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Housebuilding industry launches Future Homes Delivery Plan
The Future Homes Task Force has published a "sector-wide climate and environment plan for high quality homes and places".
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Bankside Yards to be UK’s first 100% electric major mixed-use development
Native Land's £2.5bn five acre development on London's South Bank aims to "set a new benchmark for sustainability in large, mixed-use regeneration schemes."
House prices are rising at five times the rate of flat prices
Zoopla's research chief Grainne Gilmore expects property price inflation to continue to accelerate in the coming months, "peaking at around 6%, before falling back to between 4%-5% by the end of 2021.
Twice as many landlords plan to sell a property in the next five years as sold an asset in the last five years
"More landlords have decided to leave having grown tired of dealing with tenants than they have because of various government tax changes," says investment firm Sequre.
Competition heats up for sites as developers look to replenish their pipelines
Greenfield opps are in particularly high demand, sending values soaring by over 9% in the last year.
Boutique developer completes rapid turnaround in Belgravia
Voza’s latest project on Cliveden Place, acquired in February, sold within five days of listing.
40% of properties sold for more than their original asking price in June
"Astonishing" demand broke more property market records last month, reports Propertymark, but the estate agency organisation does anticipate "a rebalancing of the market over the coming months."
Old House Group picks up luxury resi project on Wilton Place
Grade II listed freehold was acquired with the help of a £6.4m bridging loan funded by CapitalRise.
Knightsbridge flats are central London’s ‘best bargains’, with prices down 11%
"The race for space has left some central London bargains in its wake," says Knight Frank, with apartments in some Golden Postcode areas seeing average PSF prices more than 10% below their five-year average.
Regal picks up London Fields’ Laundry site for resi development
The Laundry Building in Hackney has been used as a creative hub, founded by former Radiohead guitarist Ed O’Brien and media entrepreneur Raj Nayak, since 2014.