Moorfield makes first investment in co-living scheme

Moorfield Group, the UK-focused real estate fund manager, on behalf of its Moorfield Real Estate Fund IV, has agreed to forward fund an 81 bed best-in-class co-living scheme near Ealing Broadway, West London, for £21 million. It represents Moorfield’s entry into the fast-growing London co-living sector, which is expected to be a beneficiary of demand…

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Government targets 20 towns and cities for regeneration

Towns and cities across the country will be transformed thanks to a radical new regeneration programme that will breathe fresh life into disadvantaged communities, a government statement has said. Under plans set out in the Levelling Up White Paper, due to be published next week, derelict sites in towns and city centres will be transformed…

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Demand outstrips supply in Scotland’s property market

The second edition of the Property Trends Report for Scotland, as published by Landmark Information Group, has identified the residential property industry has become more closely aligned to pre-pandemic 2019 volumes, yet a continued lack of new listings has the potential to place pressure on available property stock levels and house prices. The cross-market trend analysis for the…

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L&G buys suburban Build to Rent scheme

Legal & General announces that it has acquired a new suburban build-to-rent (SBTR) scheme in Great Haddon, Peterborough – to deliver 117 new family rental homes. Legal & General’s SBTR arm, which launched at the end of 2020, is now scaling a portfolio of large scale ‘single family’ rental communities in suburban locations across the…

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New Homes Quality Code published

The New Homes Quality Board has published its New Homes Quality Code – the new code of practice for the housebuilding industry that aims to drive up the quality of new build homes and strengthen protections for customers. The publication follows years of work to agree a single code and a full public consultation on its initial…

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