Property Investor News
Argent’s Strongman appointed to run L&G’s £4bn Oxford University Development
OUD is a major partnership between Oxford University and Legal & General, tasked with developing thousands of homes for students and staff alongside new science and innovation districts.
Property investor-developers have reduced intended UK spend by £1.2bn, says the BPF
The British Property Federation has published a "Covid-19 recovery roadmap", suggesting that Stamp Duty be temporarily cut for institutional build-to-rent investors, and a reduction of VAT on residential…
Jenrick gives the thumbs up to controversial Notting Hill Gate scheme
Five years after first submitting plans, Brockton Capital and U+I have finally bagged planning approval for the development of the Newcombe House site on Kensington Church Street.
Landlords’ average capital gain sinks again
Landlords who sold a property in 2019 typically owned it for 9.1 years and sold it for £78,100 more than they paid for it.
Property tycoons gift £80m to found an eponymous Oxford college
The billionaire Reuben brothers (David, 81, and Simon, 78) have donated a huge chunk of money to Oxford University, where it will be used to establish "Reuben College" and fund the Oxford-Reuben Scholarship.
Vatican arrests London property middleman over Sloane Avenue deal
Gianluigi Torzi is being held on suspicion of extortion, embezzlement, aggravated fraud and money laundering, in relation to the multi-million pound acquisition of 60 Sloane Avenue.
Overseas buyer demand grows as BoE talks of sub-zero interest rates
International buyers continue to view London property as a safe haven, says Knight Frank.
Grosvenor revenue profits halve; GB&I out-performs as European business swings to a loss
Dramatically lower numbers from 2018 to 2019 are "in line with expectations," says Grosvenor Group, and follow "deliberate decision[s] to accelerate UK asset sales pre 2016 and reduce [the] international…
Pensions are worth more than property for the first time
The average UK house price is now £230,000, while the average final salary pension pot is worth £233,000...
Martin’s brings in a new senior analyst, ‘positioning the business on the front foot’ for life after lockdown
Chelsea property firm readies itself for post-Covid opportunities.
Patrizia recruits UBS real estate boss as co-CEO
Thomas Wels has joined the European property investment giant, working alongside CEO Wolfgang Egger.
Moda secures backing for one of Scotland’s biggest build-to-rent schemes
Springside in central Edinburgh will deliver 476 new rental homes.