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property news

LSL issues profit warning as interest rate rises hit housing demand
property news
The Newcastle-based firm is transforming its business in a bid to avoid the peaks and troughs of the housing market
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More than a third of homes sold in first phase at £50m Derby Silk Yard scheme
Housing
‘We are defying the national property picture with The Silk Yard, reporting significant early sales’
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Millions knocked off asking price for landmark Lake District hotel
North West
The hotel has 66 ensuite bedrooms and apartments, alongside a holiday cottage, and was originally constructed in the 1900s
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New apartment scheme planned for old university building
West Midlands
University College Birmingham sold site in city centre last year and now developments want to create 150 studios
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Bellway launches initiative to lift the lid on building process
Construction
The House to Home scheme gives visitors a chance to see behind the walls of a Bellway property
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High demand as national and local businesses seek a place at new Hull trade park
Real Estate Investors
Regional electrical wholesaler and national mobility chain are first in at The Derwent Group's Anlaby development
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Danish retailer Søstrene Grene takes up central York unit
Retail & High Street
The move is part of Helmsley Group's ambition to regenerate the Coney Street area of the city
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Build-to-rent arm of Lloyds buys 49 Nottingham homes
Housing
Citra Living expands its portfolio with family homes for rent in Gedling
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Fresh plans submitted to finish £15m Shankly Hotel after administration delay
North West
The company behind the hotel entered administration a year ago owing more than £22m
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Home of world's largest Lush shop changes hands in near £9m deal
North West
The building used to be a Dorothy Perkins and Burton shop before being closed in 2016
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High Street Group administrators investigating largescale movement of funds between group companies
property news
The joint administrators have identified 12,300 individual transactions that have warranted further investigation
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JCT600 acquires York warehouse premises for vehicle preparation centre
Deals
The prominent motor retailer agreed an off-market deal with DPD
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Flurry of independent business set up at Halifax's Dean Clough site
Commercial Property
The family-run complex has agreed leases with seven businesses
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Refusal recommended for Bristol school site redevelopment after review
Construction
Bristol City Council are set to make a decision on plans to transform the five-acre site at Westbury Park into an £85m retirement community and leisure hub
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Landa Associates complete off-market deal for high street retail investment in Clifton
Retail & High Street
Southchurch Drive property has a Card Factory on the ground floor and a hairdressing salon upstairs
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Sewell Group expands to prominent Bridgehead location as consultancy businesses flourish
Offices
Shared Agenda and Parallel to be based at Hessle with space for wider members to work there too
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Fine dining restaurant featured on The Trip put up for sale with £3m price tag by family behind Michelin-starred venue
North West
The group still operates Forest Side in Grasmere, which has one Michelin star
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Lloyds unveils major investment plans for city centre base
West Midlands
Banking group is planning to bolster the green credentials of its offices in Birmingham's business district
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University of Gloucestershire submits plans for £5.8m digital and cyber hub
Education
Funding from the Office for Students will enable the university to create a new teaching and learning space at its Park Campus in Cheltenham
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165 room hotel and leisure complex will act like a traffic-free ski resort for the Derbyshire Peaks
Commercial Property
£300m site will be a car-free hub – taking guests into the Peaks for biking and hiking, nature, heritage, sport and culture
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Ibstock plans to close north-west site as profit drop 42%
Construction
Slowdown on new-build homes market sees big drop in profits at º£½ÇÊÓƵ’s biggest brick maker
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US manufacturer expands Black Country base
West Midlands
Atkore has taken on new £5m speculative warehouse
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Estate agent group sees profits in rental market soar
Company Results
The Property Franchise Group - whose brands include Martin and Co, Hunters and CJ Hole - said its strong results for the first half of the year were largely attributed to its letting revenues
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Film support firm to launch new Black Country base
Black Country
Supply 2 Location Group agrees deal for a brace of warehouse units in Wednesbury
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