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London has lost its crown as the property capital of the world to New York following a turbulent year that saw investment in the UK capital plummet.
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Prime London residential prices will close 9% down this year, Savills has predicted, because of the uncertainty around Brexit and changes to stamp duty.
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Shopping centre development is set to hit a four-year high in 2017, according to analysis by Cushman & Wakefield.
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Sales of distressed real estate are down 39% on the volume seen in Europe last year, according to research by Evercore Real Estate Portfolio Solutions.
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Peel Logistics has moved a step closer towards realising its ambition of becoming a big hitter in the sector after merging with industrial developer Evander Properties.
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It’s a numbers game. In recent years, one of the most successful submarkets in the UK has been student housing, which even weathered the global financial crisis pretty well.
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The industrial and logistics market is set to be hit by a slowdown in investment and a pause in much-needed speculative development as a result of uncertainty in the market following the UK’s vote to leave the EU.
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The UK’s decision to leave Europe has had little discernible effect on UK house prices, according to the latest Nationwide house price index.
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The number of residential properties on letting agents’ books reached its highest level of the year in July.
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Landlords have started adding ‘Deliveroo clauses’ to turnover rent contracts for London restaurants, in response to the app’s growing popularity in the capital.
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Property funds for retail investors saw net outflows of £792m in July, according to data from the Investment Association.
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Real estate equities are to be reclassified next week in changes to global standards that are expected to attract billions in new investment to the sector.
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Residential developers have given a cautious welcome to government plans to launch a multi-billion-pound funding package aimed at tackling the housing crisis.
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Persimmon shares surged 4.2% on Tuesday after it posted a 29% jump in half year pre-tax profits and said the EU referendum result had not stopped buyers.
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Total returns for modern logistics stock across the UK in H1 were 4.4%, outperforming all property collectively according to a newly launched CBRE benchmarking index.
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Investors took £470m from property funds in July, figures from data group Morningstar show.
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Housebuilders and property companies bucked a downward trend on the stock market on Monday.
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The government is readying a post-Brexit vote housing package that will provide billions of pounds to residential developers in an attempt to abate the housing crisis and stimulate the flagging economy.
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Activity levels in retail and leisure property in July dropped by 46% year-on-year, new research shows.
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UK house prices grew at their slowest rate in the last three years in July following the UK’s Brexit vote, according to the latest RICS UK Residential Market Survey.
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