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The private-rented sector will not take off until there is a planning change which levels the playing field with build-for sale, delegates at the Property Week Student Accommodation Conference 2014 heard today.
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The student housing sector is not in bubble territory, delegates heard today, despite transaction volumes almost doubling this year.
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Total investment in UK student accommodation has broken the £2bn mark for a third consecutive year, according to new research from global property advisor CBRE.
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London’s largest building contractors are turning down one in three bidding opportunities, as balance of power shifts from clients to construction supply chain.
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Price growth in prime central London has slowed to zero in October, ending four years of growth.
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British Land and Oxford Properties have agreed a deal to let the 41st floor of the Cheesegrater to insurance company FM Global at almost £85/sq ft — a record for the City of London.
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The government has announced 1 April 2015 as the valuation date for business rates assessments for 2017 onwards.
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New residential research by Cushman & Wakefield has revealed there has been a “tangible pausing” of activity in London’s prime residential land sales market as developers take stock of the robust activity at the start of the year.
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Ultra-rich Africans have been scooping up homes in London’s top residential areas, splashing out more than £30m in some individual cases.
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Private equity funds are among investors turning their attention to the nascent investment market recovery in some of the Eurozone countries now “the crest of the wave has broken and the low-hanging fruit has now gone” in the UK, Lloyds Bank Commercial Banking claims.
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Office take-up in central London reached 1.6m sq ft in September, bringing the year-to-date total to 10.4m sq ft, 15% up on the same period last year, according to DTZ’s latest Central Offices update.
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Although rents are falling in some pockets of London, it is not all doom and gloom. Hannah Brenton reports
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London councils are blocking one in four applications to turn offices into homes, new research has revealed.
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Banks are becoming more willing to take on development risk again, speakers said at MIPIM UK today.
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UK commercial real estate returned 1.7% in September – representing the second highest monthly returns of the year, according to the IPD UK Monthly Property Index.
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Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data from the Property Industry Alliance has revealed.
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The City office market is undergoing “Manhattan-isation” as demand for office space diversifies beyond the traditional finance sector, the latest research from Knight Frank indicates.
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Scotland has introduced a new land and buildings transaction tax, using the Scottish parliament’s first new taxation powers in more than 300 years.
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Mayor of London Boris Johnson has urged the government to reconsider lifting restrictions on turning offices into homes in parts of the capital.
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A “huge proportion” of luxury homes planned or under construction in London are unlikely to be built on time, a new report warns.
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