JSRE - News -

Legal advice suggests a judicial review "would be unlikely to succeed", but the council is considering all other options to oppose the Khan's pedestrianisation plan. The post <a href="https://www.propertyweek.com/news/westminster-council-backs-down-from-oxford-street-pedestrianisation-legal-challenge">Westminster council backs down from Oxford Street pedestrianisation legal challenge</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The London Plan sets out a target of 88,000 new homes annually to meet demand, but construction starts fell to 6,325 homes in the year to March. The post <a href="https://www.propertyweek.com/news/london-housing-starts-make-up-just-7-of-need-jll-finds">London housing starts equivalent to just 7% of requirements, JLL finds </a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Knight Frank is marketing the property, which was developed by now-collapsed landlord Innovation Court, for around £9.75m. The post <a href="https://www.propertyweek.com/news/frp-advisory-brings-244-bed-preston-pbsa-scheme-to-the-market">Administrators bring 244-bed Preston PBSA scheme to the market</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The deal follows Logicor's recent leasing of its flagship Daventry development. The post <a href="https://www.propertyweek.com/news/freight-firm-sings-lease-at-infinity-park-derby">Freight firm Ceva Logistics signs 508,000 sq ft lease at Infinity Park Derby</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The deal is the UK debut for Lugus, which is working with Alinor to reposition Garden House alongside development partner Pillar. The post <a href="https://www.propertyweek.com/news/alinor-and-lugus-acquire-vacant-city-office-for-70m-refurb">Alinor and Lugus acquire vacant City office for £70m refurb</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The proceeds will be used to cut debt, support working capital and strengthen the group’s balance sheet. The post <a href="https://www.propertyweek.com/news/safestay-sells-glasgow-charing-cross-hostel-for-5-1m">Safestay sells Glasgow Charing Cross hostel for £5.1m</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Barking and Dagenham Council has given the green light for the next phase in the wider 4,000-home regeneration plan for Beam Park. The post <a href="https://www.propertyweek.com/news/vistry-and-lq-win-consent-for-405-east-london-homes">Vistry and L&Q win consent for 405 east London homes</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The company said it retained substantial liquidity and balance sheet flexibility to pursue further acquisitions and value-add opportunities. The post <a href="https://www.propertyweek.com/news/sirius-posts-boosted-earnings-following-400m-of-acquisitions">Sirius posts boosted earnings as it eyes defence and self-storage</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The recently completed scheme comprises 226 student beds close to Elephant & Castle Underground station. The post <a href="https://www.propertyweek.com/news/yourtribe-wins-47m-loan-to-refinance-london-pbsa-scheme">YourTRIBE wins £47m loan to refinance London PBSA scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Plans for the 73-key hotel with a new ground-floor retail space have been approved by Westminster City Council. The post <a href="https://www.propertyweek.com/news/embargoed-amano-gets-green-light-for-west-end-office-to-hotel-conversion">AMANO gets green light for West End office-to-hotel conversion</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Heritage Trade Frames has taken one of the two warehouses Arrow is developing at the site in a joint venture with Cerberus Capital Management. The post <a href="https://www.propertyweek.com/news/arrow-capital-pre-lets-107500-sq-ft-at-manchester-logistics-park">Arrow Capital secures pre-let for Manchester logistics park unit</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The lettings to German IT company Bechtle and an unnamed AI company take the 201,850 sq ft office development to 45% let. The post <a href="https://www.propertyweek.com/news/tishman-speyer-completes-double-letting-at-angel-square-in-islington">Tishman Speyer completes double letting at Angel Square in Islington</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

