Knight Frank markets Manchester Mercure hotel for £9.25m
The hotel has extensive grounds, leisure facilities and the potential to add value via an existing planning permission for 22 additional bedrooms. The post Knight Frank markets Manchester Mercure hotel…
Kennedy Wilson and APG form €2bn Irish PRS joint venture
The JV has been seeded with APG's 1,100-home Cherrywood portfolio and will develop a further 2,300 homes across three Dublin schemes. The post Kennedy Wilson and APG form €2bn Irish…
Starmer says he won’t ‘give in’ to new town naysayers after Enfield’s withdrawal
The prime minister vowed "to get Britain building again" by backing local mayors to step in and push through stalled schemes such as the new town planned for Enfield in…
Top-floor deal takes Stanhope and Mitsubishi’s 8 Bishopsgate to fully let
Law firm King & Spalding took the final available floor in the City office tower, expanding on its existing space in the building. The post Top-floor deal takes Stanhope and…
City Hall overturns rejection of second Barnet resi development
The mayor's office has reversed the rejection of 1,768 homes in the north London borough, approving Barratt London’s 283-home scheme and Arada London's plans for Great North Leisure Park in…
Homes England and Hill Group plot 10,000-home Cambridge scheme
The partners have acquired a 700-acre site for the scheme, where 3m sq ft of commercial space, schools, healthcare provision and public green spaces are also planned. The post Homes…
Research finds nine in 10 construction firms at risk of ‘serious financial distress’
Some 93% of respondents to a survey by UK accountancy firm Menzies reported late payments from clients, while 23% said rising costs were putting unsustainable pressure on margins. The post…
Reeves mulls use of public-private partnerships to support new towns
A British Infrastructure Taskforce report commissioned by the chancellor is believed to propose using Private Finance Initiatives to pay for new town infrastructure. The post Reeves mulls use of public-private…
Government to provide £1.3bn to back Universal theme park development
The package will help provide transport and community infrastructure to support the Bedfordshire project, with Comcast NBCUniversal investing £5bn in the five-year construction phase. The post Government to provide £1.3bn…
Khan must act, experts warn as Enfield drops new town plan
Experts warn the new town agenda may be undermined if London's mayor doesn't step in to prevent Enfield's withdrawal from The Crews Hill and Chase Park scheme. The post Khan…