Crown Estate set for windfall from green energy revolution
The Crown Estate has added £1bn to the value of its portfolio in the last year thanks to a boom in…
Victory for competition regulator makes case for leasehold reform
Hang around with property developers for long enough and everything begins to look like a landmark. The Competition and Markets…
Berkeley says London house prices jumped by £100,000
The price of homes sold by Berkeley Group increased by close to £100,000 last year, as the London developer shrugged…
Aviva and Persimmon to change leasehold terms after UK watchdog probe
Insurer Aviva and housebuilder Persimmon have agreed to amend their leasehold terms after a UK competition watchdog investigation into potential…
Blackstone: perpetual housing crunch is boon to Wall Street
Blackstone would once have happily rented you a house. Now it will sell you one too. On Tuesday, the world’s…
Fitch cuts Evergrande rating over pressure to reduce debt and downsize
Fitch has downgraded the credit rating of heavily indebted Chinese property developer Evergrande, adding to worries about the financial health…
Lagos luxury property: ‘No matter how bad the economy, they buy’
Just across the water from Lagos’ teeming mainland, where the bulk of the megacity’s 20m people live in slums, real…
Blackstone strikes $3bn deal for office developer Soho China
Blackstone has agreed to buy property developer Soho China for about $3bn, marking the US private equity group’s biggest bet…
Pandemic prompts UK first-time buyers to put purchases on hold
Nearly half of first-time buyers last year delayed plans to buy a home, after this group was hit harder financially…
Frasers and Boots frustrate landlords with hardball rent talks
Mike Ashley’s retail chain Frasers Group and the chemist Boots are among a small group of tenants yet to strike…