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.
Read More...

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.
Read More...

Hotel investment volumes in the United Kingdom have seen a 28% increase over the year to date, according to JLL.
Read More...

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.
Read More...

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.
Read More...

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.
Read More...

A private Hong Kong investor has acquired 70 Gracechurch Street in the City of London for £285m.
Read More...

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
Read More...

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.
Read More...

Prices in the prime central London land market may have finally bottomed out, according to new research from Knight Frank.
Read More...

More than 80% of lenders intend to increase their property loan books this year, the latest research from Savills reveals.
Read More...

I read LSL Property Services’ findings on PRS tenants with optimism – it’s clear the Build-to-Rent (BTR) sector’s ambition to put customer satisfaction at the heart of its modus operandi is pushing at an open door so far as tenants are concerned.
Read More...

The IPF consensus forecasts for rental growth and capital value growth this year have improved - but forecasts for total returns next year and the year after have weakened.
Read More...

Last year saw the globalisation of the rapidly maturing proptech sector.
Read More...

London remains the most sought after destination for retailers wanting to expand their operations, according to research by CBRE.
Read More...

Take-up in central London offices was up 92% month-on-month in February 2017 to 1m sq ft
Read More...

London is the top destination for ultra-high-net-worth-individuals (UHNWI), according to the Knight Frank Wealth Report 2017.
Read More...

Irvine Sellar, the developer behind the Shard, died yesterday morning after a short illness aged 82.
Read More...

Buyers from the Middle East are increasingly being tempted to invest in UK commercial property, even as buyers from other regions cut back.
Read More...

The number of homes Barratt Developments built in London in the second half of 2016 plummeted almost 60% from 842 during the same period in 2015 to just 367, the company has admitted.
Read More...