Developments
Northacre appointed on super-prime scheme by Buckingham Palace
Northacre has been confirmed as the development manager on the much-anticipated 1 Palace Street scheme, right next to Buckingham Palace.
Under the terms of an agreement with Palace Revive Ltd.
£1.5bn of Section 106 cash “unspent”
A BBC investigation has claimed that £1.5 billion of Section 106 money remains "unspent" by English councils, with a whopping £421m yet to even be allocated to anything.
Easement Don’t Stop the Music: Ministry of Sound strikes deal with developer
It's been claimed that a "ground-breaking" deal over noise could pave the way for other residential development projects near entertainment venues, after The Ministry of Sound and Englewood Ltd reached…
Public gets right to demand sale of government-owned property and land
New "Right to Contest" powers have officially come into force today, allowing the public to contest the use of central government land and property and apply for its release.
Closing Time: Chinese mega-developer buys Wandsworth’s £600m Ram Brewery
The Chinese state-owned developer Greenland Group has just bought the 7.75 acre Ram Brewery site in Wandsworth from Minerva, in a transaction with a total investment value of around £600 million.
Green light for BBC Television Centre redevelopment
The powers that be at the London Borough of Hammersmith & Fulham have approved Stanhope's combined full and outline planning application to transform BBC Television Centre in White City.
Parity Pledge: UK housebuilders promise end to ‘foreign first’ sales tactics
A bevy of big league resi developers have signed up to a new "voluntary commitment" that could affect the way new schemes are marketed from next year.
Hey Big Lender: Development finance landscape looking rosy – Knight Frank
The majority of lenders plan to up their funding of residential development funding over the next 12 months, continuing 2013's shift towards being more ready with the readies.
Resi conversion plans go in for West Brompton skyscraper
Towering over West London, 1960s landmark The Empress State Building could be about to undergo an office-to-resi conversion.
Northacre buys up Minerva’s stake in The Lancasters
As we reported at the beginning of the month, developer Northacre has been in talks to acquire JV partner Minerva's stake in acclaimed W2 scheme The Lancasters.
The Lancasters
English Rose partners with Topland on Strand office-to-resi scheme
English Rose Estates, which bought 406-408 Strand for £11.625m back in October, has made the 13-unit scheme into a joint venture with Sol Zakay's Topland Group.
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…