McLaren Property gets green light for Glasgow PBSA scheme
The 13-storey, 208-bed purpose-built student accommodation scheme will include a range of amenity areas including study lounges, a gym and a cinema room. The post McLaren Property gets green light…
Government launches review into social housing allocation
The review is intended to reduce the number of empty homes and support “better use of existing stock”, according to housing minister Matthew Pennycook. The post Government launches review into…
Morro wins £65m Aareal loan to refinance London co-living scheme
The scheme was completed earlier this year and comprises 321 homes plus a range of indoor and outdoor community spaces, a music venue and ground-floor retail. The post Morro wins…
Custodian Property Income REIT reports strong Q4 as portfolio value rises
The firm reported a 1.5p-per-share dividend, down from 1.7p in Q3, leading to a 6p-per-share full-year dividend for the year to the end of March. The post Custodian Property Income…
British Land reports strong office and retail park performance in record year for leasing
Its full-year results show it recorded like-for-like net rental growth of 6%, with 12% growth from its office campuses and 2% from retail and urban logistics. The post British Land…
Prince William to sell off 20% of Duchy of Cornwall land
The land sale will fund £500m of investment in local communities, including affordable housing and environmental projects, to ensure a greater focus on social impact. The post Prince William to…
Vistry doubles down on cashflow generation plan as short-selling prompts share price drop
A spokesperson for the housebuilder said it was “committed to paying our subcontractors in line with their contractual terms”. The post Vistry doubles down on cashflow generation plan as short-selling…
Reeves to unveil planning protections for power plants
Under the chancellor's proposed rules, Parliament would be able to designate and approve certain energy schemes as being of ‘critical national importance’, reducing potential grounds for judicial review. The post…
La Caisse and Vita set to buy PBSA portfolio with nearly 3,200 beds
The portfolio is being sold by DWS and includes properties in Manchester, Glasgow, Edinburgh, Leeds, Birmingham and Newcastle. The post La Caisse and Vita set to buy PBSA portfolio with…
Tameside Council acquires 151,502 sq ft shopping centre in Ashton
The council acquired Ladysmith Shopping Centre in a deal backed by GMCA’s Good Growth Fund, as part of wider regeneration plans for the town. The post Tameside Council acquires 151,502…