Karen Day
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Y.T. Realty pays £42.3m for London Travelodge
Hong Kong-based Y.T. Realty Group has paid £42.3m for a building in London’s Liverpool Street housing a Travelodge.
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Admiralty Arch flat for sale at £150m
A flat in Admiralty Arch is being offered for sale for £150m by Spanish developer Rafael Serrano.
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Dunne Group enters administration
Scottish construction company Dunne Group has entered administration, resulting in 524 of its 540 staff losing their jobs immediately.
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No smaller basement for Foxtons founder
Foxtons founder Jon Hunt, who was involved in a row with the French ambassador over plans for an iceberg basement, has been refused planning permission for a smaller basement.
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Inquiry to begin into plans for Edinburgh luxury hotel
An inquiry is due to begin today into plans to redevelop Edinburgh’s Old Royal High School into a luxury hotel.
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IMF cuts UK growth forecast
The IMF has revised its forecast for UK growth in 2017 to 1.3%, 0.9 percentage point lower than it forecast in April, as the Brexit vote throws a spanner in…
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High court to hear Brexit case in October
The lord chief justice will hear a legal challenge to Brexit in the High Court over two days in October.
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Irish government pledges extra €2.2bn for housing
The Rebuilding Ireland plan unveiled by housing minister Simon Coveney will see the government invest an extra €2.2bn to address the housing crisis and homelessness.
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US new home starts up 4.8%
US new home starts rose 4.8% in June, figures from the Commerce Department showed.
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Japan’s 50-year loan option
Regional lenders in Japan are becoming more aggressive as they look to attract borrowers in a negative interest rate environment, offering loans maturing in 50 years.
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London home prices could drop more than 30%
Analysts at Société Générale are warning that home prices in London could fall by more than 30%, and in parts by up to 50%, following the vote to leave the…
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Wells Fargo buys London office
Wells Fargo has agreed the purchase of an office currently under construction at 33 Central, King William Street, in the City of London.