Property Developer News
Developer reboots residents’ amenities with virtual fitness & wine tasting events
Canary Wharf Group's new build-to-rent arm has "reimagined" its Club Vertus offering for a socially-distanced world, organising virtual wine tastings, a remote quiz, and video gym sessions.
Housebuilders begin to re-open construction sites; Government urges more
Taylor Wimpey, Vistry, Persimmon, Mace and Sir Robert McAlpine are all getting back to work - but Crest Nicholson and Redrow are maintaining Coronavirus closures.
A record number of skyscrapers completed in London last year, but fewer are being started
A record number of 60 tall buildings were completed in London in 2019, despite all the Brexit-related uncertainties; that's 140% more than the 25 completed in 2018.
Virus fallout ‘will put significant pressure on supply chains’ but could quell rising construction costs
"When we come out of this, we may well end up working differently, and many [building] companies where they are able will look to significantly shorten supply lines," says Knight Frank.
FT: The highs and lows of a New York skyscraper king
Michael Stern changed the city’s skyline. The FT's New York correspondent Joshua Chaffin asks whether he can weather the impact of coronavirus on luxury property...
Moda secures backing for one of Scotland’s biggest build-to-rent schemes
Springside in central Edinburgh will deliver 476 new rental homes.
Nearly three-quarters of UK resi developments have been paused
“The residential sector has been more impacted than anywhere else," says Barbour ABI. “It’s clear now that this is going to have a big impact on the number of homes built in 2020"
Government housing agency acquires 19 resi development sites worth £180m
Homes England "is very much open for business and investing in a long-term pipeline of development opportunities to support market recovery," says interim chief Simon Dudley.
Green light for ZHA’s Vauxhall Cross Island
Great Marlborough Estates has won approval for its major ZHA-designed redevelopment of Vauxhall Cross, following a call-in by the Housing Secretary last year.
Major housebuilder ‘pays it forward’ to support subcontractors
Taylor Wimpey has announced a "Pay It Forward Scheme" to help self-employed subcontractors get through the coronavirus lockdown.
Chelsea property firm offers all its vacant residential units to NHS staff, for free
Martin's Properties has offered all its vacant residential properties to NHS staff for free during the Covid-19 crisis, fully furnished by Carol Anne Designs.
Beyond Government Measures: How housebuilders are responding to Covid-19
Major property developers are closing down construction sites, despite Government advice that housebuilding can continue through the Covid-19 lockdown.