Property Developer News
Grosvenor launches property management business
Grosvenor Britain & Ireland has extended its resi and commercial property management services beyond its own portfolio for the first time in 340 years.
Simon Carter to take over from Grigg as British Land CEO
Chris Grigg has announced that he will step down as CEO of British Land Plc in November, after 11 years at the helm. Current CFO Simon Carter will step up to the top job in November.
Developer takes on America’s prime resi enclave in Hong Kong
Ronnie Chan's Hang Lung Properties has paid 20% less than the low-end valuation for the USA's portfolio of six mansions overlooking Deepwater Bay.
Hill appoints a Head of Strategic Land
Former Wates and Barratt man Matt Tunley has been recruited to help realise property developer Hill's ambition to build 4,000 new home a year by 2025.
Hungarian resi development giant Cordia makes its first UK splash
“Our goal is to become one of the leading and most diversified residential development groups in Europe," says Cordia International's Chairman Tibor Földi.
Former Kier CEO joins Apex Airspace as Chair
Haydn Mursell has joined specialist London airspace developer Apex as Chairman.
Chinese mega-developer slashes all prices by 30%, potentially sparking a property price war
China Evergrande is cutting prices at all its mainland schemes by nearly a third as it tries to boost sales figures.
Guinness picks Ballymore for Dublin brewery site transformation
Diageo has signed up Sean Mulryan's Ballymore to develop the historic St James’s Gate Guinness brewery site, with an ambition to create a zero-carbon "visionary neighbourhood for living, entrepreneurship,…
British Land looks to offload its super-prime Clarges estate in Mayfair
CBRE has been instructed to find a buyer for British Land's Clarges estate on Piccadilly, looking for offers in excess of £180m for the office and retail elements.
Newt-counting planning tweak adds up in Essex
A shift from site-by-site to district-level building licenses has proved a boon for great crested newts, as property developers facilitate the creation of more pond habitats.
Liverpool Waters’ tallest waterfront tower tops out
Build-to-rent developer Moda Living has topped out the tallest waterfront building in Peel L&P's £5bn Liverpool Waters project.
GPE launches ‘ultra-boutique’ prime resi scheme between Hanover Square & New Bond Street
Great Portland Estates has unveiled the residential element of its ambitious redevelopment of a 1.3-acre patch of Mayfair.