Housebuilding completions in central London are poised to hit a seven-year high of 100,000 units next year, JLL has forecast.
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Mayor of London Boris Johnson has today opened a new £200m investment scheme for developers and housing associations in a bid to accelerate the building of low cost homes for Londoners.
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Demand for grade A industrial space in the UK has notched up a record performance in the first half of the year, research from DTZ has revealed.
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Property entrepreneur Nick Leslau says he is in no hurry to invest the £448m from the sale of Max Property.
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Crest Nicholson walks away from Chiswick development as it moves portfolio away from higher-value homes. A residential deal in Chiswick, west London, has collapsed over concerns about the impact of a mansion tax on homes worth more than £2m.
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The busiest period since 2006 means summer holidays will be in short supply. By David Parsley.
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Shortages of skilled labour and materials are becoming more apparent as market comes out of downturn Office occupiers look set to be hit by spiralling costs when fitting out buildings, with tender prices predicted to rise at an annual rate of up to 6.5% over the next two years, new research suggests.
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Demand across the South East office market increased by 10% in the second quarter of 2014, according to Savills. 150 new requirements came to the market in the period, which together total 2.7m sq ft of wanted space. Total demand for the first half of the year is up 15% on the previous half, totalling 4.5m sq ft.
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Foreign interests using city as safe haven are making city ‘too hot’ for UK investors, Dev Secs group director says The London property market is no longer a sensible investment for UK developers as long as sovereign wealth funds and global billionaires continue to treat it as a cash haven, Development Securities director Matthew Weiner has said.
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The UK is facing a housing crisis. Open any newspaper today and there will be articles on spiralling house prices and an imminent bubble. Yet the greatest and fundamental factor underpinning these dire warnings and predictions is quite simply a lack of supply.
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Supermarket chain Tesco has come under renewed pressure after it was revealed its land bank could be used to build 15,000 homes, the equivalent of the new town in Ebbsfleet.
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The governor of the Bank of England Mark Carney has proposed new measures to cool the UK’s housing market in the bank’s latest stability report.
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Middle Eastern investors could spend as much as $180bn in commercial real estate outside of their own region in the next decade, according to CBRE.
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Twenty housing zones will be created in London, with £400m of backing from the government and London authorities, in a bid to accelerate 50,000 new homes.
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The boom in tall towers in London is being driven by overseas demand for “glitzy high-rise towers”, rather than the housing shortage in the capital, former City planning officer Peter Rees claimed today.
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Planning permissions for new homes in England and Wales have reached the highest level since 2008, according to figures released today.
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The London Luxury Quarter looks set to receive £1.3bn of investment over the next 5 to 10 years, a report has revealed.
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Prime rents in central London rose for the third consecutive month in May, data from Knight Frank revealed, meaning the half-year change in values was positive for the first time since January 2012.
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More than 50 new entrants entered the lending market over the last 12 months, according to Savills, taking the list of organisations with ambitions to lend to more than 200 names.
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De Montfort report shows talk of recovery in the UK commercial real estate finance market is not all hot air. Are we in the midst of another commercial property credit boom? Given that the slightly fuzzy, champagne-addled memory of the last boom has barely receded, it seems bizarre to have to be asking this question.
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