Construction
RBKC approves pair of car park-to-resi schemes
Planners at the Royal Borough of Kensington & Chelsea have given development firm Grainger the green light for a couple of Assael-designed schemes with a combined value of £110m.
Super-sewer could render some apartments “unsellable” – Battersea Power Station
The firm behind the £8bn transformation of Battersea Power Station has joined the ranks of businesses and residents kicking up a stink over plans for the new Thames "super-sewer".
2013 was “second busiest skyscraper year in history”
From 2000 to 2013, the total number of 200-metre-plus buildings in existence increased from 261 to 830 - an extraordinary 318% - according to the latest report from the Council of Tall Buildings & Urban…
Wimbledon joins basement ban camp
Merton council is the latest London borough to make a move on banning mega-basements, with a spike in dig-down applications in Wimbledon Village driving the clamp-down.
Demanding Times: Ten buyers chasing each property for sale – Countrywide
Demand is outstripping supply by a factor of ten, as an average of 9.7 buyers chased each property for sale in November, according to Countrywide.
That's up from 8.
House prices to rise by 8% next year as new instructions “close to stagnating” – RICS
An "acute imbalance between burgeoning buyer demand and sluggish supply" will drive house prices up by 8% in 2014, according to the RICS, as new instructions to estate agents are "close to stagnating".
Canary Wharf “neighbourhood” plans submitted with 3,100 homes
Songbird Estates - the majority owner of the Canary Wharf Group - has submitted a masterplan for 20 acres around Wood Wharf that includes 3,100 residential units and aims to transform the area into something…
Top 10 crimes against period homes – RICS
The Daily Mail's been reporting about The Duchess (Middleton) causing strife in the village by replacing traditional Georgian roof tiles with "Barratt Homes" red ones. The horror.
Residential construction hits 10 year high
The homebuilding industry is charging on at a rate not seen for decade, according to the latest Markit/CIPS Purchasing Managers’ Index.
“Game changing” Crossrail to add 13% to house prices – CBRE
Europe’s biggest infrastructure project - London's Crossrail - will have a "two-fold" effect on property, opening up new districts and causing house prices along its route to rise by 13% (£60,000) by…
Stiff competition could spell profit squeeze for London’s prime resi developers
20,158 prime resi units (over £1,250 psf) could be delivered in London over the next ten years, with project activity peaking in 2017 and a combined sales value of over £50bn, according to the latest…
Battersea Power Station bags £790m in development finance
In one of the biggest property finance deals of the year, Battersea Power Station's development manager has closed on £790.2m in syndicated development and land financing facilities.