News & Press

<p>Experts have praised prime minister Andy Burnham’s proposals to grant regional mayors across England new call-in powers, but some warn that greater mayoral intervention could lead to further planning delay and complexity.</p> <p>The post <a href="https://www.propertyweek.com/news/industry-welcomes-call-in-powers-for-mayors-despite-big-questions-over-delivery">Industry welcomes call-in powers for mayors, despite ‘big questions’ over delivery</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Balmoral International Land UK has secured planning consent for a major industrial and logistics development called Arches Business Park in Broxburn, West Lothian.</p> <p>The post <a href="https://www.propertyweek.com/news/green-light-for-fist-phase-of-new-scottish-industrial-and-logistics-park">Green light for first phase of new Scottish logistics park</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Platter will replace John Lewis restaurants across 32 of its UK stores by the end of 2027, as part of an £800m multi-year investment across the business.</p> <p>The post <a href="https://www.propertyweek.com/news/john-lewis-reveals-new-restaurant-concept-at-oxford-street-flagship">John Lewis reveals new restaurant concept at Oxford Street flagship</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The international hospitality real estate group has reported higher revenue and stronger margins in the first half of 2026, driven by strong performance across its London hotel portfolio.</p> <p>The post <a href="https://www.propertyweek.com/news/pphe-reports-rising-revenue-following-end-of-strategic-review">PPHE reports rising revenue following conclusion of formal sale process</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The loan refinances existing borrowing and supports Field Day’s investment in its portfolio, which spans office, car parking, retail and leisure uses in Guernsey.</p> <p>The post <a href="https://www.propertyweek.com/news/field-day-secures-8-17m-loan-from-investec-bank">Field Day secures £8.17m loan from Investec Bank</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Mike Weston has been appointed as strategic adviser to Fiera Real Estate Single-Family Housing, the fund launched by Fiera Real Estate UK and Packaged Living earlier this month.</p> <p>The post <a href="https://www.propertyweek.com/news/ex-lgps-central-ceo-appointed-by-fiera-real-estate-and-packaged-living">Ex-LGPS Central CEO appointed by Fiera to advise on UK single-family strategy</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The developer has unveiled plans to transform Elizabeth House into One Waterloo, a mixed-use residential, hotel, office, retail and student accommodation site.</p> <p>The post <a href="https://www.propertyweek.com/news/hb-reavis-to-transform-waterloos-elizabeth-house-into-mixed-use-resi-and-hotel-scheme">HB Reavis to transform Waterloo’s Elizabeth House into mixed-use scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The auction house raised £40m through the sale of 127 lots, achieving a success rate of 84%.</p> <p>The post <a href="https://www.propertyweek.com/news/allsop-raises-40m-at-august-resi-auction">Allsop raises £40m at August resi auction</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>It has acquired a 33,600 sq ft asset in South Ruislip let to Wickes for £10.75m and a 20,000 sq ft warehouse in Swindon let to DFS and Sofology for £4.24m.</p> <p>The post <a href="https://www.propertyweek.com/news/edmond-de-rothschild-reim-snaps-up-pair-of-retail-warehouse-assets-for-15m">Edmond de Rothschild REIM snaps up pair of retail warehouse assets for £15m</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The discounted homeware retailer has been announced as the flagship occupier at Craigtoun Park, securing 21,000 sq ft of space.</p> <p>The post <a href="https://www.propertyweek.com/news/home-bargains-signs-for-west-coasts-25m-business-park-in-st-andrews">Home Bargains signs as anchor tenant for West Coast’s £25m St Andrews business park</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Locations have been launched in Covent Garden and on Tottenham Court Road in London and in Bristol's Queen Square. A further site in St Paul's is set to open in November.</p> <p>The post <a href="https://www.propertyweek.com/news/runway-east-launches-three-flexible-workspace-sites-with-70-pre-sold">Runway East launches three flexible workspace sites with 70% pre-sold</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Almost £10bn will go to 33 strategic partners comprising councils, housing associations and others to build homes across multiple tenures over the next 10 years.</p> <p>The post <a href="https://www.propertyweek.com/news/more-than-70000-new-homes-to-be-built-in-10bn-first-wave-of-affordable-homes-drive">More than 70,000 new homes to be built in first wave of affordable homes drive</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The Czech developer plans to bring forward a consented revamp of the building at 1 St James's Square, once BP vacates in April 2028.