Reading Time: 2 minutesAustralia: Fund manager and developer Pro-invest Group has entered a joint venture with Japan’s Kajima Corporation to develop a $1.5 billion (£790 million) build-to-rent (BTR) portfolio in Australia over the next five years, starting with a 300-unit scheme in Sydney.
Reading Time: 2 minutesUK: Lloyds Living, the residential arm of Lloyds Banking Group, secured planning ahead for its second major portfolio acquisition under its partnership with housebuilder Barratt Redrow.
Reading Time: 2 minutesUK: Gensler and Opportunity London have launched a guide, called Retrofit at Scale, aimed at expediting the adoption of retrofit schemes in the UK. The
Reading Time: < 1 minuteUK: Developer SAV Group has acquired a development site for a PBSA scheme close to Edinburgh’s Leith Walk.
Reading Time: < 1 minuteUK: Real estate investment management firm Long Harbour has submitted a bid to acquire PRS REIT, one of the largest owners of SFR homes in the UK.
Reading Time: 2 minutesUK: Glasgow City Council is “minded to grant” a £60 million purpose-built student accommodation property within Glasgow’s Broomielaw area.
Reading Time: < 1 minuteUK: ULN editor George Sell attended a press breakfast hosted by living sector developer and operator Moda, in advance of the opening of the company’s Embassy Boulevard BTR scheme in Vauxhall/Nine Elms, south London.
Reading Time: 2 minutesUK: Prime minister Keir Starmer has announced the launch of Extract, a a new AI tool designed to speed up the processing of planning applications.
Reading Time: 2 minutesUK: Today’s Spending Review includes a new affordable homes programme, supported by a £39 billion cash injection.
Reading Time: < 1 minuteUK: Halcyon development Partners has submitted a planning application to convert an office block in Sutton town centre into a coliving scheme