How this tech start-up wants to rebuild the construction industry (from the ground up) August 13, 2024 Entrepreneur Jamie Menzies was just seven years into running his own residential construction company, Zebra Property Group, when the pandemic halted nearly all building operations.
Persimmon and Barratt to sign Gove’s cladding contract as others stall for time January 30, 2023 A handful of developers plan to sign the government contract to fix buildings affected by cladding and other fire risks in the coming weeks. Levelling up secretary Michael Gove gave developers a six-week deadline to commit to more than £2bn of repairs to fix the issues in buildings taller than 11 metres. This comes on [...]
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
Revealed: More than 100 MPs pocket at least £2.6m per year by renting out hundreds of properties July 11, 2022 Just over 100 members of parliament make at least £2.6m per year between them by renting out properties in London and across the UK. According to new research, based on parliamentary disclosures published in September 2021, 177 MPs own at least 312 residential properties, nearly a third of all MPs. Those are properties they own [...]
Tesla: Former exec’s start-up snatches Moixa for undisclosed sum August 25, 2022 A US battery start-up founded by a former Tesla boss has acquired UK battery firm Moixa. Founded two years ago, the US company will acquire Moixa’s software to ramp up the electrification of homes worldwide. Lunar has raised $300m (£250m) in two funding rounds led by South Korean telecoms giant SK Group and US solar [...]
Diriyah: The Historic Heart of Saudi Arabia will Transform Urban Living July 24, 2024 Diriyah is one of a number of extraordinary giga-projects funded by Saudi Arabia’s Public Investment Fund. Mohamed Saad, President of Diriyah DevCo, tells Inside Saudi about the luxury residences and hotels that are being built in Diriyah, Diriyah’s Harrods activation and opportunities for international investors. Jack Dickens (JD) – Tell us about your role as [...]
Diriyah: The Historic Heart of Saudi Arabia will Transform Urban Living July 21, 2024 Mohamed Saad, President of Diriyah DevCo, tells Inside Saudi about the luxury residences and hotels that are being built in Diriyah, Diriyah’s Harrods activation and opportunities for international investors.
InfoTrack on track for further growth June 4, 2024 Those who have bought a property, or are in the process of doing so, are likely to be familiar with the arduous journey in having names placed on deeds. Think of the conveyancer though, who has multiple challenges to overcome and many people to deal with. For the buyer and seller there can be pain [...]
Barratt: Rising mortgage costs could hit its profits as house prices slide January 11, 2023 Barratt Developments said the outlook for 2023 was ‘uncertain’ as rising mortgage costs force residential property sales down. The FTSE 100 listed house builder said demand for its homes in 2023 looks “uncertain” due to prospective home buyers shunning big ticket purchases amid a cost of living and mortgage affordability squeeze. Mortgage costs have been [...]
Grainger raises dividend again despite slipping into loss May 16, 2024 Major residential landlord Grainger has raised its dividend despite slipping into a loss in a set of half-year results in which rental income rallied and the value of its underlying properties stayed stable.