</p> <p>The post <a href="https://www.propertyweek.com/finance/kkcg-completes-291m-acquisition-of-bps-west-end-headquarters">KKCG completes £291m acquisition of BP’s West End headquarters</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>It has proposed bringing together the abrdn Real Estate Fund and abrdn Global Real Estate Fund to create a larger, diversified real estate solution for investors.</p> <p>The post <a href="https://www.propertyweek.com/news/aberdeen-proposes-fund-merger-to-create-700m-flagship-real-estate-strategy">Aberdeen proposes fund merger to create £700m flagship real estate strategy</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The asset manager has acquired Stoneybatter Place from Harrison Street Asset Management.</p> <p>The post <a href="https://www.propertyweek.com/finance/commerz-real-acquires-dublin-student-housing-community">Commerz Real acquires Dublin student housing community</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Sales rates for the smallest firms has fallen as low as 0.15 to 0.25 sales per outlet each week in 2025, which translates to a site now selling only around 10 homes a year.</p> <p>The post <a href="https://www.propertyweek.com/news/fall-in-new-build-sales-rates-leaves-countrys-smallest-housebuilders-struggling">Fall in new-build sales rates leaves country’s smallest housebuilders struggling</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The project will retrofit the organisation's headquarters at 11-12 St James's Square, with an extension to the rear of the site built in 1990 to be rebuilt.</p> <p>The post <a href="https://www.propertyweek.com/news/ellison-institute-of-technology-gets-go-ahead-for-london-hq-revamp">Ellison Institute of Technology gets go-ahead for London HQ revamp</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The change would apply to proposals with 150-plus homes, more than 15,000 sq m (161,000 sq ft) of commercial space or any building of 30m or taller.</p> <p>The post <a href="https://www.propertyweek.com/news/burnham-grants-english-mayors-call-in-powers-over-major-planning-decisions">Burnham to grant English mayors call-in powers over major planning decisions</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Interpath has extended its current three-year agreement due to expire in December for a further five years, while an ecommerce platform has taken space on the fifth floor.</p> <p>The post <a href="https://www.propertyweek.com/news/iput-secures-22000-sq-ft-of-lettings-at-dublins-two-riverside">IPUT secures 22,000 sq ft of lettings at Dublin’s Two Riverside</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The De Pass Wharf on River Road in Barking was sold for an undisclosed sum, but had been marketed for £19m.</p> <p>The post <a href="https://www.propertyweek.com/finance/thames-wharf-sold-as-investors-target-scarce-london-industrial-land">Thames wharf sold as investors target scarce London industrial land</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The government wants landlords, hoteliers and business owners to inform the review, which will consider valuations before the next revaluation date in 2029.</p> <p>The post <a href="https://www.propertyweek.com/news/treasury-enlists-schruder-for-business-rates-review-into-pubs-and-hotels">Treasury enlists Schurder for business rates review into pubs and hotels</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The 150-home scheme is the first full-site purchase for the Octopus Affordable Housing Fund, in a deal supported by Homes England.</p> <p>The post <a href="https://www.propertyweek.com/news/octopus-capital-seals-deal-with-allison-homes-for-devon-development">Octopus Capital forward-purchases Allison Homes’ Devon development</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>RE:UK praised the framework for providing a "clearer, more delivery-focused planning system", but said further improvement was needed in some areas.</p> <p>The post <a href="https://www.propertyweek.com/news/reuk-broadly-welcomes-revised-national-planning-policy-framework">RE:UK broadly welcomes revised National Planning Policy Framework</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Network Rail's property development company has secured approval for the build-to-rent scheme, which is the the next phase of the Cambridge North Masterplan.</p> <p>The post <a href="https://www.propertyweek.com/news/platform4-partnership-secures-planning-for-425-cambridge-north-homes">Platform4 partnership secures planning for 425 Cambridge North homes</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The developer said it had "worked through" cost issues with Boom Construction to negotiate the construction contract for its 110-bed east London scheme.</p> <p>The post <a href="https://www.propertyweek.com/news/southern-grove-appoints-contractor-to-start-tower-hamlets-pbsa-scheme">Southern Grove appoints contractor to start Tower Hamlets PBSA scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

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