Residential
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Battersea Power Station seeks to delay affordable housing
The Battersea Power Station Development Company has submitted variations for the delivery of affordable housing at the scheme that could reduce the number of affordable units by 40%
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Wanda to buy New Covent Garden Market site for £470m
Wanda HK is to buy St. Modwen’s Nine Elms Square site in Vauxhall for £470m
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Moorfield Audley fund raises £85m
Retirement village investment vehicle Moorfield Audley Real Estate Fund has raised £85m in its latest round of fundraising to take its total raised to £285m.
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Developers tapped up for £2bn St Mary’s regen opportunity
St Mary’s Hospital in Paddington, London, W2, is set to be redeveloped to include a new mixed-use project worth more than £2bn.
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Profits rise at Berkeley despite housing uncertainty
Profits have risen at house developer Berkeley Homes despite uncertainty surrounding the London housing market.
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Peter Bill on Wednesday
GRENFELL TOWER • Owners of PRS and student accommodation will surely be surveying existing higher-rise stock and reviewing specifications for unbuilt towers • How about a wholly government funded, wholly…
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Home sales fall sharply
Property sales dropped by 7% across England and Wales, to a total of 848,857, research by Lloyds Bank shows.
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Number of new-build government-funded social homes slumps
The number of social rented properties built in the 2016-17 financial year with government funding was 1,102, down sharply from 36,700 in 2010-11, the year the Conservatives took office in…
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Bids submitted for LendLease’s Australia business stake
The sale of a 50% stake in LendLease Group’s Australia senior housing business has attracted interest from the US, China and Singapore.
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London Assembly questions mayor’s 50% affordable housing decision for TfL
The London Assembly says TfL is unlikely to meet its target for homes on surplus land and needs to be clear about the trade-offs it is making for increased affordable…
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GSA buys 2,200-bed Spanish student digs portfolio
Purchase adds to 7,100-bed portfolio the company bought from Oaktree last year
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Richborough Estates sells Matlock site to William Davis Homes
The site is valued at around £4m and was promoted by Richborough Estates on behalf of the Presentation Sisters Trustees