UK lags behind other European nations on new-build delivery February 7, 2022 The UK is lagging behind several other major European nations on the delivery of new-builds, in relation to its population size, analysis has found. The country’s construction sector was hammered by rising costs on supply and labour, as well as having works delayed or stalled due to Covid restrictions. Countries including France, Belgium, the Netherlands [...]
Labour will double the size of the co-op and mutuals sector February 29, 2024 Under a Labour government, there will be a level playing field for low-risk, member-owned organisations that reinvest their profits, say Tulip Siddiq and Joe Fortune
Grenfell: Barratt says fixing widespread cladding issues will take up to five years September 4, 2024 Barratt has said there is a shortage of qualified fire engineers who are able to refit buildings to reliable safety standards in light of the Grenfell tower disaster. “We recognise that this will take another three to five years to work through to resolution,” chief executive David Thomas said in the company’s full-year results. “There [...]
US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord June 4, 2024 Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry. The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.
Progress Pioneers Summit: Is the financial services industry really building a bridge for underrepresented groups? June 3, 2024 City A.M. head of social media Emmanuel Nwosu attends the Progress Pioneers Summit to find out if the financial services industry is really building a bridge for underrepresented groups to be part of what some might call a gated community.
Tenants will have to ‘accept higher rents’ June 16, 2024 “Tenants are just going to have to accept higher rents as there’s no property available”, a fund manager told City A.M.
Vistry and build-to-rent giant Sigma extend partnership to meet surging tenant demand February 14, 2024 The firm said today it has entered an agreement with build-to-rent specialists, Sigma Capital Group to deliver the quota across a number of UK regions over the next five years.
London pips Geneva as world’s most expensive city to build in April 16, 2024 Every city in the UK and Ireland sat within the top 25 most expensive locations to build in the world, excluding Belfast.
Rightmove swoops for reviews platform HomeViews in £8m deal February 1, 2024 Rightmove has acquired a platform that displays reviews of property developments by residents for £8m.
Carmakers and energy giants cheer Hunt’s investment booster – but it still falls short of US green deal November 22, 2023 Jeremy Hunt's plans to increase investment in the country's renewable energy sector and electric vehicle industry have been welcomed - but experts warn it might not be enough.