Property Developer News
RBKC developer fined for noisy building work
The Royal Borough is coming down hard on noisy construction works at the weekend after bringing in its “tough new regime".
Ratings agency warns of tough times ahead for luxury developers
As big commercial property funds gear up to offload assets in the wake of the Brexit vote and its ensuring rush on redemptions (it looks like Henderson, for example, is looking to sell the Coutts HQ on…
Developer given two years to rebuild pub ‘brick by brick’
A resi developer in north London has been given two years to rebuild a pub it demolished to make way for a new apartment scheme.
Profits wilt at St Modwen; NCGM developer adopts ‘cautious approach’ post-referendum
St Modwen has posted a pre-tax profit of £30m for the six months to May, which is well down on the £206m recorded in the same period last year, although that did include a massive one-off £128m…
Battersea Power Station developer ‘still positive’ after Brexit shock
SP Setia, the Malaysian property development firm behind the transformation of Battersea Power Station, has issued an update reaffirming its long-term commitment to the project in the wake of Brexit, and…
Top property developer pens open later urging Remain
The bosses of London's biggest housebuilder, Galliard Homes, have written an open letter to the business's entire address book urging voters - in the politest possible way - to go Remain in tomorrow's…
Bank lending to property developers halves in two years
Bank lending to UK property developers has halved over the past two years, according to new stats out today.
Funding platform Saving Stream says the figure dropped from £32.5 billion to £14.
Ten schemes from a top boutique developer: An Amazon Property Retrospective
One of the most successful prime resi developers currently operating in the capital, Charles Gourgey and Chris Lanitis’ Amazon Property has delivered over 60 design-led schemes in some of prime central…
2017 Predictions: Where next for London’s prime resi developers?
"Developers need to be nimble and turn the difficult market to their advantage," advises Arcadis in its latest report, adding (rather ominously): "...
Auriens acquires in Chelsea for prime central ‘later lux life’ scheme
Retirement living operator is more private members' club than care home
Developers are ‘downsizing’ big luxury apartments as demand dries up
Prime London property developers are "re-examining the final phases of many schemes that were expected to include three and four bedroom apartments and penthouses", says one lettings agent, as demand fails…
Government tax task force identifies first developers for investigation
The Government has started identifying a number of property development firms for investigation as it turns a spotlight on the use of offshore companies.