Property Developer News
35% fewer new homes are likely to be delivered this year than in 2019
Current new home activity "paints a fairly positive picture for development," says Knight Frank, "despite current challenges."
CWG completes Wood Wharf’s first private sale resi building
The first residents are due to move into 10 Park Drive this month.
Taylor Wimpey raises £500m for a major post-lockdown land-buying spree
"We are now seeing a significant opportunity to invest in land at attractive prices," says UK housebuilder, as it tees up a £500m acquisition offensive.
Eco-home developer partners with Samsung ‘to create the homes of the future’
Etopia has signed up to a strategic partnership with global tech giant Samsung to "set a benchmark for the integration of technology into the built environment."
Derwent completes net zero carbon Charlotte Street scheme; offers free flats to NHS staff
80 Charlotte Street in Fitzrovia is Derwent's biggest ever mixed-use development, and marks a big step towards the firm's ambition to achieve a fully net zero carbon portfolio.
Green light for U+I’s mixed-use scheme next to Borough Market
A derelict 1.7 acre site near London Bridge is to be transformed into "a local cultural and social hub", with 36 new homes.
Government calls in U+I’s £500m Albert Embankment scheme
Housing Secretary Robert Jenrick has called in the £500m development of 8 Albert Embankment, six months after the project was given the green light by Lambeth Council.
Slovakia’s JTRE snaps up PCL developer Sons & Co; secures £177m loan for South Bank scheme
JTRE has agreed a hefty construction loan on its £400m Triptych Bankside project next to Tate Modern, and acquired the well-known boutique development firm Sons & Co
Grosvenor submits Cundy Street Quarter plans
Grosvenor has submitted its planning application for the Cundy Street Quarter regeneration in Belgravia, after more than a year of often torrid public engagement.
Westferry planning drama escalates
The Met Police are looking into the Housing Secretary's apparent bias in favour of the developer, and the Prime Minister has been quizzed by Labour MPs over his involvement.
Green light for GII’s resi-led Chelsea Police Station development
KPF's revised plan for Gulf Islamic Investments's 31-apartment scheme in a super-prime SW3 location has been given the go-ahead by RBKC Council.