Estate management company increased provision by £337mn after discovering new faults
Nationwide data shows no growth from February, missing economists’ forecasts of a 0.2% rise
Combined group will service loan book worth more than $2.1tn
Revenue slump highlights extent of real estate slowdown now in its fourth year
Analysis shows three out of 62 companies have made any coupon repayments since 2021 under restructuring deals
OBR forecasts 305,000 more new homes a year by 2029 as a result of changes
Grinding through all of the country’s property excesses will still take years
Private equity group makes final £489mn approach for listed landlord as investors swoop on sector
Move by mainland property group highlights continuing debt problems in depressed sector
Government settlement announced for 2026-27 is lower than the average for previous five years
Wage growth has outstripped property price rises, official figures show
A tower, a private island and a new beach hotel by Robert De Niro
Brad Jacobs agrees to buy Beacon Roofing Supply as first step in creation of building products ‘roll-up’
Norges Bank Investment Management makes fresh bet on fortunes of UK capital’s retail and leisure district
New nurses, teachers and healthcare assistants priced out of market completely in London, analysis of official figures finds
Project will double exhibition gallery space and create new offices
Despite paying upwards of £5,000 per week, many of the capital’s most affluent residents are choosing not to buy, but to rent
Similar trend found in other major UK cities including Birmingham and Manchester in the decade from 2013
The finances of the London Docklands district have stabilised but it needs to transform quickly
Exit or reduction in floorspace would mark latest retreat from docklands office district
Market scepticism reflected in drop in mortgage lender’s share price since deal announced on Monday
Trend driven by rents rising faster than house prices as landlords leave the market
There is not much to impede the assault by nimble buyout firms
Mortgage lender says short supply and strong demand will push prices higher this year
Plus, the former star Morgan Stanley banker taking part in a US government purge and Venture Global’s stock plunges weeks after going public