New planning rules ‘could blight high streets with empty pubs’ Hospitality Angela Rayner’s attempt to stop pubs being redeveloped into offices and housing could “blight high streets” with empty venues, property experts have warned. The housing secretary has unveiled reforms to planning rules which mean that developers can only turn a pub into housing or an office if there is no reasonable prospect that it can [...]
Luxury London property developer collapses as housing market slows Property A luxury London property developer has collapsed after running out of funds, as the capital’s prime housing sector faces growing pressure. London Richmond Ltd, which describes itself as a “boutique” developer focusing on the “finer areas” of the capital, has appointed administrators, City AM has learned. In the latest sign that London’s prime property market [...]
FTSE 100 property giants urge Burnham to unleash London office construction Property London’s leading property giants have urged Andy Burnham to unleash a wave of new office construction in the capital to boost the UK’s stagnant productivity and sluggish growth. The London Property Alliance (LPA), which represents the capital’s 300 biggest property developers and investors, has written to the incoming Prime Minister urging him to designate central [...]
FTSE 100 property firm slams ‘opportunistic, one-sided, inadequate’ takeover offer July 8, 2026 Real estate investment trust Segro has issued a strongly-worded rebuttal of the £12.6bn takeover bid tabled by its US rival. In a scathing updated to investors, the FTSE 100 property firm branded Prologis’s offer “opportunistic, one-sided and inadequate”, after the American investment behemoth proposed combining the two companies into a mammoth investment trust last month. [...]
Everyman to open at Elephant & Castle as £500m regeneration gains pace July 7, 2026 Everyman is set to expand its presence in the capital with a new five-screen cinema at the £500m regeneration of Elephant and Castle. The up-market cinema chain has faced tough trading conditions in recent years but hopes to take a boost from the footfall expected at The Elephant, the redevelopment of the south London area. [...]
Olympia developer: Britain’s planning system doesn’t reward delivery July 2, 2026 Property hotshot John Hitchcox tells us about his career, from doing up flats in his 20s to leading the £1.3bn regeneration of Olympia London.
‘It’s gone’: How a social housing scheme left amateur investors tens of millions out of pocket July 1, 2026 A social housing investment scheme that promised amateur investors huge returns with no risk has collapsed into administration owing its backers nearly £27m, City AM has learned. Alderley Group, which invested in affordable housing projects across the North West of England, has left around 1000 investors out of pocket after claiming it could guarantee returns [...]
Berkeley warns of London housing slowdown in call for ‘political leadership’ from Burnham June 24, 2026 Berkeley has called for “strong political leadership” on housebuilding from potential Prime Minister Andy Burnham as it warned that London is on course to miss its housing targets. The capital’s biggest housebuilder issued a swathe of demands to policymakers, warning that there is “no prospect of material improvement” on housebuilding “without more decisive intervention” from [...]
Workspace slashes dividend as profit plummets amid new boss’ shake-up June 10, 2026 Real estate group Workspace slashed its dividend in the latest financial year as the firm plunged to a hefty loss. The FTSE 250 company posted a £120.5m loss before tax, from £5.4m last year, which was driven by nearly £160m in write-downs of property valuations amidst a changing strategy. New boss Charlie Green – who [...]
Real estate firms going bust at record rate as property market slumps June 10, 2026 Real estate companies are going bust at the fastest rate seen in a decade, City AM can reveal, in a further sign that the UK’s property market is taking a battering. As many as 762 real estate-related businesses have become insolvent in the UK since the start of the year, a City AM analysis of [...]