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Take-up of office space across central London totalled 2.3m sq ft in the first quarter of 2018, according to JLL – a 14% rise year-on-year.
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Equity capital invested into non-listed real estate reached record levels in 2017 with €152.3bn (£132.8bn) raised globally, according to research by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV).
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The total number of build-to-rent homes completed, under construction and in planning across the UK has increased by 30% in the past year.
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The majority of real estate professionals expect the amount of Asian capital invested into the European real estate market to increase over the coming two years with the UK being the top destination for investment.
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The UK property market proved resilient last year, exceeding most expectations against the threat of political turmoil and drops in domestic spending.
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Housebuilders will be banned from selling homes on a leasehold basis, and ground rents for houses and flats will be set to zero under new rules introduced by communities secretary Sajid Javid.
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More than 90% of MPs think that converting empty spaces above shops could help reverse the current housing shortage, research by the Federation of Master Builders (FMB) has revealed.
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Four parties are in the running to buy LetterOne’s £850m Regent student accommodation portfolio, Property Week understands.
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Development of new offices in central London has declined, according to the latest London Office Crane Survey by Deloitte Real Estate.
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More than half the £5.9bn of London office assets that were on the market in May have failed to sell six months later, according to analysis by Great Portland Estates.
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The number of developers submitting plans for residential development crashed by 31% in the third quarter, year-on-year, EG’s first UK Planning Update shows, as the government gears up to announce ambitious housing targets in the 2017 Budget.
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Central London office occupiers are vacating space at a record rate, according to analysis by Seaforth Land that suggests the cost of Brexit on the market has run to 6.2m sq ft so far.
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Hotel investment volumes in the United Kingdom have seen a 28% increase over the year to date, according to JLL.
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Investment in UK student accommodation is set to top last year’s levels despite a fall in university applications, according to Cushman & Wakefield’s latest forecast.
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New guidelines from China’s government placing overseas real estate investment on a “restriction list” are expected to further impede Chinese investment in the UK property market.
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Dalian Wanda has pulled out of a deal to buy the £470m Nine Elms Square development site in the wake of intense scrutiny from the Chinese government of its overseas investment activity.
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A private Hong Kong investor has acquired 70 Gracechurch Street in the City of London for £285m.
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University towns can suffer from what the tabloids call “studentification”, which irks locals. But, in fact, a student population boosts the local economy, especially the private rented sector, writes Lawrence Higgins
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One of the benefits for developers of converting office buildings under permitted development rights (PDR) is that they are not subject to the same space standards that apply to new-build schemes.
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Prices in the prime central London land market may have finally bottomed out, according to new research from Knight Frank.
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