
Category: Regulation

Seafield Regeneration Plan Faces Skepticism from Landowners
Edinburgh City Council’s plan to build over 2,000 homes along the Seafield coastline has been met with cautious skepticism from local landowners, who describe the proposal as “not realistic” and believe it could take at least 20 years to come to fruition. The project aims to replace the current industrial landscape with a sustainable, environmentally…

Manchester Prepares to Decide Future of Housing Development at Airport Road
MANCHESTER – The town of Manchester is approaching a significant decision on how to develop a 60-acre parcel of town-owned land at the end of Airport Road, and the community will soon have a chance to weigh in. The Select Board is waiting for recommendations from the Housing Task Force before moving forward with any…

Simpson Thacher Advises Blackstone on £470 Million Takeover Bid for Warehouse REIT
In a significant development in the UK industrial property market, Simpson Thacher & Bartlett LLP is advising Blackstone affiliates on their recommended £470 million bid to acquire Warehouse REIT plc. The proposed acquisition is structured as a court-approved scheme of arrangement and awaits shareholder approval alongside other standard conditions. Warehouse REIT, established in 2017 and…

Havering’s Relocatable Homes Pilot Gets the Go-Ahead in East London
A ground-breaking pilot project aimed at rethinking temporary housing has been approved in East London. Havering Council, in partnership with Wates Residential, has secured the green light for an 18-unit relocatable housing scheme that could mark a shift in how councils respond to the growing demand for short-term accommodation. At the heart of the project…

Ireland’s Nursing Homes: From Public Care to Private Profit
In recent years, Ireland’s nursing home sector has undergone a significant transformation, with investment funds rapidly establishing a substantial presence. Today, just ten investment funds control approximately one-third of all nursing home beds, a dramatic shift from 2017 when their involvement was minimal. This change reflects a broader trend of financialization within healthcare, where private…

Canada-U.K. Architectural Partnership Opens New Doors Amid Housing Challenges
A newly signed reciprocal agreement between Canada and the United Kingdom is poised to enhance collaboration within the architectural profession and contribute to addressing critical housing challenges faced by both countries. This initiative enables architects from each nation to practice more seamlessly across borders, fostering an exchange of expertise and innovative ideas. British High Commissioner…

The Great Tax Escape: Holiday Homes Dodging Council Tax and Costing Councils £334M
A hidden loophole is letting holiday homeowners in the UK dodge council tax and it’s costing taxpayers a staggering £334 million every year. How? By renting their properties out for just 10 weeks annually, these savvy landlords classify their homes as small businesses, escaping both council tax and business rates altogether. New rules aimed at…

Rents Set to Soar: Nearly Half of UK Landlords Plan £888 Annual Hike
Nearly half of buy-to-let landlords in Britain are gearing up to raise rents this year, and tenants might want to brace themselves. The upcoming Renters’ Rights Bill, designed to protect renters by limiting rent hikes to once a year and capping increases at the market rate, seems to be having an unexpected effect. Instead of…

Forge Point: Scunthorpe’s Game-Changing One Million Sq Ft Employment Hub
Hargreaves Land has revealed exciting plans for Forge Point, a sprawling 77-acre employment park near junction 3 of the M180 in Scunthorpe, set to deliver nearly one million square feet of cutting-edge commercial space. This ambitious development will cater to a variety of uses, including high-tech businesses, modern offices, and hotel facilities, making it a…

Canary Islands Housing Crunch: Why Tenerife and Gran Canarian Are Running Out of Homes
The Canary Islands are facing a mounting housing crisis that’s quietly reshaping life across the archipelago. Recent data from property portal Idealista reveals a staggering 13% drop in homes for sale over just one year. The situation is even more acute in the bustling capitals of Las Palmas and Santa Cruz, where available properties have…