ”raft of reforms needed to boost housing”.
Vistry leads Q1 rise in property share prices
Fellow housebuilder Redrow also achieved a year-on-year leap in share price, up 40% to 665.2p.
Property Week announces trio of promotions
Changes to deputy editor, news editor and finance editor roles.
ASK lends £18m for co-living scheme in West London
ASK’s client acquired the site and plans to obtain permission to convert the building into a 415-bed co-living scheme.
Holiday firm Kuoni Travel checks in to Manchester Arndale
Kuoni is relocating to Manchester Arndale from its former Manchester city centre location in King Street.
British Land and GIC secure major pre-let from Citadel at Broadgate skyscraper
The hedge fund will take around a third of the office space in the landmark two-tower development.
Palace Capital slashes debt with asset sales
The group said the sales provided “various options for returning capital to shareholders”, including a tender offer.
SEGRO boosts rent roll by £29m in first-quarter trading
The FTSE 100 industrial giant is planning more development and acquistions after raising £907m in equity in February.
Foxtons makes ‘strong start to year’ as market share grows
The estate agent revealed its sale pipeline was at its highest level since the Brexit referendum in 2016.
General Projects submits plans for 185,000 sq ft mixed-use Shoreditch scheme
The project aims to transform an assortment of older buildings into a new low-carbon neighbourhood.
WeWork secures investment for Great Chapel Street refurb
An AI start-up has signed a lease for two full floors, representing 34% of the location’s desk occupancy.
Newcastle council approves £65m shopping centre transformation
Next has pre-let two floors of the former Eldon Square Debenhams store, which is set to be converted.
West Midlands' Belfry hotel begins £80m expansion
The Belfry Hotel & Resort in Sutton Coldfield is building a new event space as part of its expansion.
Fora unveils 70,000 sq ft Henry Wood House flex space in West End
Fora says its occupancy rates at other London’s West End locations stands at over 90%.
Host of restaurants and bars join Shaftesbury’s Soho offering
The Counter, Little Door & Co, Liu Xiaomian and Donia are among the new names.
Investor interest in niche assets ramps up, Rapleys reports
Self-storage and drive-throughs are set for “huge growth” in capital values and rents, according to the adviser.
Topland gets the thumbs up on 585-bed PBSA scheme in Cardiff
The 28-storey student accommodation tower will replace a 1960s vacant office building.
Beech Holdings gets green light for £55m Sheffield BTR scheme
The project includes nearly 160 apartments plus amenity spaces including a gym.
Barratt acquires 570-home King’s Lynn scheme
The scheme spans almost 100 acres and will include over 100 affordable homes.
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Axis Retail Partners’ MD Rob Jewell joins Pradera Lateral
Jewell has worked in the asset management and investment sector for over 18 years.
Gove issues Section 31 order to put London Wall West scheme on hold
Under Section 31, City Corporation cannot approve the development without secretary of state Michael Gove’s authorisation.
Dominus and Cheyne Capital JV acquires 65 Fleet Street
The partnership plans to redevelop the office building targeting a BREEAM ’Excellent’ certification.
Superdry launches rent-slashing restructuring plan to fight off administration
The fashion retailer has 94 shops in the UK and plans to slash rents at 39 of them.
Annual profit falls 15% at Winkworth
Despite the fall, Winkworth will raise the annual dividend to 11.7p per share, from 11p in 2022.
