Annington Homes, managed by private equity investor Guy Hands’ firm Terra Firma, has agreed to sell 36,000 military homes back to the Ministry of Defence (MoD) for around £6bn.
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The firm blamed £34m drop in net asset value mainly on a £28.3m writedown on value of properties at 36-acre The Island Quarter.
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Deal rounds off strong year for the business campus, with more than 220,000 sq ft of new leases and regearings.
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The offering uses AI to identify buildings suitable for profitable retrofitting across portfolios.
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The sites totaling 850 acres across England represent more than 40% of Natural England’s biodiversity gain sites register.
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Council approves design that was modified due to concerns that the hotel would overshadow nearby listed buildings.
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The firm raised £62m during its December auction, achieving a 68% success rate.
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The plans also include co-living space, a primary school, light industrial workspace, parkland, retail and community spaces.
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His appointment follows the arrival of new heads of neighbourhoods, operations and customer experience.
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The Ministry of Housing, Communities and Local Government (MHCLG) has set out plans for a new fund to help developers to pay for environmental mitigation and meet their obligations faster and easier.
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Since working from home is becoming a norm, setting up your home to make it conducive and noise-free so that you can focus on your work and video calls without interruption is becoming more than essential.
HDB Resale Prices Are Falling – Will They Keep Falling? | Exclusive with Dragon Tan For the first time in years, HDB resale prices have declined for two consecutive quarters. Is this just a temporary pause, or is Singapore’s housing market entering a new phase? Joining me is one of Singapore’s leading real estate professionals, […]
The post Will HDB Prices Continue to Crash? Expert Interview! first appeared on TheFinance.sg.
Buying your first home in Singapore is one of the biggest financial decisions newlyweds will make. CPF savings and HDB grants help newly married couples lower their upfront cash needs, reduce the housing loan required, and plan more confidently for their first HDB flat. The Singapore government provides two main forms of support for first-time […]
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Prime Minister Anwar Ibrahim also cited the situation in Gaza, Israel’s “incessant bombardment” of Lebanon, the Russia-Ukraine war, and the civil war in Sudan as signs that pointed toward a greater devaluation of respect for international norms and laws.
The development will form zone 2 of the Chelmsford Garden Community development and includes schools, healthcare facilities, employment space and over 320 acres of public open space.
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The housebuilders' pre-tax profits rose 2.2% year on year, while housing completions increased 18.4% in the year to the end of March.
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