UK Property

UK Property

Tulip Real Estate Acquires Premier London Hilton Property in £30 Million Deal from Lone Star

Image Description: Sidd Mahajan is the founder and managing director of Tulip Real EstateLONDON, June 07, 2025 (GLOBE NEWSWIRE) -- In a landmark move that solidifies its presence in the UK's luxury hotel market, Tulip Real Estate, led by founder and managing director Sidd Mahajan, has acquired the prestigious 5-star Hilton London Syon Park for approximately £30 million. Image Description: Hilton London, Syon Park Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I...
UK Property

UK’s ‘worst seaside resort’ insists abandoned £18.5m investment isn’t a ‘blow’

A popular seaside resort that has grappled with its image in recent years is facing yet another blow, as it seemingly struggles to sell a huge £18.5 million shopping complexBangor was recently dubbed the worst seaside resort in the UK(Image: Getty Images/iStockphoto)A popular seaside city savagely ranked as one of the UK's worst has clapped back at claims it has suffered a major blow over a £18.5 million complex.For many, Bangor - nestled on the coast of Wales and just a stone's throw from Snowdonia National Park - is a...
UK Property

Top family names with unclaimed estates in UK | Personal Finance | Finance

As of April last year, nearly 6,000 estates across the UK remain unclaimed. This could equate to a staggering £1,674,281,307 lying dormant in property value alone until the rightful heirs can be identified, according to law firm Weightmans.These unclaimed estates may also include assets, savings, heirlooms and potentially life-altering windfalls. While the exact contents of each estate are unknown, the names of the deceased are made public in an attempt to locate their next of kin and beneficiaries. The government maintains a comprehensive list of all the unclaimed estates in...
UK Property

Surprising state where international buyers are scooping up property despite a looming crash

A handful of cities in Texas are grabbing the attention of international buyers, who are coming mainly from India, China, and Mexico to find low prices amid a possible housing crash. Houston, Austin, and San Antonio all made the list of destinations where homebuyers from around the world are purchasing investment properties, second homes for their kids, or a home they will retire in.Houston was the number 5 most searched US city by non-US consumers throughout the month of April, according to a new report from Realtor.com.International demand also grew noticeably in...
UK Property

They’re not making land — but property has still faced some painful times

Property’s ability to generate both income and share price gains has long given it a special place in retail investors’ hearts. As Mark Twain famously remarked: “Buy land, they’re not making it any more.” The residential and warehouse sectors — beds and sheds — have been particularly popular in recent years.That enthusiasm is easy to understand. The rise of online shopping and the growing need for giant data centres — both fuelled by coronavirus lockdowns — meant record breaking demand for warehouse space and ultra-low vacancy rates. Those factors in...
UK Property

UK house prices slump by £1,150 – but millions now ‘confused’ | Personal Finance | Finance

UK house prices slump by £1,150 month-on-month (Image: Getty)Average house prices in the UK fell by around £1,150 or 0.4% month-on-month in May, according to a leading index.Property prices now average £296,648, compared to £297,798 last month, Halifax has said. But, despite the monthly price drop, property values are still more than £7,000 higher than last year, Halifax said. May’s month-on-month price fall follows a 0.3% increase in April. Amanda Bryden, head of mortgages at Halifax, said: "These small monthly movements point to a housing market that has remained largely...
UK Property

US private equity firm makes big ticket UK student housing acquisition

Dallas-based private equity firm Lone Star Real Estate Fund VII has agreed to buy nine purpose-built student accommodation assets for £212 million. The seller is Unite Student, the UK’s largest developer and owner of student accommodation, while the deal is set to go through in August 2025. The portfolio comprises 3,656 beds across nine high-quality PBSA assets in five well-located university markets: Aberdeen, Leicester, Leeds, Nottingham and Sheffield. Jérôme Foulon, global head of commercial real estate for Lone Star, said: “This transaction aligns with Lone Star’s global strategy of investing...
UK Property

UK pensions bill pushes more investment in private markets

Stay informed with free updatesSimply sign up to the Workplace pensions myFT Digest -- delivered directly to your inbox.A contentious change in UK legislation around pensions will push more defined contribution workplace schemes to boost investment in British private markets, pension experts have said. The Pensions Schemes Bill, published on Thursday, sets a framework to allow regulators to force the default funds of workplace DC schemes to invest in specific assets including private equity, private debt, venture capital or property. The power, which would be enforced by the Financial Conduct Authority and...
UK Property

4 Ways AI Is Revolutionising Property Accounting in the UK

Discover how AI is transforming UK property accounting with automated bookkeeping, MTD compliance & predictive insights.  Photo by Binti Malu from PexelsProperty accounting is getting simpler – and faster. With Making Tax Digital (MTD), the end of self-assessments is on the horizon, and landlords are leaving behind spreadsheets and paper records in favour of AI tools that can automate admin and help them keep their financial records in order and compliant with regulations. Of course, AI is getting a lot of attention at the moment, and you might think the...
UK Property

Doctors’ surgeries bid battle is shot in the arm for UK property

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.What better place to test the health of the UK property market than a doctor’s office? A takeover battle for NHS landlord Assura — which involves a private equity bidder slugging it out with a listed competitor — has renewed the debate over the future of the City of London. Assura, which owns a portfolio of mainly GP surgeries and healthcare centres, seemed set to become the latest in the procession of...
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