Private housing repairs, maintenance and improvement (RMI) output grew strongly in February and March 2021 – the highest level for over a decade.
Around GBP2.6 billion was invested into UK commercial property in May, a slight decrease on the previous month, but more than twice the corresponding 2020 figure of GBP1.2 billion, according to Colliers.
Research from The Instant Group finds that suburban office markets are outperforming city centres for the first time in over ten years.
London multi-let industrial property had a total return of 20.5 per cent in the 12 months to end-April 2021, with UK-wide distribution warehouses returning over 18 per cent, according to Gerald Eve’s latest In Brief bulletin.
OakNorth Bank provides GBP50m loan to support Brigid Investments in financing McCarthy Stone’s UK retirement living rental portfolio
OakNorth Bank has provided a GBP50 million loan to Brigid Investments, a special purpose vehicle formed by John Laing, and Macquarie Capital.
More rough sleepers and people at risk of homelessness will be supported into accommodation through a new social investment pilot that will create over 200 move-on homes, Rough Sleeping and Housing Minister Eddie Hughes MP have announced.
Investor and asset manager N A S Invest Group (N A S) is expanding its business into the Nordic region. In partnership with a multi-family office serving prominent Danish business owners, the Frankfurt-based company has established a new joint venture based in Copenhagen with the medium-term objective of building a diversified real estate portfolio in the northern European countries.
Fears that recent tax proposals by US President, Joe Biden, could lead to an exodus of US tech firms from Europe have been overplayed, according to the European Chapter of global brokerage body, SIOR (The Society of Industrial & Office Realtors).
Property investor and developer, Sam Ginda, has launched Future High Street Living – an ambitious new company aimed at revitalising British high streets struggling in the wake of the retail crisis.
The UK's independent living retirement market is seeing a surge in demand as over 65s embrace community living in search of new friendships and to revive their social lives. Following the lockdown, insights from the UK’s leading residential property service provider FirstPort, found a 15 per cent increase in average monthly property sales in 2021 compared with 2020, reflecting pent up demand and a change in retirement property needs.
Monaco, home to the most iconic Grand Prix in the Formula 1 calendar, also takes pole position in terms of property values, according to new research by high-net-worth mortgage broker, Enness Global Mortgages.
There is a significant amount of capital targeting European hotels, looking for the right opportunities, which is largely maintaining current pricing across prime markets, according to Savills.