Subterms
It comes at the end of five days of dealmaking for the company, which saw it secure another £55m development loan to construct two other student schemes in Loughborough and Nottingham. The work on the final phase of Steel City, Sheffield, is being funded by the refinancing of another Maslow Capital development loan that covered […] More
The build-to-rent operator and its partner Hero will ramp up monthly wellbeing evening classes to a weekly session, which will be streamed online. Run by a Hero team member, the workshops in the coming three weeks will focus on managing anxiety, nutrition and mental health. The operator is also running a series of fitness classes and streaming […] More
The partnership is being led by visiting University of Bath professor Malcolm Jonson, who was featured in Channel 4’s BAFTA-winning series Old People’s Home for 4 Year Olds. Guild Living, which is working on its first three schemes in Bath, Epsom and Walton-on-Thames, said the research will focus on tackling loneliness in older people. It said […] More
The latest London Plan, drafted by mayor of London Sadiq Khan, sets a target of 52,000 homes per year. This falls far short of the government’s 72,000 calculation of London’s housing need, and Savills’ 95,000 figure for uncapped housing need – a calculation of the level of housing supply needed to bring down prices to […] More
Secure Trust Bank Real Estate Finance has refinanced a £18m facility for Q Investment Partners (QIP), on Straits Manor, a purpose built student accommodation complex in Sheffield. QIP acquired the 11-storey development in 2017, and it currently comprises 284 units. It is managed by Prestige Student Living. QIP owns just under 1,000 student beds in […] More
Fee cut to be backdated to March 1st Initiative to last four months ‘We recognise that property agents have been enormously impacted by the Covid-19 crisis’ MyHome.ie has today announced that it will cut its listing subscription fees for property agents by 50% in light of the ongoing Covid-19 crisis. This fee cut will be […] More
The package of measures will mean that landlords cannot start the process of eviction for renters in either social or private accommodation for at least the next three months. The measures also mean that the three-month mortgage payment holiday announced on Tuesday for private homeowners will be extended to landlords whose tenants are experiencing financial […] More
The scheme will involve the demolition of the existing single storey building and construction of two residential towers comprising 13 and 21-storeys delivering a total of 168 flats. The development will also comprise 181,910 sq ft of ground floor retail space, which will be let to budget supermarket Aldi. Stace is providing project management and […] More
