Page 26 - Property Week News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2021-03-12T00:00:00 A Property Week investigation reveals local authorities are sitting on a pile of unspent S106 and CIL contributions – K&K Property Holdings CEO Kino Law on the firm’s London expansion plans – Lockdown boom in online grocery shopping leads distributors to search for delivery depot sites in the capital This content is only available to registered users You must be Register for free to finish this article. Sign up now for the following benefits: Four FREE articles of your choice per month Breaking news, comment and analysis from industry experts as it happe...

Property Week, the financial secretary to the Treasury Jesse Norman said: “Local authorities can continue to acquire property using offshore companies for permitted purposes, i.e. where the property purchase is in order to deliver the local authority’s core functions. Similarly, local authority pension funds can continue to invest in this way.” As a direct result of the Property Week investigation, Clinton-Brown wrote to the Treasury urging it to clamp down on local authorities avoiding stamp duty land tax by investing in commercial property via tax-haven unit trusts. The PW investiga...

By Mitchell Labiak2021-03-11T00:00:00+00:00 A quarter of a billion pounds could go a long way in Westminster. Local schools and hospitals would be unlikely to turn the cash down. Nor would residents be likely to complain about it being spent on roads or playgrounds. However, Westminster City Council is sitting on £250m in unspent developer contributions in the form of community infrastructure levy (CIL) and Section 106 payments. This money is supposed to be spent on local infrastructure to mitigate the impact property development has on an area. Westminster is far from the only council to ...

It’s the explosive interview everyone has been waiting for. No, not THAT one (all I’ll say about the Harry and Meghan interview is that as a mixed-race woman, I think it’s critically important to address race and mental health issues.)

Or, as professor Timothy Beatley argues in his new book, by its birdsong? “The idea of judging cities by economic metrics like GDP is understandable, but I would say that one good metric is the extent to which residents, wherever they are, can hear birds singing – it is so life-enhancing and so delightful,” says Beatley, an urban planning expert at the University of Virginia’s school of architecture. His book, The Bird-Friendly City, is an appeal to developers, architects and local planners to put nature – and specifically birds – at the heart of their designs. Why? Because he be...