Shares in International Workplace Group, the world’s leading provider of serviced office space, suffered their steepest fall in five years after the company issued a warning that its annual adjusted
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Rachel Reeves, the Chancellor, is exploring plans that would see owners of high-value residential properties facing a new capital gains tax when they sell their homes. This move, designed to
Estate agents experienced their busiest July in five years, with a surge in home sales driven by widespread price reductions and a notable increase in available properties. Data from Rightmove
British warehouse construction is facing an unprecedented boom after the government pledged a major increase in defence spending, with property agent Savills estimating that an additional three million square metres
The headquarters of the Ministry of Justice in central London have been acquired for £245 million by billionaire developer Surinder Arora. The iconic brutalist building, Queen Anne’s Mansions, located near
Industrial output growth in the world’s second largest economy fell to an eight month low in July as Chinese consumers continued to hold back on spending. The latest data increases
Amancio Ortega is not a household name on Teesside. Yet the Spanish billionaire behind global fashion giant Zara has reshaped the landscape with a £95 billion family office, Pontegadea Inversiones.
Leading property experts have dramatically reduced their house price growth forecasts for 2025, reflecting mounting concerns over global political tensions and potential tax increases. Estate agency giant Savills has cut
Assura the NHS landlord at the centre of a lengthy bidding war has reported strong annual results that strengthen shareholder resolve to resist a buyout by private equity. The FTSE
Searching for affordable rental accommodation has never been more challenging, with rents climbing steadily across the UK. In London, tenants now pay nearly £1,000 for the smallest of spaces, pushing
Barratt Redrow, the UK’s largest housebuilder, has reported weaker-than-expected sales results for the year ending June 2025, sending shockwaves through the markets. The company revealed it sold 16,565 homes during
Sales of high-value country houses in the UK have increased, suggesting a potential recovery in demand as buyers are attracted by falling prices. According to Knight Frank, the number of
Britains largest student accommodation provider, Unite Group, is experiencing its slowest booking rate in over a decade, excluding the pandemic period. The company, which manages 68,000 rooms nationwide, reports only
The property market could face significant disruption as Ofsted prepares to eliminate its single-word school ratings, potentially affecting house prices in areas with top-performing schools. Sir Martyn Oliver, Ofsted’s chief
House prices experienced their most significant monthly decline in over two years, dropping 0.8 per cent to £271,619 in June, according to the latest Nationwide house price index. The decrease,
In a significant shift of strategy, Assura, one of the NHS’s largest property landlords, has chosen to merge with Primary Health Properties (PHP) rather than accept a private equity buyout.
