John Lewis: £80m plans create new homes at site in Elizabeth Line-linked Reading September 4, 2024 The John Lewis Partnership has submitted plans to transform one of its disused warehouses in Reading into an £80m residential complex featuring more than 200 rental units. The plans, which were submitted to Reading Borough Council this week, lay out the company’s vision to demolish the current structure and replace it with 215 homes, plus 6,000 [...]
Savills: ‘Maturing’ build-to-rent market needs staggering £300bn to meet demand July 9, 2024 The build-to-rent sector needs a total of £300bn of investment if it is to meet future levels of demand even after the sector has begun to emerge as "a mainstream investment in the UK", Savills has warned.
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook July 5, 2024 Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
Average London rent on the rise as price outside the capital reaches record high July 3, 2024 The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.
Regional REIT launches £110.5m capital raising to stave off bankruptcy June 27, 2024 Regional REIT has laid out plans to raise around £110.5m from a new share offer.
Could Manchester eclipse London as the UK’s skyscraper capital? June 5, 2024 For years London has stood alone as the preeminent home to the largest and most visually-striking skyscrapers in the UK - but could that be about to change?
China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk May 31, 2024 China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.
House prices rise for first time since last June but sticky rents likely to remain challenge for tenants May 22, 2024 New government data has shown house prices grew by for the first time since last summer in March, while private rents cooled from the record highs recorded at the start of the year.
Regional REIT posts steady earnings amid wider uncertainty May 22, 2024 Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.
China’s April economic data disappoint: recovery in domestic demand hits a snag May 17, 2024 China faced a bit of a setback on the economic front in April, disappointing market expectations.