Property News
CLS buys three office buildings from Aviva for £59.7m
CLS Holdings has agreed to buy three office properties in Greater London and South East England for £59. 7m from Aviva Investors.
British Land appoints CFO Carter to replace CEO Grigg
British Land has appointed Chief Financial Officer Simon Carter as its chief executive to replace Chris Grigg, who will step down after 11 years in the job.
House prices surge as buyers seek gardens
House prices rose at the fastest pace for four years in August as buyers sought out properties with gardens or near green space, according to RICS.
UK housebuilders face CMA action over leaseholds
The UK's competition regulator is taking enforcement action against four of Britain's biggest housebuilders over their treatment of leasehold homeowners.
UK construction weakens as job cuts continue
UK construction growth suffered a surprise slowdown in August as the sector continued to cut jobs, a survey showed.
Hammerson shareholders vote for £825m rescue plan
Hammerson's shareholders have voted for the shopping centre owner's £825m plan to withstand the crisis hitting the retail commercial property market.