Construction
Resi projects lead the construction industry
Residential construction accounted for a third of all construction contracts awarded in May, according to the latest from Barbour ABI, demonstrating "the continuing strength of the residential sector within…
London needs £154bn of new housing over the next ten years – Knight Frank
£154bn is needed over the next decade to meet new demand for private housing in London, according to Knight Frank’s Bridging the Gap report.
St James breaks ground on the Albert Embankment
St James has broken ground on its Rogers Stirk Harbour + Partners and Fosters + Partners-designed Albert Embankment scheme.
New home permissions hit six-year high (but too many sites are stuck in outline planning) – HBF
New home permissions have risen to levels not seen since 2008, according to the Home Builders Federation.
Carlyle Group in search for Bankside Quarter partner
The Carlyle Group is officially on the lookout for a joint venture funding partner for its colossal Bankside Quarter project on London's South Bank.
Viñoly’s Marble Arch Towers get the green light
Almacantar's 410,000 sq ft plans to replace the 24 storey Marble Arch Tower with two Rafael Viñoly-designed buildings were given the go-ahead by Planners last night.
Oakmayne and Lone Star partner up for Elephant & Castle acquisition
Private equity house Lone Star has made its first foray into London's residential property market, teaming up with developer Oakmayne Properties to buy the island site in Elephant & Castle, formerly home…
200,000 New Homes a Year is ‘Unachievable’ – Knight Frank
The government's target of building 200,000 new homes every year is nuts, according a new report on housebuilding from Knight Frank.
London’s prime markets are now fully supplied – Savills
We all know London desperately needs more new homes, but not of the prime kind, says Savills in its latest report.
Required Reading: Understanding Rights to Light
Last year, the Law Commission launched a consultation on the future of rights to light, seeking to introduce greater certainty into this particularly shady area of law.
Moving Up: A practical guide to profitable loft conversions
Before iceberg houses with humongous basements became cool, converting the loft was the go-to way for developers and homeowners to add a bit of space to a property.
Green light for Project Blue: Chelsea Barracks construction to start this year
After all the wrangling, Qatari Diar's Project Blue Ltd has got the go-ahead to start building the first phase of its Chelsea Barracks scheme; works are due to get underway later this year.