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…
EQT in £199m swoop for Tritax Big Box portfolio
The six assets, spanning 1.6m sq ft, are located across Leamington Spa, Peterborough, Didcot and Kettering. They generate a combined annual rental income of £12m. The post EQT in £199m…
Montagu Evans appoints Lingard to central London planning team
He joins from CBRE, where he secured planning permission for West End office refurbishments, mixed-use developments and heritage-led regeneration projects. The post Montagu Evans appoints Lingard to central London planning…
Indurent completes trio of lettings to fill three South East logistics schemes
Indurent Park Purfleet in Essex, Edmonton Industrial Park in north London and Maxted Court in Hemel Hempstead are all now fully let. The post Indurent completes trio of lettings to…
Grade II-listed property in St John’s Wood helps Allsop raise £39m at May resi auction
The five-bedroom, 2,787 sq ft, stucco-fronted house in north-west London fetched £2.52m. The post Grade II-listed property in St John’s Wood helps Allsop raise £39m at May resi auction appeared…
Frasers seals double deal for Northern Ireland retail destinations
The Junction in Antrim and The Boulevard in Banbridge comprise 597,035 sq ft of retail and leisure property. The post Frasers seals double deal for Northern Ireland retail destinations appeared…
Government launches Greater Cambridge development corporation
The new body will identify suitable land, invest in critical infrastructure and bring forward schemes on derelict sites across the city of Cambridge and South Cambridgeshire. The post Government launches…