30.09.2021, 12:50 Residential PPM Contract Award Polyteck Group has secured a one-year contract to provide planned preventive maintenance (PPM) services at Lillie Square, a new landscaped residential development in West London in the latest of a series of contract wins. As part of the contract with Management and Capital & Counties Properties PLC, the facility…
Residential Property
23.09.2021, 18:43 Investing in Commercial Real Estate Despite a tail-off in demand for commercial real estate during the Covid-19 pandemic, the asset class is expected to return to growth rates similar to those of the last decade within five years. With offices reopening from national lockdowns imposed by many countries, employers are beginning to accommodate…
05.08.2021, 22:19 Seasoned Multifamily Executive Joins Cushman & Wakefield Tina West has joined Cushman & Wakefield from CBRE as Senior Managing Director, Multifamily Asset Services for the western United States. West, who previously served as Managing Director and Multifamily Practice Leader for CBRE’s Property Management business in the Americas, brings more than three decades of…
30.06.2021, 10:38 Savills IM Adds Assets to Japan Residential Fund Savills Investment Management has acquired or committed to acquire a further JPY 24 billion (US $218 million) of residential real estate for inclusion in its Japan Residential Fund II (JRFII). Twenty-four of the 27 new assets are in Greater Tokyo and will form part…
Historic buildings can help tackle the climate crisis, according to a new report from Grosvenor Britain & Ireland. Produced in consultation with the National Trust, Historic England, Peabody, Southern Housing Group and The Crown Estate, and written with Donald Insall Associates, Heritage & Carbon argues for a decisive reformulation of planning policy as the United Kingdom prepares to…
11.05.2021, 11:53 Renters Face Significantly Higher Housing Costs Housing costs are felt more by households that rent, according to new research by Vienna University of Economics and Business. The study which was led by Professor Emanuel List and Associate Professor Wilfried Altzinger from the university’s Institute for Money and Finance investigated the financial burden housing costs…
14.04.2021, 18:51 Smoker Detection in Residential Buildings Sensor manufacturer FreshAir has launched an innovative smoking and marijuana detection system for apartment buildings, public housing complexes and other high-occupancy residential settings. The FreshAir1 Smoking Detection System is also being marketed at building owners and operators with enforceable no-smoking policies, and as a solution for protecting infrastructure…
With new fire safety legislations demanding a renewed focus on safety in all residential settings, Karen Trigg, business development manager, Allegion UK, explains why care home and sheltered housing associations must prioritise fire door maintenance. The regulations and standards associated with fire safety and sheltered, assisted and social housing are, by necessity, robust. Yet, the…
15.03.2021, 11:35 Setting New Standards in Housing A series of standards documents from The Chartered Institute of Housing (CIH) identify seven desirable development and behavioural characteristics for housing professionals. Developed in collaboration with hundreds of CIH members, tenants and residents, housing organisations and other professional bodies, the standards are designed to raise the professional competency…
25.02.2021, 13:00 Back on Track Terminix has reported strong revenue growth for the fourth-quarter of 2020, and adjusted its Full-Year 2021 revenue forecast to between US $2,025 and US $2,050, in unaudited accounts released today. For the fourth quarter of 2020, the Company reported a revenue increase of four percent to $460 million. Net income…
17.02.2021, 08:21 Making Social Housing Safer Welwyn Hatfield Borough Council has appointed Kier to deliver fire safety works across its housing stock under a programme which includes replacing 3,600 sets of fire doors. Kier, a certified member of testing and certification organisation BM TRADA, has committed to working with BM TRADA-approved suppliers on the project,…
Apprentice Jude Kirkwood-Thompson has been named “Apprentice of the Year”, with her employer, property services company Ian Williams, also receiving an award for its training academy at this year’s National Housing Maintenance Forum (NHMF) Awards. The NHMF is a leading source of best practice for the social housing sector, with a focus on building maintenance…
29.01.2021, 07:16 Acquisition Finance Raised for Residential Complex Cushman & Wakefield has raised acquisition debt and joint venture equity financing for a 48-unit apartment complex in Boulder, Colorado. The purchase transaction for Glenwood Village Apartments at 2747 Glenwood Ct closed with an equity investment of US $11,000,000 and debt financing of US $7,000,000 with a…
19.01.2021, 08:53 Airbnb Distorting Rental Housing Market Short-term rentals on Airbnb and other online vacation rental marketplaces are causing rent increases in the longer term lettings market according to new research from the University of Cologne. The study into the impact of short-stay lets was led by Felix Mindl and Dr Oliver Arentz who identified…
18.12.2020, 00:32 Providing 20,000 Meals to Those in Need The Wimbledon Foundation has extended its support for organisations addressing food poverty at Christmas and beyond as part of its response to COVID-19. With support from Food and Drink at Wimbledon, and food surplus distribution charity City Harvest, the Foundation will have supported the provision of…
16.12.2020, 15:34 The Festive Make or Break? Tim Morris, Cymphony managing director, explains why telephone answering services are particularly in demand over the festive season. After a tough year in the property sector, everyone deserves a break over the festive period. However, with a survey of 1,600 businesses from BT finding that a missed call…
