Results tagged “developers”

DUBAI developer Damac is looking to move its British headquarters from Canary Wharf to West London.

The firm only opened its office at 40 Bank Street just over six months ago. But it has reportedly already “outgrown� the site, and plans to expand it and convert it into a dedicated sales centre instead.

Its decision is part of a wider consolidation plan in the British Isles. Offices in Glasgow, Southampton, Birmingham and Dublin will be closed as showrooms in Manchester, Leicester and Chiswick are extended.

A GOVERNMENT agency has warned UK housing associations could be "significantly exposed" to turmoil in the housing market after carrying out a survey of the country’s top 100 developers.

A report, published by the Housing Corporation on work done last month, concludes: “The emergence of serious problems in international credit markets over the past year, combined with the slowdown in the UK residential property market, means that housing associations are facing challenging times.