More news – Page 3455
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NewsCounting the cost
It is not yet known to what extent Monday’s fire at the Cutty Sark in Greenwich, south-east London will set back the 19th century ship’s £25m restoration.
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Erinaceous jumps 7% after Tchenguiz approach
Erinaceous saw its share price climb 7% this week as a takeover approach from Vincent Tchenguiz, brother of the Iranian millionaire Robert, signalled a potential bidding war over the property services company.
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NewsFlat of the land
Land Securities is releasing the second phase of its Princesshay apartment scheme in Exeter.
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Homes warning
A Sustainable Development Commission report has found that the rush to build 200,000 units a year is leading to poorly designed homes, with too few transport links, parks and community centres.
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Buy-to-let boom
Fears that borrowing costs might deter buy-to-let investors lack substance, a survey by Paragon Mortgages has claimed.
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Persimmon buy
Persimmon Homes has bought a two-acre site at Navenby, near Peterborough, in Lincolnshire.
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Lovell regeneration
Lovell has started on site on the second phase of a £170m regeneration programme at Camp Hill, Nuneaton, Warwickshire.
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Room at the top
Sarah Webb has been appointed chief executive of the Chartered Institute of Housing (CIH).
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Demand slackens
The rise in mortgage lending slackened slightly in April, according to figures from the British Bankers Association.
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Fewer PFI deals
PFI construction is projected to decline from £8.6bn last year to £3.9bn in 2011 with fewer but larger deals, says a report by research company Market and Business Development.
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British Land buoyant
British Land has reported a 13% rise in underlying pre-tax profit to £257m in full-year results.
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Growth in China
Consultant EC Harris has appointed Simon Baxter to head its mainland China arm, as part of growth across property asset sectors.
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Healthy Mitie results
Engineering and support services group Mitie has reported a 12% rise in pre-tax profit to £57m for the year ended 31 March.
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Change at Wolseley
Wolseley has announced that the chief executive of its US building materials business, Fenton Hord, will retire from the board on 31 July.
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Speedy Hire profit up
Tool hire company Speedy Hire has reported an 18.6% rise in pre-tax profit to £36m for the year ended 31 March 2007.
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Rogers City tower
British Land has confirmed it will press ahead with construction of Richard Rogers’ 47-storey Leadenhall Building in the City.
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HSE cuts inspectors
The number of full-time construction inspectors at the Health and Safety Executive is set to fall to 125 by March 2008.
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Hodge immigrant row
Margaret Hodge, the construction minister, has been accused of copying BNP policy this week after she said that established UK families should receive preference for social housing over immigrants.