Lloyds: Real estate activity returning
Real estate businesses saw a rise in output growth in April, signalling that the UK is slowly returning to normal amidst the pandemic, Lloyds…
Commercial Property Investment News
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270-home Oxford NHS development starts work
Work has started on the Newman Place development at the Littlemore Park NHS site in Oxford, which will deliver 270 new homes over four…
Defunct retail buildings could provide 25,000 homes
Losses in the retail sector could provide 25,000 residential homes worth £7.4bn, providing a much-needed boost to UK housing supply. UK estate agent Keller…
London office activity returning
Activity in the London office market rebounded in the first quarter of 2021 following five consecutive quarters of declines, central London office analysis from…
Redevelopment plans submitted for Nottingham site
Plans have been submitted to redevelop the current Argos site on Lower Parliament Street by Bmor into a nine-storey building for students. The plans…
Real estate sector could cost Treasury £1.8b in unpaid government loans
The UK real estate sector could cost the Treasury £1.8bn in the worst-case scenario – where 60% of loans taken out via the Bounce…
Commercial lending to have sluggish year
The recovery in commercial lending will be continue to be subdued this year, the UK Commercial Property Update from Capital Economics has found. The…
The Fragrance Shop ordered to pay £166k in Westfield London rent and charges
Westfield London’s parent has won a High court ruling which means its commercial tenant The Fragrance Shop must pay £166,884 in unpaid rent and…
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US construction tech firms merge
US construction tech firms Dodge Data & Analytics and The Blue Book Building & Construction Network have merged. The firms specialise in data insight,…
Investors focus on commercial-to-residential conversions
Developers and investors have switched their attention from new builds to commercial-to-residential conversions, according to property investment firm Fabrik Invest. Converting existing buildings is…
