Residential
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Places for People: in the right place at the right time
Places for People has launched a PRS fund seeded with £150m in assets from its existing portfolio. Is this what the future holds for the UK’s housing associations?
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Mount Anvil and Hyde shop at Sainsbury’s
Mount Anvil and Hyde Group have teamed up with Sainsbury’s to develop a scheme with a possible end value of £600min New Cross
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Resi returns slows as central London sees values fall
Residential market lets returned 2.8% in 2016, according the IPD/MSCI UK Residential Index, against the 3.9% returned by commercial property
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Bovis Homes remains in merger talks with Galliford Try
Bovis Homes is in talks with Galliford Try about a potential £2.5bn merger that would be the first major deal within the sector since the global financial crisis.
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Average UK rent down 0.6%
The average rent in the UK fell by £5, or 0.6%, on the year in February to £921 a month, the first drop since November 2010, figures from Countrywide show.
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Redrow makes bid for Bovis
Housebuilder Redrow is to make a £3bn move for rival Bovis.
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Landlords’ stamp duty rakes in double expected
The 3% rise in stamp duty for landlords produced more than double the amount expected by the government.
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Home owners sue builders in freehold row
A group of home owners are to sue house builders after being faced with large ground rent bills.
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Mayor pushes high rise plans through
London mayor Sadiq Khan has overturned two local authority decisions to refuse planning approval for high rise housing developments.
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Barnet turns down Barratt green belt residential scheme
Barratt has failed in its bid to build 450 homes on green belt land in Mill Hill, NW7, even though its plans were recommended for approval by planning officers.
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Khan gives the go-ahead for previously refused resi schemes
Mayor of London Sadiq Khan has given the green light for two residential developments that were refused planning permission by their respective local authorities.
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Urban & Civic gets planning for Manchester New Square
Urban & Civic has received a resolution from the council to grant planning for 351 apartments in Manchester