Barratt Developments increase full year completion expectations May 6, 2021 Underlying market strength and strong customer demand has resulted in a positive start to the calendar year for Barratt Developments. Issuing a trading update in respect of the period from 1 January 2021 to 2 May 2021, the housebuilder said its net private reservation rate was strong at 0.83 (2020: 0.52; 2019: 0.79) per active outlet per […] Posted by: Nathan Spencer Read more
Procure Plus announces £1.3bn low carbon housing framework May 6, 2021 Manchester social housing framework specialist Procure Plus has unveiled plans to establish a panel of firms to supply and install low and zero carbon technologies. Suppliers and contractors appointed to the £1.3bn framework agreement will be required to work collaboratively to increase energy efficiency within buildings across both social housing and the wider public sector. […] Posted by: Nathan Spencer Read more
Glasgow city centre development framework approved May 6, 2021 The Scottish government has approved a framework that will guide development of Glasgow city centre over the next three decades. The government’s approval of Glasgow City Council’s Strategic Development Framework (SDF) means that the plan can now be adopted. The SDF has six key ambitions: reinforce the city centre’s economic competitiveness; re-populate the city centre […] Posted by: Nathan Spencer Read more
Pitalia Real Estate makes first splash with acquisition of a former aircraft factory May 6, 2021 An investment vehicle launched by former JLL chairman has acquired a 35,000 sq ft former aircraft factory in Manchester for £9.3m. Pitalia Real Estate, the development and investment vehicle launched in March, has completed its first deal following the acquisition of Aeroworks in Manchester. The former aircraft factory, re-designed by Stephenson Studio architects, is home […] Posted by: Nathan Spencer Read more
Manifesto to deliver 25,000+ homes annual in Scotland gets political backing May 6, 2021 Homes for Scotland, the industry body representing c200 organisations across the Scottish home building sector, has secured significant political support for its own manifesto call for the delivery at least 25,000 new homes each year. The backing, ahead of this week’s election, from key Conservative, Green, Labour, Liberal Democrat and SNP candidates was confirmed during […] Posted by: Nathan Spencer Read more
‘Model’ for post-Covid town centre development set for launch May 6, 2021 A mixed-use development in the Midlands is being hailed as a model for the post-COVID revival of the UK’s town centres. The Beeston Square development in Nottinghamshire, masterplanned and designed by Leonard Design Architects, will see its first phase go live next month – opening the first brand new cinema and town square complex after […] Posted by: Nathan Spencer Read more
Construction-starts rise as confidence returns May 6, 2021 The value of underlying construction work (under £100 million in value) starting on-site during the three months to April 2021 was 30% higher than a year ago and 18% higher than the preceding three months on a seasonally adjusted basis. Residential-starts experienced the greatest growth of 35% against the previous year as well as 14% […] Posted by: Nathan Spencer Read more
BIM and existing buildings: time to rethink? May 4, 2021 The tendency to believe that BIM is the sole preserve of new-build construction overlooks the advantages it can have for the management and refurbishment of existing buildings. Partner at Baily Garner – Rob Ireland, wrote the following article for the RICS Built Environment Journal to discuss. Perceptions about building information modelling (BIM) are changing, and surveyors are seeking […] Posted by: Nathan Spencer Read more
Helmsley Group demonstrates commitment to ‘building back better’ with high street investment May 4, 2021 Helmsley Group believes the future of the high street is bright after making a key acquisition in the heart of York’s retail area. The York-based property specialist has purchased numbers three to seven on the city’s historic Coney Street. The units, whose current occupiers include JD Sports, Lush, Mango, and the vacant unit previously occupied […] Posted by: Nathan Spencer Read more
Major city firms pledge to bankroll £2.6bn UK theme park May 4, 2021 Major City firms have pledged to bankroll a £2.6billion theme park in Kent which is being dubbed ‘the UK’s answer to Disneyland’. Funding documents for the London Resort near Dartford show it has lined up investors to finance the construction of the giant attraction in two phases through a mix of investment and debt. More […] Posted by: Nathan Spencer Read more
