Ciaran Nerval

Greystar has acquired a 904-home build-to-rent portfolio at Elephant Park in London's Elephant & Castle from Lendlease and Canada Pension Plan Investment Board (CPP Investments) in a landmark circa £500m deal.

Last week, a report from MERA Investment Management revealed that bank lending to private housebuilders had fallen by 25% from its pre-Covid peak.

Frasers Group, owned by billionaire retail entrepreneur Mike Ashley, has finalised its £1.7bn bid for fashion and fragrance retailer Hugo Boss.

Metropolitan Thames Valley Housing (MTVH) has secured a £250m funding package from NatWest to boost the delivery of new affordable homes and community initiatives.

Investment manager, developer and operator Apache Capital has appointed Savills’ Emily Brooke as asset manager for build to rent (BTR).

Leaf Living, Blackstone’s new-build single-family rental housing provider, has appointed David Mullin as chief financial officer (CFO).

Housing association Platform Housing Group has agreed to forward-purchase all 177 units of Vistry's affordable housing scheme in Chelmsley Wood, Solihull.

Arada London, part of UAE developer Arada, has agreed to forward sell 136 affordable homes being developed in Camden, north London, to housing association Clarion Housing Group, which will make them available for social rents.

London mayor Sir Sadiq Khan has unveiled an £88.6m investment package to enable more than 20,000 construction courses to train the next generation of housebuilders.

Housing association Clarion Housing Group has secured planning permission for a 249-home social rented scheme in Mitcham town centre in south London.