REC staff
UK market overview For the first time since July 2009, the JLL Balanced Fund Index fell in February, albeit by a marginal 0.06%, writes Ashley Marks. This follows almost flat 0.16% and 0.01% performance in December and January respectively. The index is up 2.42% in the past 12 months, or 2.03% taking into account secondary […]
Student housing specialist arranges new facilities and plans asset sales, writes Jane Roberts
Luxury London housing schemes still attract finance, but elsewhere it is tough, writes Jane Robert
Schroders believes investment in the affordable housing sector could provide the right level of returns for its Real Income Fund. The company has devised an investment model that teams up local authorities with land and funding from institutions to develop housing for key workers, such as teachers and nurses, which will be let at intermediate […]
The specialist in reworking prime leased central London assets has signed up two North American backers for its latest venture
Grainger has been a residential landlord for a century and its £2.4bn portfolio makes it the UK’s biggest private landlord. Previously it has bought regulated tenancies at below market rents or home reversions at a discount, so its UK business is underpinned by selling properties or redeveloping sites for sale when it gets vacant possession. […]
Agent has mandate to build 10,000-home UK portfolio for Swedish landlord, writes Alex Catalano
In the West Midlands, Evenbrook has negotiated a novel section 106 planning agreement with the local authority. “It’s a consent for 155 new flats to rent with no allocation for social housing,” says Evenbrook director John Coles. “Of these, 40 units will be let at intermediate rent – 80% of the market rate – for […]
East Village scheme aims to tap demand for homes to rent from Londoners priced out of centre
Figures show housing beats commercial property for both risks and returns, writes Alex Catalano