Residential
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Bovis’ first half ‘in line with expectations’
Bovis Homes has said its performance for the first half of the year is “in line with management expectations” as it saw a 5.6% fall in unit completions
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NewRiver to commence mixed-use Oxford scheme
NewRiver has received planning consent for a mixed-used development on the site of Templars Square shopping centre in Cowley near Oxford
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Election fails to dent demand for Persimmon homes
Persimmon reported an 8% on-year increase in the number of homes sold in the six months to the end of June, to 7,794, and described its trading performance as excellent.
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OnTheMarket’s one-other-portal rule not anti-competitive
A decision by the Competition Appeal Tribunal means that OnTheMarket can continue its one-other-portal requirement.
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GCP raises £70m to build Brighton digs
GCP Student Living has raised £70m from a share placing to acquire and forward fund the development of two student accommodation blocks in Brighton
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Cairn Homes agrees Montrose development loan
Irish housebuilder Cairn Homes has agreed a €50m (£44m) loan facility with Activate Capital for the development of its Montrose site in Dublin
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Persimmon revenue up by 12%
Housebuilder Persimmon has posted a 12% increase in its revenue for the first half of the year, with new home sales rising by 8%
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Old Kent Road set to pass go
With the likely approval of the Old Kent Road Opportunity Area next year, along with confirmation of the Bakerloo line extensions, plans are afoot to transform the dud on the…
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Tackling housing crisis means more homes in wealthy areas
Homeowners in areas that have benefited from rising prices need to play a part in solving the housing crisis, communities secretary Sajid Javid said.
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St Modwen refocuses after strategic review
St Modwen will refocus on housebuilding, logistics hubs and warehouses following a strategic review of its operations.
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London rents up 45% in last 10 years
London rents have risen by 45% over a 10-year period, according to research by Hometrack.
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More central London homes withdrawn from market than sold
The slowing housing market in the capital means more homes in central London are being withdrawn from sale than are being sold, according to figures from LonRes.