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Rented homes grow by a third

Property research data has found approximately a one-third increase of build-to-rent homes in various stages of development since the beginning of 2017.

Government land sales net £620 million

According to its annual property report, the government reduced its estate size by nearly 100,000sq m throughout 2017, earning £620 million in capital receipts.

Cabinet launches assets agency

An executive agency of the government's Cabinet Office to improve the efficiency of public assets and generate benefits was launched on 1 April.

TfL approves deal on Bond Street offices

Placemaker Grosvenor Britain and Ireland has struck a deal with Transport for London (TfL), to develop an office building above the new Bond Street Elizabeth line (formerly Crossrail) station.

Big pharma in Basingstoke?

Basingstoke and Deane Council has announced plans to release funds from its growth initiative to develop an office building, which will house the UK headquarters of a prominent American pharmaceutical company.

Council appoints growth director

Waltham Forest Council has appointed development expert Stewart Murray as its strategic director of economic growth, to lead on property, asset management and regeneration planning from 1 May 2018.

Redbridge Council launches development company

The London Borough of Redbridge has launched Redbridge Living, a development company that will deliver homes for sale, private rent and social rent using council-owned land.

Record site sale for NHS Property Services

Housebuilder Bellway Homes has purchased the vacant St. George Hospital site in Hornchurch, in the London Borough Havering, for a record £40 million.

Merton Council approves £1 billion Clarion scheme

The London Borough of Mertonís planning committee has granted planning consent to Clarion Housing Groupís £1.2 billion transformation of three housing estates.

NHS Foundation Trust markets Hampstead site

The Royal Free London NHS Foundation Trust is set to offer Queen Maryís House in Hampstead for sale. Previously a maternity home and outpatient clinic, it had been unused since 2011.

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