Construction
Ballymore in £2.2bn joint venture with Malaysian investors
Big-spending Malaysian investors have backed Ballymore Group to develop three resi projects in London worth a whopping £2.2bn.
The Embassy Gardens lobby
UK developer strikes £300m deal to build English mansions in the Middle East
A British housebuilder has been signed up to deliver £300m worth of luxury resi across the Middle East, including a take on Kensington's super-prime Phillimores development.
HSBC injects £165m development facility to Barts Square
Helical Bar has secured a new £165m revolving credit facility for its Barts Square scheme in the City of London.
The moneys, provided by HSBC at an all-inclusive 3.
Why the UK property industry needs to rethink its definition of ‘Prime Resi’
In 2015, 'Prime Residential' should mean high quality homes in sought after addresses across the UK, not just in Central London, says house building boss Bob Weston...
Autumn Statement: Keep the wheels moving, George – RICS
The RICS is urging Chancellor George Osborne to "keep the wheels moving through the general election" by using next week's Autumn Statement to give some immediate clarity and long-term confidence to…
Crunch Time: Inside the skills shortage threatening PCL’s future growth
Nowhere is the construction skills shortage being felt more keenly than in London's prime resi sector. Build costs are rising, projects are stalling and in some cases, not even starting.
7 Solutions to the Housing Supply Conundrum: Unpicked
Delivery of more housing - ideally something close to a quarter of a million new homes a year - is topping out many agendas as May's electioneering gathers pace.
Resi development land values moderate as developers become ‘more selective’
The rate of growth in residential development land values is easing up, says Knight Frank, dropping from +5.6% in Q2 to +3.7% in Q3.
Development land prices rose by a paltry 0.
Private housing drives construction growth
"A sharp rise" in private housing activity has pushed up construction workloads at the fastest rate since 1994, says the RICS.
New CEO for Balfour Beatty
Construction behemoth Balfour Beatty has named its new CEO.
Qatari Diar makes headway on US Embassy scheme
US Embassy developer Qatari Diar has reported reaching a key 'milestone' in its plan to transform the iconic building on Grosvenor Square.
PCL projects under threat as developers face ‘concerning’ construction shortages
The delivery challenge facing developers and investors in prime central London has never been greater, according to a new report by consultancy EC Harris, which predicts that some projects in the capital's…