UK unemployment falls to a 45-year low
Unemployment in the UK is now at the lowest level for 45 years and more people are in jobs than ever despite the current Brexit gloom, official figures revealed today. The Office for National Statistics has said the number of people out of work in the past three months has now been falling for five years and […]
Investor backs Middlewood Locks with £112m funding
RBC Real Estate Capital Partners is to provide PRS brand Get Living with a combined £112m in term and development financing for its part of the Middlewood Locks scheme in Salford. The funding is split across two phases of Get Living’s recently acquired Middlewood Locks units – the first loan is secured by approximately 275 flats in a […]
Everton readies £500m stadium designs
Everton Football Club’s designs for its new stadium at Bramley-Moore Dock are set to be revealed in July, as part of a second public consultation on its relocation from Goodison Park. The consultation, which will run between 26 July and 25 August, will seek views on the latest design concepts for the waterfront stadium and […]
National Geographic declares Liverpool’s ‘distinctive’ skyline one of the most beautiful in UK
Liverpool has been featured in the National Geographic’s list of the most beautiful cities in the UK. The list features eight British cities, alongside the best viewing points within each, to take in the scenic landscapes. National Geographic praised the unique attributes of Liverpool, noting: “Few skylines in England’s north come close to Liverpool’s for distinctive charm”. The magazine […]
World’s five top shipping lines will now call at Liverpool after new deal is agreed
Chinese giant COSCO will take slots on an existing service via Montreal and it joins MSC, Maersk, CMA and Hapag in starting or growing a presence in Liverpool. Peel Ports has secured yet another shipping line for the Port of Liverpool which means the world’s five biggest lines will now be calling into the Mersey. […]
New Isle of Man ferry terminal near Liverpool city centre approved
A new ferry terminal linking Liverpool with the Isle of Man has been approved by the council. The terminal, which will replace the current facility on the Pier Head, is set to be built on at Princes Half Tide Dock just north of the city centre. It will mean a ferry linking the island will […]
Damac Chairman Says Dubai Property to Recover in 2020
Hussain Sajwani, chairman and founder of Damac Properties PJSC, discusses Dubai’s property market and plans to ramp up investment in London amid a potential hard Brexit. He speaks at the World Economic Forum’s annual meeting in Davos, Switzerland, on “Bloomberg Surveillance.” (Source: Bloomberg) Watch video on Bloomberg News: https://www.bloomberg.com/news/videos/2019-01-23/damac-chairman-says-dubai-property-to-recover-in-2020-video#
Brexit Housing Crash Fears Stay in London as Regions Catch Up
The Brexit-inspired decline in London’s property values has yet to cause any serious ripples in other areas of the U.K. While price-growth and activity may be slowing amid the uncertainty, almost every other major urban area in the country is still experiencing a rising market, according to Acadata. It’s a national divide that’s all too apparent to […]
MIPIM | ‘Country may look lost, Manchester’s not’
During a MIPIM set against a backdrop of continued political uncertainty, Place North West met with Greater Manchester Mayor Andy Burnham and council leader Richard Leese, to discuss Greater Manchester Spatial Framework challenges, delivering housing numbers, local politics, and Brexit. Andy, kicking off with the topic on many Manchester property professionals’ minds, as the GMSF consultation draws […]
United Living kicks off Salford PRS project
The contractor and developer, working in a joint venture with investment business High Street Group, has started on the 127-home project to the west of Middlewood Locks. Demolition works completed last summer to clear the site and enabling works are now under way to help deliver a mix of homes on the site at Middlewood […]