HOME ABOUT LAND ACQUISITION DEVELOPMENTS TEAM CONTACT IN: NEWS OCTOBER 11, 2021 UK loses 83% of department stores since BHS collapsed by – Emma Simpson The figure highlights the extent of the upheaval in the High Street as the Covid pandemic sped up changes in shopping habits. The data, compiled by commercial property information firm CoStar Group, also reveals that more than two-thirds of these shops remain unoccupied. Some 237 big stores have yet to be taken over by a new business. “The data undoubtedly highlights the acceleration of change in the retail sector in recent years, which the pandemic has only exacerbated,” said CoStar Group’s head of analytics, Mark Stansfield. READ ARTICLE OCTOBER 11, 2021 Government poised to water down ‘radical and necessary’ overhaul of England’s planning system, report suggests by By Andy Gregory Robert Jenrick had argued reforms would ‘bridge the generational divide and create an ownership society’ The government is poised to abandon key elements of its “radical and necessary” overhaul of England’s planning laws – which ministers argued would “help us build the homes our country desperately needs” – following a backlash from Tory MPs and voters in the south, according to a report. More than a year ago, the housing secretary Robert Jenrick announced his intention to replace the planning system in use since just after the Second World War with reforms which would “provide secure housing for the vulnerable, bridge the generational divide and recreate an ownership society”. READ ARTICLE SEPTEMBER 21, 2021 How is coronavirus affecting house prices? by By Stephen Maunder Discover what the pandemic means for buyers, sellers and homeowners The UK property market has enjoyed a boom of late, with house prices rising by 8% year-on-year – but there are signs that the market may have peaked. A temporary cut to stamp duty rates resulted in soaring prices, but the latest data from July shows that month-to-month price growth fell 3.7% since the 30 June tax break deadline. Here, Which? explains what’s happening to house prices and provides advice on making an offer on a property in these uncertain times. READ ARTICLE JULY 16, 2021 Data centres have come of age by By Andy Gulliford In March, as the pandemic began to spread, people who work in data centres were added to the government’s list of key workers. It shows how far data centres have come that a once specialist and obscure real estate sub-sector has become one of the most sought-after, as use of technology rocketed during lockdown. Already growing demand has soared, fuelled by a surge in digital data to facilitate connections for businesses in a home-working environment, for video streaming, increased social media activity and downloaded content for home entertainment. Couple this with the fast-growing trend for businesses to move their IT functions into the cloud, and estimates that the data centre market could grow by 15% a year between now and 2024 don’t sound unrealistic. READ ARTICLE JULY 16, 2021 100 business leaders urge Prime Minister to build HS2 in full by By David Walsh More than 100 business leaders from across the North and Midlands have written to Prime Minister Boris Johnson urging him to commit to building HS2 in full. They fear that despite the PM promising the full delivery of HS2 last February, there have recently been rumours that the Eastern Leg will be scrapped. READ ARTICLE MAY 1, 2021 £10 million redevelopment scheme set to sew up Linen Quarter by By Love Belfast Proposals for the exciting £10million redevelopment of buildings on Linenhall Street and Clarence Street within Belfast’s vibrant Linen Quarter are set to be submitted to Belfast City Council this winter as Surrey-based development company Domus UK Ltd, owned by NCH Capital Inc., seeks to invest in further regeneration of the district. Under the proposed plans, Belfast’s historic Linen Quarter, one of the city’s most attractive areas, will host a new Grade A office development designed to enhance the district’s prominent position as a thriving employment and leisure destination. READ ARTICLE APRIL 29, 2021 The birth of Build to Rent – how did it become the PRS’s biggest trend? By Matthew Lane Before the pandemic struck, Build to Rent (BTR) was undeniably the property market’s fastest-growing trend. Many expect it to recover quickly, too, as returns are solid enough to have nervous institutional investors happily ploughing money into what is seen as something of a safe haven. With commercial, office, retail and industrial all set to suffer as a result of Covid-19, residential’s popularity among pension funds, private equity firms and other major financial players is likely to soar. READ ARTICLE APRIL 29, 2021 450 HOMES PLANNED FOR FORMER LEATHERWORKS by Stephen Farrell Senior Digital Staff Write Almost 450 homes could be built on the site of a former leatherworks in Leeds if newly submitted plans get the go-ahead. Domus UK, supported by WYG and Hester Architects, has submitted an application to Leeds City Council for the redevelopment of a site on Buslingthorpe Lane in Chapeltown. The specialist residential property developer is seeking planning permission for 449 apartments across five buildings at Hilltop Works, a brownfield site and former leatherworks which has largely fallen into disuse since the 1960s. READ ARTICLE CONTACT Domus UK Limited Unit 4 Paris Parklands Railton Road Guilford GU2 9JX E: info@domus.uk.com P: 01483 236 322 QUICK LINKS HOME THE COMPANY DEVELOPMENTS LAND ACQUISITION TEAM CONTACT NEWS Copyright 2021 TOP