Investment
Savills points to ‘a new dynamic in the residential land market’ as alternative uses drive competition
“Although the current land market remains buoyant, capacity for further growth is limited," warns Patrick Eve, Savills head of regional development.
‘Weary’ buy-to-let sector sees lending drop 8%
The buy-to-let sector is "a tad weary," says the boss of property lender Octane Capital, as a result of what he calls a "war waged on the nation’s landlords" since 2015.
Ground rent ban comes into force in June
"This is an important milestone in our work to fix the leasehold system and to level up home ownership," says the Leasehold Minister, Lord Stephen Greenhalgh.
Housing crunch underpins solid European resi investment outlook – Colliers
A ‘fundamental mismatch between voracious housing demand and limited supply’ has driven massive investment growth in the sector over the last year
High inflation ‘lures investors back to buy-to-let’
Buy-to-let investors were behind 13.9% of homes sales across Great Britain in Q1 2022, says Hamptons - the highest proportion at this time of year since Stamp Duty changes in 2016.
Grosvenor ‘reconsiders its assumptions’ with a new urban property strategy
“The pandemic, external geopolitical turmoil, technological disruption, climate change and social change are forcing us to reconsider our assumptions of consumer needs and trends, business models and…
Investor secures £100mn loan for 92-apartment Battersea Power Station bulk buy
The acquisition of 92 apartments on Battersea Power Station's Electric Boulevard "represents a prudent long term investment in one of the capital’s most exciting transformation projects," says MGT boss…
Estate agency veteran Paterson joins Mackay’s ‘iBuyer’ firm UPSTIX
Sotheby's Realty boss and activist Foxtons investor has joined Hometrack-founder's algorithm-led property buying start-up as partner.
Investors tee-up c.£150mn valuation for Boomin
One-year-old property portal is reported to be "close to finalising a new round of funding that will value it at close to £150m."
PropTech investor confidence rises to another record high
96% of global PropTech investors believe Covid-19 has accelerated the adoption of technology, up 7% from six months ago.
Blenheim Estate launches ‘a new approach to property development’ for other landowners
Aristocratic venture "enables landowners to retain a long-term involvement in the development of their land," offering "patient capital" to allow inherited estates to stay in the family.
Prime Central London flats offer ‘investment opportunities’ as rental yields jump – LCP
"As the PCL market begins to pick up momentum there is still a degree of discrepancy between the performance of houses and flats," says LCP boss Andrew Weir - "pointing towards the investment opportunities…