Peter Bill(@peterproperty) 's Twitter Profileg
Peter Bill

@peterproperty

Author: Broken Homes (2020) Planet Property (2014) Editor: Building (1990-6) Estates Gazette (1998-2009) Columnist: Evening Standard (08-15) Property Week (17-

ID:299151372

linkhttps://www.amazon.co.uk/Broken-Homes-Peter-Bill/dp/1800460376 calendar_today15-05-2011 16:00:53

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Mail: “Blackstone is ridiculed over Taylor Swift-inspired video.” A Ratner-like failure of communication which is evoking deserved derision. mol.im/a/12868113 via Daily Mail Online

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Mail: A restoration expert has been convicted of breaking planning laws at his own listed house. John Evetts - a former council planning chair and consultant at the Landmark Trust - 'jumped the gun' amid frustration over planning delays. mol.im/a/12867527 via Daily Mail Online

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Blackstone/Canada Pension Plan/Rialto SPV pay $1.2 bn for 20% stake in new JV with Federal Deposit Insurance Corp which holds $16.8 bn of commercial property debt issued by collapsed Signature Bank. Translation: the $16.8 billion of loans are valued at $6 bn - 36 cents on the $.

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Last night at St George’s Hanover Square, then at the Mandarin Oriental Hotel, £870,000 was raised by the property sector Story of Christmas service and reception. Readers included; Chris Martin of Coldplay, Benedict Cumberbatch, Celia Imrie and Game of Throne’s Kit Harington.

Last night at St George’s Hanover Square, then at the Mandarin Oriental Hotel, £870,000 was raised by the property sector Story of Christmas service and reception. Readers included; Chris Martin of Coldplay, Benedict Cumberbatch, Celia Imrie and Game of Throne’s Kit Harington.
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Transactions among non-listed real estate funds across Europe at €31.5 billion were 45% lower in Q3 ‘23 than in Q3 ‘22. Trade body INREV say fall is part of an ‘ongoing market correction’ that has seen prices drop 13.5% since mid-‘22 and will see a ‘subdued picture’ in 2024.

Transactions among non-listed real estate funds across Europe at €31.5 billion were 45% lower in Q3 ‘23 than in Q3 ‘22. Trade body INREV say fall is part of an ‘ongoing market correction’ that has seen prices drop 13.5% since mid-‘22 and will see a ‘subdued picture’ in 2024.
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Gov consultation on “The Future Homes and Buildings Standards.” But not space or density standards. Future homes can be as tiny and packed together as they are today.gov.uk/government/con…

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Property Week: Warrington Council facing major loss from Mailbox: “The council invested £10m in the Mailbox REIT asset, but the company behind the development has defaulted on a £108m loan and looks set to sell the asset to pay off its debt.” propertyweek.com/news/warringto…

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Housing Today: Gove approves 2,150-home Hounslow scheme rejected by planners: Berkeley and M&G’s plans get green light despite concerns about ”an incongruous, monolithic wall of development.” Sixteen blocks up to 17 storeys high. Be grateful Berkeley. housingtoday.co.uk/news/gove-appr…

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Costar: Today’s best story: Legendary US singer-songwriter Bob Dylan, advised by Knight Frank, has sold an estate in the Scottish Highlands to whisky producer Angus Dundee Distillers for £4.258 million. costar.com/article/108395…

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Building (£) Government ‘can’t subsidise MMC forever’, warns housing minister… but that it is “proportionate” for it to continue investing for a “reasonable timeframe.” Why subsidise in the first place? Subsidies will bring responsibility for failures. building.co.uk/news/governmen…

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Guardian: In October 2021, a second application to build 80 flats was rejected after the council received more than 900 objections from local people. The latest failed appeal, brought by the Northumberland Estates development company, began in August.

theguardian.com/environment/20…

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Times (£) “Why house prices didn’t crash in 2023. Long explanation for what only needs short answer: discretionary sellers opted out after experts told then prices would fall. Suppliers of new homes cut production by 30% to maintain prices. thetimes.co.uk/article/why-ho…

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Bisnow:The UK clean technology centre proposed by the state of Qatar could become the ideal tenant for its own 1.1M SF Canary Wharf office tower, set to become vacant in 2027.
That was an idea raised by Canary Wharf Group Managing Director Richard Archer. bisnow.com/london/news/li…

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We’ll move lots more civil servants out of London, says minister: A goal of moving 22,000 jobs out of London has been brought forward from 2030 to 2027 as the government says it is ahead of schedule. thetimes.co.uk/article/well-m…

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Building: In which I take a golden trip down memory lane with three other editors of the magazine, as part of the 180th anniversary celebrations. The only bad memory is the1996 Docklands bomb, captured in a Sunday Times picture, reprinted in this article. building.co.uk/our-history-18…

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FT (£) Rent rises slow as tenant affordability is stretched to limit: Rents are expected to rise by 5 per cent in 2024, half of the rate of growth in 2023, according to property site Zoopla in its December rental market report. ft.com/content/807d07… via @ft

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Former Chief Financial Officer at Shaftsbury, Chris Ward, who was made Chief Operating Officer of the merged business when CapCo took control in March is leaving next week. ‘The role will not be replaced.’

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City of London: completion in 2027 of £300m ‘justice centre’ on Fleet Street threatened by injunction served by neighbour under rights of light laws. Councillors will likely vote themselves power to override those rights today rather than pay compensation. democracy.cityoflondon.gov.uk/documents/s195…

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