Property Developer News
Government to buy developers’ unsold units ‘in extreme situations’
New £2bn house-building fund to be used to 'guarantee' housing schemes
Resi developers take evasive action in central London
New build starts & planning applications have 'dropped like stones' in 2016, reports JLL
Nine Elms developer offers buyers a £20k ‘artwork contribution’
EcoWorld Ballymore and Frieze London in Embassy Gardens tie-up
Mayor Khan rolls out ‘Homes for Londoners’ team to look at developers’ viability assessments
New Homes for Londoners governance board will meet quarterly
Need A Lift? US developers plump for in-house Botox and ‘Uber rooms’
"The Uber room will be dedicated to the coming and going of shared ride services"
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.