Residential
-
Government takes 10% stake in PRS Reit
The government’s Homes and Communities Agency is taking a 10% stake in PRS Reit, which is planning to raise £250m on the London Stock Exchange
-
Detox Kitchen plans expansion
Detox Kitchen is looking to expand, with plans to open seven delis in central London over the next three years.
-
Debate over help-to-buy ahead of scheme’s planned end
With the help-to-buy scheme due to end in 2021, questions are being raised about government support for the sector, particularly given recent cases of poor build quality and other issues.
-
News in brief
A round-up of this week’s stories online
-
Cluttons’ openness over pension fund deficit was refreshing
EDITOR’S COMMENT: Cluttons is not the only business to have been defeated by a pension fund deficit in recent years. Nevertheless, to see a 250-year-old business submit is especially sad
-
HB Reavis completes purchase of Elizabeth House
HB Reavis has completed its purchase of Elizabeth House, in Southbank
-
Savills Oxford acts on £46m land sales in first quarter
Savills development team in Oxford has acted on in excess of £46m of land sales during the first quarter of 2017
-
Aimrock Holdings buys Leicester mixed-use opportunity
Aimrok Holdings has bought the former Fenwick store in Leicester for a mixed-use conversion
-
Q&A: Liz Peace talks about plans for Old Oak and Park Royal
LISTEN: Newly installed chair of the Old Oak and Park Royal Development Corporation Liz Peace talks about five key challenges the project will face
-
Sigma launches first PRS fund
Sigma Capital has launched the first REIT dedicated to the PRS on the London Stock Exchange with a £250m flotation
-
Construction activity at four-month high
Construction activity hit a four-month high in April, with the purchasing managers’ index for the sector rising to an above-expectations 53.1 from 52.2 a month earlier.
-
HSBC launches 1.69% five-year mortgage
HSBC is offering a 1.69% mortgage deal fixed for five years, the lowest such deal on the market.