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Property

  • Labour accused of ignoring rental housing

    February 27, 2026

    Chancellor Rachel Reeves has been warned she must “take sharp notice” of the collapse of John Lewis’ housing venture by investing immediately in the build-to-rent sector.  The Association for Rental Living (ARL), the body which represents the build-to-rent sector, has sent an open letter to senior Labour figures calling on the government to develop a [...]

  • Rightmove boss talks down ChatGPT threat and defends AI investment

    February 27, 2026

    Property giant Rightmove sought to walk a tightrope when it launched its financial results on Friday, as its execs stood by the firm’s divisive AI plans while distancing themselves from silicon valley giant OpenAI.   Friday’s results offered an opportunity to calm the shareholders who wiped £1bn off the firm’s value when it announced its AI [...]

  • Why serviced offices are still mispriced and why that’s starting to change

    February 27, 2026

    As offices shift toward hospitality and operational value, a familiar tension is emerging in capital markets:how do you value a building when the income looks more like a business than a lease? For many investors, serviced and flexible offices still sit in an uncomfortable grey area. They don’t fit neatly into traditional valuation models, and [...]

  • Rightmove profit grows as it doubles down on unpopular AI plans

    February 27, 2026

    Rightmove has reported growing profit and revenue as it stood by AI plans which had proved divisive with investors. The UK’s top property portal reported profit before tax of £290m, up 12 per cent from last year, in its financial results for the year ended December 2025. The FTSE-100 listed firm recently launched a conversational [...]

  • Brits push down house prices to dodge mansion tax

    February 26, 2026

    House sellers are already pushing sale values below £2m in a bid to avoid the coming “mansion tax” on expensive homes.  The high-value council tax surcharge (HVCTS) is not due to be implemented until April 2028 but estate agents Hamptons have found Brits are already taking steps to avoid the levy.  The “mansion tax” charge [...]

  • Microsoft hops on Lizzie line in search for new London HQ

    February 25, 2026

    Microsoft has hopped on the Elizabeth Line in its search for a new London headquarters, with the US tech giant eyeing up Paddington and Canary Wharf as potential homes. The tech firm needs upwards of 200,000 sq ft from its new office and is seeking advice from CBRE, according to the Financial Times. Office space [...]

  • The next shift isn’t about space. It’s about service.

    February 25, 2026

    If 2026 is the year the office market resets, the next question is simple: where does the value actually come from? The answer isn’t square footage. It’s operations. For years, offices were treated as static assets. Build it, lease it, collect the rent. That model worked when capital was cheap and occupiers were less demanding. [...]

  • Third of London homes cheaper to buy than to rent as prices fall

    February 25, 2026

    More than a third of London homes are now cheaper to buy than to rent as house prices in the capital shrunk in the last year. The proportion of London houses which are cheaper to buy with a mortgage has doubled since last year, from 18 to 36 per cent, while still lower than the [...]

  • Developers shrink Silk Street plans to dodge objections

    February 24, 2026

    Plans for a huge new office development in the heart of the City have been shrunk in a bid to dodge objections raised by furious locals. The plans to redevelop the existing western building, located next door to the Barbican estate, will now see it stand ten metres shorter than initially planned, in response to [...]

  • Occupancy down at Unite Students, but demand surges at ‘elite’ universities

    February 24, 2026

    Unite Students saw a slide in occupancy across its portfolio, offset by resilient demand at top elite universities. The student accommodation developer reported a 9 per cent increase in adjusted earnings to £232.3m for 2025. However, its statutory profit fell by 78 per cent due to a decline in the valuation of the property portfolio. [...]

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