Peers Call for Swift Government Action on Property Agent Regulation and Short-Term Lets
The House of Lords held a pivotal debate on the Renters’ Rights Bill, during which senior peers urged the Government to take immediate action on two long-standing issues in the housing sector: the regulation of property agents (RoPA) and the unchecked rise of short-term holiday lets. Leading the discussion was Lord Best, a respected figure…
Unlocking Homes, Unlocking Growth: The National Housing Bank’s £70 Billion Drive to Build Over 500,000 New Homes
The UK government has announced a significant step towards addressing the country’s housing shortage with the establishment of a new National Housing Bank. Supported by £16 billion in public investment, this initiative aims to unlock over £53 billion in private sector funding to deliver more than 500,000 new homes. This ambitious program forms a core…
East Kilbride: Scotland’s First New Town Prepares for a Major Transformation
East Kilbride, once a flagship of post-war urban planning in Scotland, is set to undergo one of the most ambitious regeneration projects in its history. Located just south of Glasgow, the town was established in 1947 as Scotland’s first official “new town,” designed to accommodate a growing population and alleviate overcrowding in industrial cities. However,…
Savills Appoints Abigail Jones to Lead Development Team in Cambridge
Savills has appointed Abigail Jones as the new head of its Development team in Cambridge, reinforcing the firm’s commitment to regional growth and strategic land expertise. Jones, who joined Savills in 2013, brings over a decade of experience in residential development consultancy and was named RICS Young Surveyor of the Year (Land & Urban) in…
Edinburgh Landmark to Be Transformed into Premier Inn Hotel in Strategic Regeneration Partnership
A prominent office building in Edinburgh’s New Town is set to be reimagined as a contemporary hotel, following the submission of a planning application by regeneration specialist Artisan Real Estate. The proposal will see Albany House, located at 58 Albany Street on the corner of Broughton Street, converted into a 102-bedroom hotel operated under Whitbread’s…
Coima Launches €50M Rome Residential Conversion with New Opportunity Fund
Coima SGR has announced the first acquisition under its newly launched Coima Opportunity Fund III, securing a €50 million office asset in central Rome for conversion into high-quality residential units. The transaction marks a significant step in the firm’s strategy to repurpose underutilised commercial properties into sustainable, community-focused housing. The move comes amid a broader…
L&G and Hill Group Launch Strategic Partnership to Deliver 200 Affordable Homes in Coventry Regeneration Scheme
Legal & General (L&G), one of the UK’s leading financial services and asset management firms, has entered into a significant partnership with renowned housebuilder Hill Group to support the delivery of 200 affordable homes in Coventry. The homes form part of the ambitious City Centre South regeneration scheme, a £450 million mixed-use development designed to…
Redevelopment of Former DWP Office in Oldham Moves Forward
Plans to transform Phoenix House, an iconic former Department for Work and Pensions building in Oldham town centre into residential accommodation have progressed to the next stage. The proposal, submitted by London-based developer A&S Mayfair Limited, outlines the conversion of the vacant office block into 82 self-contained apartments. Located on Union Street, Phoenix House has…
Winvic Appointed to Deliver Highways Infrastructure for Weyside Urban Village Regeneration
Winvic Construction Ltd has been awarded a significant contract by Guildford Borough Council to deliver a comprehensive package of highways infrastructure works as part of the transformative Weyside Urban Village project. This landmark regeneration initiative will bring 1,550 new homes including a substantial proportion of affordable housing to the area, alongside public green spaces, employment…
Sullivan & Cromwell Makes Strategic Statement with Rare London Lateral Hire of A&O Shearman Partner
In a highly notable move within the legal sector, U.S. firm Sullivan & Cromwell has made a rare lateral hire in London, appointing Barnabas Reynolds, a senior partner from A&O Shearman. Reynolds, who co-headed the global financial services regulatory group and led the financial institutions sector team, brings decades of experience and a formidable reputation…