Residential
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Millions consider down-sizing
Nearly half of those aged 65 and over are considering moving to a smaller property, according to McCarthy & Stone’s annual retirement confidence index.
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Southwark launches £178m development opportunities
Southwark Council has launched five development partnership opportunities with a total value of £178m to bring forward mixed-used schemes including 381 new homes in the borough.
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Bridgepoint to buy Miller Homes
Private equity group Bridgepoint is to buy Miller Homes for £655m, using funds managed by Blackstone’s GSO Capital Partners
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Price growth slows for Chinese luxury residential
Chinese cities have posted a dip in price growth in the luxury residential market, according to Knight Frank’s latest Prime Global Cities Index
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Ground Rents Income Fund may write down values in wake of scandal
The listed Ground Rents Income Fund has written down the value of some of its assets after the recent furore surrounding the doubling of ground rents on leasehold houses.
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Bridgepoint nears £655m deal for Miller Homes
Bridgepoint is close to agreeing a deal with Blackstone unit GSO, Lloyds and Coller Capital to acquire Miller Homes for £655m.
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Lack of supply supports house prices
House prices rose for a second straight month in July, taking the average to a new record high of £211,671, figures from Nationwide show.
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Owners of empty Kensington and Chelsea properties revealed
The identities of people owning vacant properties in Kensington and Chelsea have been revealed in an email accidentally sent out by the council.
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Leasehold issue hits Taylor Wimpey profit
Taylor Wimpey’s pretax profit fell 24% to £205m in the six months ended 2 July after the company set aside £130m to deal with disputed leasehold contracts.
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Candy takes £75m Duke’s Lodge off the market
Christian Candy’s CPC Group has withdrawn a prime residential site in London’s affluent Holland Park.
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Knight Frank appoints Wyatt
Knight Frank has hired Peter Wyatt as a partner in its residential capital markets team
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Grainger’s GRIP JV buys £30.5m Milton Keynes scheme
Grainger’s GRIP REIT joint venture with APG has agreed to forward fund a 139-home build-to-rent development in Milton Keynes from the High Street Group for £30.5m. Projected gross yield for…