Crest Nicholson sees profits triple as housing market stabilises
In the six months to 30 April, the housebuilder recorded pre-tax profits of £7.9m, up from the £2.6m recorded the year prior. The post Crest Nicholson sees profits triple as housing market stabilises appeared first on Property Week.
The Welsh housing conundrum
Demand for homes remains high in Wales, but bringing forward developments is problematic, especially in the social housing sector. The post The Welsh housing conundrum appeared first on Property Week.
STR Capital pays Legal & General £32.5m for Staines offices
CBRE UK, which acted on the sale, said it was the largest South East office deal so far this year. The post STR Capital pays Legal & General £32.5m for Staines offices appeared first on Property Week.
Federated Hermes sells Birmingham’s Baskerville House in ‘largest regional office deal so far this year’
Former offices of Birmingham City Council were sold to an unnamed buyer after being marketed for £48.2m. The post Federated Hermes sells Birmingham’s Baskerville House in ‘largest regional office deal so far this year’ appeared first on Property Week.
Fiera and Harleyford snap up Borehamwood site for warehouse scheme
The duo plan to deliver a 54,000 sq ft single-let warehouse on the site. The post Fiera and Harleyford snap up Borehamwood site for warehouse scheme appeared first on Property Week.
Kwik Fit puts expansion drive in gear with Rapleys appointment
The car servicing and repair giant wants to open 80 new stores in the coming years. The post Kwik Fit puts expansion drive in gear with Rapleys appointment appeared first on Property Week.
City & Country bags £32.5m loan to renovate historic Bath site
The housebuilder will develop 134 apartments and 12 houses on the site of the former Pitman Press Printing Works. The post City & Country bags £32.5m loan to renovate historic Bath site appeared first on Property Week.
Big interview with Richard Parker, Mayor of the West Midlands: Time to dream big
Mayor of the West Midlands Richard Parker tells Property Week’s Tim Clark about his plans to secure billions of pounds of investment from the private and public sectors. The post Big interview with Richard Parker, Mayor of the West Midlands: Time to dream big appeared first on Property Week.
Reeves to pledge £39bn for new 10-year Affordable Homes Programme
The government will also allow social housing landlords to raise rents by the Consumer Price Index plus 1%, or one percentage point above inflation, from 2026. The post Reeves to pledge £39bn for new 10-year Affordable Homes Programme appeared first on Property Week.
Blackstone takeover target Warehouse REIT reports improved annual profits
The REIT recorded an increase in gross property income, from £47.1m to £48.6m. The post Blackstone takeover target Warehouse REIT reports improved annual profits appeared first on Property Week.