01.12.2020, 13:20 Regional GSHP Project Recognised with Global Award Together Housing and Kensa Contracting have received international acclaim for a ground source heat pump retrofit programme involving 770 homes in the North of England. A sub-category of the annual European Heat Pump Awards (EHPA), the Heat Pump City of the Year (HPCY) award commends local…
A BBC report on Oxford’s pioneering smart-city project coincides with the launch of UK Prime Minister, Boris Johnson’s 10-point plan for a green revolution. The Prime Minister’s 10-point plan is set to put the UK back on track to meet its net-zero carbon target by 2050. The plan, which includes the aim to install…
11.11.2020, 11:35 Following Safety Guidance Outside Work Scottish Housing Minister Kevin Stewart has joined the Construction Industry Coronavirus (CICV) Forum in reminding the sector’s workers to stay COVID smart in their social lives and when travelling to and from jobs. After explaining it was “essential” for construction workers to keep following guidance to protect…
Kensa Contracting is hosting a free webinar to provide a virtual site tour and insights into the ground-breaking transport, power and energy superhub project in Oxford. The webinar is being supported by Stonewater Housing and members of the Energy Oxford Superhub (ESO) consortium. ————————————————————————————————————————— Webinar details: 10th November 2020 | 14.00pm – 15.45pm Registration…
30.10.2020, 10:23 Supporting Community and Home Owner Associations MRI has added a new software solution for community and home owner associations following its acquisition of the Jenark platform from CoreLogic. Jenark aligns with MRI’s existing product set for the management of residential property portfolios, addressing the unique needs of community and homeowner associations by facilitating…
20.10.2020, 18:17 Refinancing of Eighteen Capital Group Residential Portfolios Cushman & Wakefield has refinanced a loan on a nine-property apartment portfolio totaling 1,969 units in Arkansas, Texas, South Carolina, Indiana and Missouri. The US $108,000,000 cash-out refinancing deal involved a 10-year loan with interest only payments for the first two years, a fixed coupon of…
Barnet Homes, a subsidiary of Barnet Council in North London, has launched an in-house repairs service with field service management software from Belfast-based Totalmobile. Designed in consultation with local residents and Barnet Homes’ Housing Association Performance Advisory Group, the new maintenance platform provides real-time snapshots of the performance of field operatives. With easy…
09.10.2020, 16:05 Supporting One of the UK’s Largest Residential Property Managers Online construction portal Alcumus SafeContractor is helping property major Rendall & Rittner streamline hard services procurement for 80,000 residential units across the United Kingdom. Introduction Rendall & Rittner are one of the largest property management companies operating across the UK. With a large and…
28.08.2020, 12:21 Scottish Construction Forum Launches Recovery Consultation The Scottish Construction Leadership Forum (CLF) has published a draft recovery plan in collaboration with other leading Caledonian organisations and businesses. The construction industry in Scotland has been hit hard by the Covid-19 pandemic. The sector in Scotland which provided £7.8 billion GVA to the Scottish…
20.08.2020, 17:38 Metro Atlanta Residential Development Refinanced Cushman & Wakefield Denver’s Equity, Debt & Structured Finance Group has arranged a US $16.26 refinancing loan for Concord Chase Apartments, a 224-unit community development in Smyrna, Georgia owned by Eighteen Capital Group. Located at 300 Hurt Rd SE, the complex is situated approximately 10 miles northwest of…
07.07.2020, 12:17 CICV Forum Proposes Scottish School Building Action Plan The Construction Industry Coronavirus (CICV) Forum has submitted a building action plan to the Scottish Government under an initiative in support of the reopening of schools. The campaigning collective has written to Kevin Stewart, MSP, the Minister for Local Government, Housing and Planning, and…
29.06.2020, 16:11 Virtual Viewings Become the New Normal Residents have begun moving into Woodpecker Gardens, a new development in Greenwich, south east London, built under a partnership between Meridian Home Start and Pinnacle Group. Meridian Home Start, a Community Benefit Society set up by the Royal Borough of Greenwich to develop affordable homes for rent,…
22.06.2020, 13:44 Preventing the Spread of Covid-19 with Electrostatics UK facility and property management services provider Pinnacle Group has launched a COVID-Secure cleaning service which utilises the latest electrostatic technology. Providing antiviral protection for a period of 25 days, the treatment ensures corporate, office, residential, and school spaces are safe for use and remain sanitised even as surfaces…
15.06.2020, 15:11 Saving Housing Groups Unnecessary Boiler Callouts Vericon Systems has added a new remote access feature to its connected intelligent boiler control system for Housing Associations and Social Housing providers, BCM:Connect. BCM:Connect monitors a boiler’s condition in real time, using machine learning to predict system failures. The solution can also monitor boilers remotely,…
29.05.2020, 13:14 Lockdown Prompts Surge in Residential Rodent Enquiries Record increases in residential enquiries to Rentokil during Covid-19 are raising concerns about rodent infestation in unoccupied commercial properties. According to data from the global pest control expert, residential enquiries surged by 45 per cent in March and April 2020 – months when rodent activity traditionally declines, to establish…