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.
Real estate is gaining in popularity as an investment, according to a representative survey of more than 2,000 German citizens that has now been conducted on behalf of Commerz Real for the third time by the market research institute YouGov.
The West Midlands office market is bouncing back strongly as the UK continues to follow the roadmap out of lockdown, according to commercial property agents Burley Browne.
The first quarter of 2021 halted five consecutive quarters of decline in the London office market, with activity in the occupier market rebounding significantly to stand at 1.3 million sq ft, following a robust March.
The Prime Central London (PCL) residential property market experienced the lowest volume of annual sales transactions on record in 2020.
Food company and Pringles parent company, Kellogg Europe, has invested a total of EUR140 million in its European Pringles factories since November 2019, including EUR110 million in its Kutno, Poland plant and EUR30 million in its Mechelen, Belgium facility.