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The Latest Breaking News on Real Estate

UC calls controversial $4 billion Blackstone investment a 'capitalistic' win for retirees

University of California investment officials said Thursday that their controversial decision to invest $4 billion in private equity giant Blackstone was a "capitalistic decision" to maximize returns for UC retirees and rebuffed criticism that it was worsening the student housing crisis.

Los Angeles Times

Lisburn housing development road sign 'blunder' raised at Council

Concerns raised about a 'Keep Clear' message near the Saintfield Road homes

Belfast Live

Government ‘to cut £250m from social care workforce funding’ in England

Ministers to halve the £500m promised to invest in staffing of sector with more than 165,000 vacancies, report says

The Guardian - UK

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Development containing 40 flats and eight houses planned for empty factory site near Newport city centre

The proposals would see a derelict warehouse premises redeveloped

Wales Online

Man given days to leave childhood home of 50 years after dad and brother die

Darren Evans, 51 was given four official days notice that he would need to leave the three-bedroom council home in Cardiff.

Daily Record

West Lothian park and ride plan deadline pushed back with bus services to continue

Commuter bus between East Calder and Kirknewton station will continue as the council agrees a new deadline for a car park as a planning condition of the 2,300 new homes at Calderwood. The developers are keen to develop sustainable transport options.

Edinburgh Live

Driver vows to fight £100 car park fine even if it costs him thousands

Lawrence was in the car park for 30 minutes. It is supposed to be free for three hours

Wales Online

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New-build homeowner places giant banner on home in row with housebuilder

Mr Singh alleges that the company has been ignoring him, and so to put pressure on the developers he put up a large sign outside his property.

Nottingham Post

Building work begins at 700-apartment scheme in the centre of Cardiff

The project from L&G at Central Quay is under way and will be completed in 2027

Wales Online

Dalbeattie family left "scared and frightened" after police raid flat in their building

Louise Keegan claims she, husband Matthew and their three young children have suffered “absolute hell” for a month

Daily Record

Work under way on 700-plus waterfront apartment scheme in the centre of Cardiff

The build to rent scheme from L&G at Central Quay is scheduled for completion in 2027

Birmingham Post

Ten chain-free London homes for sale — from a converted pub to a modern Camden mews

It now takes an average of 145 days to get from offer to completion. These chain-free properties are a boon for buyers in a hurry

Evening Standard

Nine-bedroom Filton HMO allowed in 'family cul-de-sac' despite neighbours' fears

There are concerns about an increasing number of HMOs in Filton

Bristol Post

New Bristol harbourside flats being built near SS Great Britain go up for sale

Next to SS Great Britain, McArthur's Yard has already seen keen interest

Bristol Post

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AAP

SA's ongoing rental crisis sparks new calls for action

South Australian welfare groups have called more action from the state government to ease the state's rental crisis.

ABC News

Fierce competition for Adelaide rental homes amid tight market, prompting calls for rental price caps

Hayden says he applied for 472 rentals in Adelaide while he was homeless. He then found a room in a share house, but has now been hit with a price increase. Despite that, the tight rental market in Adelaide means he is "not even contemplating" moving elsewhere.

Irish Mirror

Homeowners with tracker mortgage will pay €1,000 more a year after ECB hike

An average mortgage of €300,000 for 25 years will see their bills rise by an extra €960, €80 a month, because of the hike

360info

Drab public housing ideal for a climate retrofit

Eastern Europe’s ubiquitous prefab housing blocks have potential for mass climate change adaptation.

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Irish Mirror

Taoiseach Leo Varadkar says banks 'can’t have it both ways' after ECB rate hike

Speaking in Washington DC, Mr Varadkar ruled out reintroducing mortgage interest relief to help Irish customers who are facing higher mortgage payments in the coming weeks and months

Bangkok Post

Chiang Mai property to soar

The Chiang Mai property market is set for a major upswing, driven by the tourism resurgence and an influx of Chinese buyers after their country reopened its borders.

Irish Mirror

How much will Irish mortgage holders pay after ECB rate hike? Everything you need to know

“Mortgage-holders will be paying thousands of euros more in interest this year"

Daily Mirror

Man puts up massive banner giving scathing review of his £500,000 new-build home

Balbinder Singh claims Avant Homes have stopped responding to him as he attempts to fix long-standing problems at his property and says he was left with no alternative but to tell the world about it

The Independent UK

Varadkar urges Irish banks to raise savings rates after ECB interest rate hike

Taoiseach Leo Varadkar said banks should not be increasing mortgage rates if they were not also going to increase savings rates.

The Independent UK

Pope sought to lose 'as little as possible' in London deal

The Vatican's No. 3 says Pope Francis gave clear indications to get out of a disastrous London real estate deal at the heart of big criminal trial

Edinburgh Live

Plans to demolish abandoned Edinburgh office for huge new hotel set to be granted

20 Haymarket Yards was earmarked in Autumn 2022 to be demolished and replaced with a modern office block and separate hotel, as well as the inclusion of a café, landscaping and active transport links

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