Business
Lloyds Bank’s Citra aims to be Britain’s biggest private landlord by 2025
Citra Living plans to build a massive portfolio of 50,000 private rental properties over the next ten years, according to reports.
Ex-Savills star Grace joins Austrian proptech firm to drive UK expansion
Vienna-based Propster has recruited a stalwart of the London resi development scene to help with its ambition to become "one of the top PropTech start-ups in Europe."
Construction giant pulls back from London resi market
Balfour Beatty confirms it will ‘no longer bid for fixed price residential property projects in central London’ as Covid-19 disruption leads to delays & write-downs.
Veteran estate agency brand Humberts back on the expansion trail
“We feel now is the best time to be building on our success and re-starting our expansion programme,” says 179-year-old estate agency Humberts, which was bought out of administration just before the…
HMRC hits agencies with hefty fines for AML breaches
Reminder to stay on top of admin as buying agency and two estate agencies are penalised for non-compliance.
Reapit continues global expansion, buying Danish estate agency software leader
The acquisition of Mindworking gives property software platform Reapit "a firm foothold in Northern Europe" as it continues its private equity-backed international expansion drive.
Architects invited to ‘shape future of profession’
The government has launched a "wholesale review" of the architecture profession, and is looking for opinions from the built environment industry on how things can and should be improved.
Crown Estate appoints London portfolio MD
Former Grosvenor man Simon Harding-Roots will be joining in September.
Strutts recruits client services chief
Strutt & Parker has hired a new head for its Client Services team, charged with "unlocking opportunities within the customer database through a consistent and robust contact strategy."
From selling to buying: On the value of understanding both sides of the deal
Buying agent Fran Moynihan, formerly head of Savills’ waterfront division, explains the importance of understanding how selling agents operate…
Slow planning process causes long project delays for architects
Around a third of architecture practices have seen projects delayed by six months or more as a result of slow planning processes. 7% have seen some projects abandoned altogether.
Major property companies enjoy pandemic-induced revenue boom
Property PLCs including Rightmove, Savills, Foxtons, LSL, Connells, Purplebricks, OnTheMarket and Berkeley Group have seen huge increases in revenue compared to corresponding periods in both 2020 and…