Helen Ozolins
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Build-to-rent developments soar
Build-to-rent developments are becoming increasingly popular, with the number of units completed, under construction, or with planning permission jumping 200%.
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New home sales bouncing back
Sales of houses have rebounded since the referendum, according to both Countryside and Telford Homes.
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Goldman Sachs buys Alecta’s £350m UK property portfolio
Goldman Sachs has completed the acquisition of Swedish pension fund Alecta’s £350m UK property portfolio.
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UK shop vacancy rate edges up to 12.4%
The UK’s shop vacancy rate edged up to 12.4% last month from 12.3% in August, figures from the Local Data Company show.
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London population growth double that of UK
London’s population increased by 469,000 to almost 8.7m in the four years to the middle of 2015, figures from the ONS show.
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Great crested newts planted on developments
Environmentalists can transport protected colonies of great crested newts to proposed development sites, resulting in the development being delayed, Lord Borwick claimed during a debate in the House of Lords.
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Giraffe buys Ed’s Easy Diner
Ranjit Boparan has acquired Ed’s Easy Diner out of administration, paying around £7.5m through his Giraffe restaurant chain.
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Lloyds Bank to cut 1,230 more jobs
Lloyds Bank is cutting a further 1,230 jobs in a continuation of the cost-cutting programme introduced two years ago.
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Sales growth slows at Domino’s
Domino’s Pizza recorded a 3.9% rise in like-for-like sales in Q3, slowing from growth of 10.9% in H1.
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Tesco and Unilever argue over prices
Supplies of various Unilever products have run out at Tesco amid a dispute between the two companies over prices.
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Property news from this morning’s papers 12th October 2016
Round-up of today’s top property stories with quick links to the nationals.
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CQC warns care sector at risk
Care home closures are putting the quality of social care services at risk, according to a study by the Care Quality Commission.