New builds: Homes on the market in London this week, from a Battersea tower to a former camera factory October 25, 2019 Shoreditch Exchange, Shoreditch From £785,000 for a one-bed Two new show homes have just been launched at Regal London’s Shoreditch Exchange. Located on Hackney Road, the development includes 184 one, two and three-bed apartments with access to cinema rooms, a gym and roof terraces, as well as a WeWork office. The show homes, one of [...]
Barratt Developments reassures investors over Brexit October 16, 2019 Britain’s biggest housebuilder Barratt Developments shrugged off concerns about political and economic uncertainty this morning as it reassured investors it could deal with the potential effects of Brexit. The FTSE 100 developer said it has a strong balance sheet and cash position to provide it with the resilience and flexibility to react to “potential changes [...]
Shares in housebuilders and UK banks jump on new Brexit deal optimism October 11, 2019 Shares in UK housebuilders and banks jumped this morning on renewed optimism a Brexit deal is achievable. Prime Minister Boris Johnson and Irish Prime Minister Leo Varadkar met yesterday, with Varadkar saying he believes a deal is possible by 31 October. Read more: Sterling barrels past $1.25 as Donald Tusk welcomes progress on Brexit talks [...]
New builds: Homes on the market in London this week, from a former quarry to flats overlooking the Houses of Parliament September 27, 2019 Ridgeway Views, Mill Hill From £93,125 for a 25 per cent share of a one-bed Buyers looking for a leafy, suburban location on a budget will want to check out L&Q’s Ridgeway Views, launching this Saturday. The shared ownership homes are located in Mill Hill, close to the 35-acre Mill Hill Park, Arrandene Open Space [...]
Reuben brothers invest £19m in modular homes developer Project Etopia September 23, 2019 Billionaire property tycoons David and Simon Reuben have invested £19m in Project Etopia, a housing developer specialising in modular homes. Project Etopia, which was founded in 2015, provides energy-efficient modular homes and school buildings that can be constructed in under four weeks. Read more: UK house price growth slows to seven-year low The Cambridge-based company [...]
How retail rookie Sharon White can turn John Lewis’ fortunes around September 13, 2019 John Lewis Partnership reported its first ever half-year loss yesterday, blaming falling sales and rising costs for a gloomy six months. It’s bad news for incoming chair – and retail rookie – Sharon White, who has a challenge on her hands to turn around the department store’s fortunes. Read more: John Lewis swings to a [...]
New builds: Properties on the market in London this week, from Nine Elms penthouses to Spitalfields family homes September 13, 2019 Battalion Court, Woolwich From £343,000 for a one-bed This Saturday, Bellway is launching a new show home at its Battalion Court development in Woolwich. The homes are perfectly placed for buyers looking to take advantage of the Crossrail effect, with nearby Woolwich station set to open in 2020. One, two and three-bed apartments are available [...]
Focus on: Living by the River Thames September 13, 2019 Every September, the River Thames plays host to the Totally Thames festival; a month-long event which sees it taken over by art installations, history tours and performances. It’s a chance for Londoners to reconnect with the body of water that provides the backdrop to our daily lives, and make the most of some of the [...]
Housebuilder Barratt Developments defies Brexit jitters as profits climb September 4, 2019 Barratt Developments shrugged off concerns of a housing market slowdown today after reporting a rise in pre-tax profits for the year to June 2019. The figures Britain’s largest housebuilder, which has been reducing its exposure to Central London’s subdued property market, posted profits before tax of £910m in the 12 months to 30 June, rising [...]
Berkeley Group faces opposition to new bonus policy September 1, 2019 Berkeley Group is facing opposition to its payment policy after a shareholder advisory firm urged investors to vote against the housebuilder’s new bonus structure at a meeting this week. The payment policy has been opposed by Institutional Shareholder Services (ISS), which said proposals to axe its bonus were “unlikely to affect the remuneration received by [...]