Property Developer News
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.
Chinese developers have spent $30bn on overseas projects in the last five years
China's economy may be going through a rough patch but that hasn't stopped its property developers spending record amounts on overseas projects.
DAMAC eyes up ‘significant’ masterplan projects in London with ambitions to be a top-three developer
Dubai-based luxury property giant DAMAC has ambitions to be a top-three London developer, and is reported to be in discussion to take on a "significant regeneration site" in the capital as a follow-up…
PDP architect joins luxury developer Residence One
Super-prime developer Residence One has hired Kate Codrington as Project Architect from PDP London.