City Corporation fires back at Pennycook over 2040 plan intervention
The CoLC said the minister's call for further scrutiny of the plan’s assessment of tall buildings, and their impact on the Tower of London World Heritage Site, "beggars belief". The…
Landmark decision on TGJones restructuring delayed
Mr Justice Hildeyard has said he needs more time to review the complex case, considering its potential ramifications. The post Landmark decision on TGJones restructuring delayed appeared first on Property…
Government launches consultation on zero-rate VAT treatment for social housing land
The consultation is seeking views on how to "reduce barriers to building new homes and supporting more households into safe and decent homes”. The post Government launches consultation on zero-rate…
Big UK housebuilders face £4.5bn claim over alleged anti-competitive behaviour
A claim on behalf of 700,000 homebuyers alleges housebuilders shared sensitive pricing and sales information over a 10-year period. The post Big UK housebuilders face £4.5bn claim over alleged anti-competitive…
Frasers finalises £1.7bn takeover bid for Hugo Boss
The group owned by Mike Ashley has presented its final offer price for the fashion designer of around €38 per share. The post Frasers finalises £1.7bn takeover bid for Hugo…
Prologis to meet with SEGRO investors as US giant ramps up takeover pressure
Prologis has until 22 July to put up a new offer after SEGRO rejected its initial approach last week. The post Prologis to meet with SEGRO investors as US giant…
Barclays buys Canary Wharf HQ tower for £750m
The bank said the 999-year leasehold deal for One Churchill Place will provide greater certainty over long-term occupancy costs. The post Barclays buys Canary Wharf HQ tower for £750m appeared…
Cladding remediation yet to start on half of identified unsafe buildings, TPI says
In 2022, 53 housebuilders accepted responsibility for fixing defects in 2,604 buildings. According to the institute, they have yet to make a meaningful start on more than 1,300 of these.…
Blackstar launches hospitality operating platform
Founder Sabri Marsaoui said: “The launch of our hospitality platform reflects the changing needs of real estate investors.” The post Blackstar launches hospitality operating platform appeared first on Property Week.…
AshbyCapital buys Landsec’s 55 Old Broad Street building in £282m deal
Skanska has been appointed to develop the scheme, which will create 270,000 sq ft of office accommodation, as well as retail space and public realm at ground level. The post…