Construction
Warnings sound as prime resi pipeline surges to £38bn
The pipeline of prime residential property developments in London is surging, with over £38bn of schemes and 15,000 units currently earmarked for completion in the next decade, according to new findings…
New threat to the Green Belt
The Campaign to Protect Rural England (CPRE) has highlighted a swathe of proposals that put Britain's Green Belt at risk of imminent destruction.
Derwent’s big plans for Fitzrovia
Developer Derwent is set to reveal final plans for 14,000 square feet of resi (and 323,00 square feet of offices) at its much-anticipated Fitzrovia site, according to Building Magazine today.
UNESCO warns of ‘irreversible commitment’ made by new developments
UNESCO, the world heritage body, has voiced concerns over the impact of increasingly altitudinous new developments on London's historic buildings.
HS2 compulsory purchase team announced
A panel of five agents who will advise on the compulsory purchases of properties in the path of the £33bn HS2 rail link has been named.
Capco appoints Anne Byrne as first legal counsel
Capital & Counties Properties PLC (Capco) has appointed the well-respected Anne Byrne as legal counsel, the company's first in-house lawyer.
Pickles addresses Section 106 to tackle stalled developments
Eric Pickles has launched a consultation into amending Section 106 agreements - which require developers to invest in local communities in return for planning permission - in an attempt to reinvigorate…
British Property Federation to lead CIL review
The British Property Federation (BPF) is to lead a small "working group" that will look at how the new Community Infrastructure Levy (CIL) operates.
Build-your-own luxury holiday home
Sotheby's International has been appointed to manage the sales of six lakeside plots in the Cotswolds, which it's calling "England's answer to The Hamptons," that give buyers the opportunity to design…
Battersea Power Station development “to start next year”
David Cameron has announced that Battersea Power Station's long-awaited £8bn redevelopment will will begin next year, describing the 16ha site and Rafael Vinoly plans as “quite simply one of the…
British Land acquires prestigious Clarges Estate for £129.6m
The Clarges Estate, Mayfair
British Land has entered into a corporate agreement to purchase a vast swathe of Mayfair, including Clarges House, 6/12 Clarges Street and 82/84 Piccadilly for £129.6 million.
Construction crumbles this year, but high rises on the way
After a brief window of less-aggressive pessimism, the latest Construction Industry Forecasts predict a 4.5% drop in construction industry output this year.