In response to public backlash over massing and height, the original plans for the City scheme were revised to lower the height of one of the two towers by three storeys and cut the office space by 5%. The post <a href="https://www.propertyweek.com/news/lasalle-and-lipton-rogers-given-all-clear-on-1m-sq-ft-redevelopment-of-1-silk-street">LaSalle and Lipton Rogers given all-clear on 1m sq ft redevelopment of 1 Silk Street</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The Old Oak and Park Royal Development Corporation has begun the procurement process for a private sector delivery partner to develop the £10bn Old Oak regeneration scheme in west London. The post <a href="https://www.propertyweek.com/news/khan-launches-hunt-for-old-oak-development-partner">Khan launches hunt for Old Oak development partner</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The developer originally secured planning for the Crawley Down site last September, but following community feedback the updated plans now include a £3.8m contribution towards community and infrastructure improvements. The post <a href="https://www.propertyweek.com/news/wates-wins-consent-to-deliver-230-sussex-homes">Wates wins consent for amended 230-home Sussex scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Orchard Street partner Tom Chadwick said the additional cash marks a “major endorsement of our decarbonisation-led investment strategy and the strong momentum we have built since launching the fund”. The post <a href="https://www.propertyweek.com/news/orchard-street-pledges-extra-250m-for-its-asset-decarb-fund">Orchard Street secures £250m for asset decarbonisation fund</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

In a letter to the housing minister, new Enfield leader Alessandro Georgiou confirmed the north London council is "formally withdrawing from the new town process". The post <a href="https://www.propertyweek.com/news/new-towns-programme-takes-blow-as-enfield-pulls-out">Blow for new towns programme as Enfield pulls out</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The property is offered at a guide price of £5.25m, equating to around £1,200/sq ft. The post <a href="https://www.propertyweek.com/news/grade-ii-listed-mayfair-former-townhouse-leads-acuituss-june-commercial-catalogue">Grade II-listed former townhouse in Mayfair leads Acuitus’s June commercial catalogue</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

In his new role, he will lead the real estate team, handling a portfolio of more than 8,600 acres across multimodal logistics links. The post <a href="https://www.propertyweek.com/news/associated-british-ports-appoints-joseland-as-group-head-of-property">Associated British Ports appoints Joseland as group head of property</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Sunrise Real Estate has fully leased its 673,000 sq ft prime Rugby logistics asset, formerly occupied by Gap and Sainsbury's, to international transport and logistics company ID Logistics UK. The post <a href="https://www.propertyweek.com/news/sunrise-secures-673000-sq-ft-rugby-logistics-lease">Sunrise secures 673,000 sq ft lease at Rugby logistics hub</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The 89,900 sq ft building in the central business district has offices above ground-floor retail space and is fully let. The post <a href="https://www.propertyweek.com/news/meag-buys-prime-dublin-office-from-henderson-park">MEAG buys prime Dublin office from Henderson Park</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Grainger is set to forward fund the scheme on a disused plot of railway land opposite Cambridge North station and will manage it upon completion. The post <a href="https://www.propertyweek.com/news/platform4-and-bloc-lodge-plans-for-425-cambridge-btr-homes">Platform4 and bloc lodge plans for 425 Cambridge BTR homes</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The standout lot is a shop with nine flats in Manchester city centre bringing in an annual rental income of £255,000, which has a guide price between £3.25m and £3.5m. The post <a href="https://www.propertyweek.com/news/mixed-use-manchester-asset-leads-allsops-june-commercial-catalogue">Mixed-use Manchester asset leads Allsop’s June commercial catalogue</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

The UAE-based developer has secured permission to redevelop Great North Leisure Park in north London into a mixed-use neighbourhood with 20 residential buildings, more than 43,000 sq ft of public realm and a new sports pavilion. The post <a href="https://www.propertyweek.com/news/khan-backs-aradas-1485-home-finchley-redevelopment">Khan backs Arada’s rejected 1,485-home Finchley redevelopment</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.

Justice for Property Rights is planning a legal challenge to the Commonhold and Leasehold Reform Bill, claiming plans to cap ground rents are "not reform" but "state-backed expropriation". The post <a href="https://www.propertyweek.com/news/campaign-group-threatens-legal-action-against-leasehold-bill">Campaign group threatens legal action against leasehold reforms</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.