Berkeley appoints former Schroders head Dobson chairman
Replaces current chair Glyn Barker at property developer
Workspace reaches £46.9m profit in offices surge
Business said it would take advantage of the opportunities presented by the Elizabeth line
Fear of harsher times lies behind property frenzy
First time buyers sense window of cheap money is closing and want to scramble on the ladder
Chestertons boss Gittins appointed CEO of Foxtons
Estate agent has been faced with investor criticism over lacklustre share growth
Building faces ‘perfect storm’ from inflation
Prices of building materials increased by 16% in the first quarter compared to the previous year
London house price average hits £689,000
Property website Rightmove predicts a property price slowdown ‘later this year’
Crossrail will be ‘gamechanger’, says boss of office landlord GPE
The new Elizabeth Line has already provided a big boost to office rents along its route
Singapore buys £694 million Paddington stake
The city-state’s sovereign wealth fund is buying a majority stake in British Land’s Paddington development it bets on the revival of London offices
Canary Wharf 3.0: Paddle boarding, primary schools and jazz festivals
Best known for towering glass offices, the estate’s owners are trying to reinvent the East London area as a residential and arts hub with housing, sports and more. Will it succeed?
Bellway warns of ‘significant’ costs from Gove’s cladding proposals
The house builder has already set aside £186 million to cover remediation work but may need much more
Loss of Russian buyers won’t hurt London property market, say Savills
“[Russian buyers] haven’t been a big part of the market for years,” Mark Ridley said. “They never were a massive part.”
Taylor Wimpey boss Peter Redfern bows out with £450 million return
Taylor Wimpey is paying a full-year dividend worth £324 million and has announced a share buyback of £150 million
Royal Docks set to get new £50 million build-to-rent development
Pontoon Reach will provide 42 affordable rent and 53 shared ownership homes managed by Peabody
Galliard Homes bets on Hong Kong property sales despite exodus
The developer is opening its first dedicated sales office in Hong Kong even as tens of thousands seek to move away from the city state
Bellway wards off housing slowdown fears with record completions
Some fear rising cost of living pressures could stifle the growth of the housing market
Strongest start to the year for UK house prices since 2005
Nationwide Building Society reveal 11.2% annual increase in January, the strongest start to the year for 17 years
Dubai firm to spend £82m turn former Chelsea police station into flats
Chelsea police station was the branch where actor Sir John Gielgud was charged with “importuning” in 1953 after making a pass at an undercover policeman. It shut in 2013.
Citi spending £100m to make Canary Wharf HQ green and flexible
The overhaul of the 42-story tower block is one of the biggest refurbishments in Europe and will take until 2025 to complete
Ex-WeWork Europe boss launches new flexible office startup in London
Aldgate Tower will be the first building to use the new company, which is launching a new flexible rental brand - Beyond - in partnership with building owner Brookfield Properties
Vistry CEO: House builders are ‘easy targets’ in cladding crisis
‘We share the government’s aim to get things moving for the leaseholders, I’m not sure we’re quite on the same page as the government as to who and how it should be paid for.
£1bn wiped off FTSE house builders as Gove delivers cladding bill
Persimmon sunk to the bottom of the FTSE 100 and Redrow dropped on the FTSE 250 as the government told the industry to stump up £4 billion to address the cladding crisis
ITV and Facebook among 10 biggest London office deals of 2021
Large London office deals continued in 2021 despite the pandemic, with companies seeking modern and new space for when employees are not WFH
Investors make £13bn bet that WFH won’t be the end of London offices
Property agent Savills anticipates office investment turnover this year will be around £13.1 billion
Landsec increases ownership of Bluewater centre in £172m deal
Landsec, the FTSE 100 property firm, has increased its share in Kent’s Bluewater shopping centre
London office market reports on signs of improvement in 2021
Investor spend and lettings in the London office sector improved in 2021 from the prior year, data shows
Square Mile office approvals surge in 2021, City of London data shows
City of London Corporation data shows a near 70% increase in office development approvals in 2021
Value of UK property hits £9.5 trillion after bumper year
House prices grew by 7.1% in November, Zoopla said, meaning the average house has now gained around £16,000 in value over the last 12 months