Gove clamp down on short term lets like Airbnb could lead to ‘two-tier system’ February 19, 2024 Under the reform, property owners who let out their homes to visitors will be asked to seek planning permission, alongside placing their name on a mandatory national register for short-term lets.
House sales surge as green shoots emerge in property market February 19, 2024 House sales in the first six weeks of 2024 are 16 per cent higher than over the same period last year, and three per cent higher than in 2019.
FTSE 100 today: London markets prepare for quiet start amid thin U.S. holiday trading February 19, 2024 Asia shares stumble while China sees modest gains. Oil dips in light U.S. holiday trade. China's central bank holds the key interest rate steady. All eyes will be on high-flying Nvidia's earnings report this week.
Expect more real estate investment trust mergers as the age of the ‘big box behemoth’ dawns February 18, 2024 News about real estate investment trusts (REITs) merging with each other have rapidly emerged this year, as the sector looks to embrace economies of scale.
Prime London house prices back at 2014 levels as buyers shun South Kensington and Chelsea February 17, 2024 House prices in prime London were 2.5 per cent below their pre-pandemic level and down by 7.1 per cent annually.
Outlook for London tenants improves (slightly) as rents stabilise after period of rapid growth February 16, 2024 The rental market in London appears to have peaked, with price growth steady month on month, according to new government figures.
Segro looks to lift rents 50 per cent in next three years as warehouse demand continues to grow February 16, 2024 The company's boss, David Sleath, made these comments alongside its full-year numbers, which showed a 12.5 per cent jump in rental income.
Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich February 15, 2024 Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London. The supermarket, proposed to be located on the first and group floor of the building, would be [...]
Belvoir Group’s £110m merger sets completion date after shareholder approval February 15, 2024 A £110m merger between The Property Franchise Group (TPFG) and Belvoir Group is to complete next month.
Oxford Street: Derelict House of Fraser site to get £132m revamp – with new offices and a swimming pool February 15, 2024 House of Fraser’s former flagship site on Oxford Street is set to undergo a £132m transformation, which will bring new offices and a swimming pool to the retail drag.