January marks the start of a new year and an opportunity to reflect on both the challenges and progress across the Integritas Property Group portfolio. The past year has been a demanding one for the UK development sector, particularly following the introduction of new requirements from the Building Safety Regulator. While these measures are designed to improve building safety standards, their rollout has created disruption across the industry. Delays, evolving expectations and inconsistent guidance have affected development pipelines nationwide, and our projects have not been immune. Independent developers have faced particular complexity as the regulatory framework continues to take shape.
Despite this, progress continues across the portfolio thanks to the resilience of our teams and the ongoing support of our supply-chain partners. Several developments are moving into key new phases, supported by strong collaboration both on site and behind the scenes. There are also encouraging wider market signals. Government commitments to housing delivery, infrastructure investment and planning reform have helped stabilise sentiment, and investor confidence is gradually improving as we move into 2026. Some funding matters remain under active management and may influence parts of the programme through 2026 and into 2027, but these are being addressed with a focus on transparency and structured communication.
The wider property market is showing signs of stabilisation after several years of economic uncertainty, rising interest rates and increased regulation. Financial conditions are gradually improving, with borrowing costs easing and confidence returning to both owner-occupiers and investors. House price growth is steady rather than rapid, suggesting a market that is recalibrating towards more sustainable performance. This environment favours investors focused on long-term fundamentals, income resilience and regional opportunities rather than short-term speculation. Rental demand remains strong, supported by affordability pressures in the sales market, population growth and changing lifestyle trends. Legislative reform is reshaping landlord responsibilities, encouraging further professionalisation of the sector and creating opportunities for well-capitalised, compliant investors with professionally managed assets.
Cavendish Waters
At Cavendish Waters, both blocks have progressed through key foundation stages, although the programme is running behind earlier targets. Substructure works are complete, piling and ground floor slab works have been delivered, and early superstructure elements are now visible, particularly on Block B where brick and blockwork has reached first-floor level. Completion is now anticipated toward the end of Q4 2026, with some elements potentially extending into Q1 2027.
Central Point
Central Point saw strong early progress, including full substructure completion and the installation of the tower crane. However, construction activity has been paused since May due to knock-on impacts affecting a key delivery partner and ongoing regulatory challenges linked to the Building Safety Regulator. Discussions to resolve these matters are continuing, with the aim of achieving clarity and progressing toward a restart.
Vaux and Custom Print
Vaux and Custom Print remain at the pre-application planning stage, with redesigned proposals submitted that increase height and residential unit numbers while remaining aligned with the wider Pumpfields regeneration strategy. Although delays have occurred, the redesign strengthens the long-term value and specification of both schemes, and new planning approvals are being targeted in the coming year.
Portside Place
At Portside Place, groundworks on Block A are expected to commence shortly. As this block falls outside Building Safety Regulator requirements, the project is able to progress without additional regulatory delay. Enabling works have been completed and contractor mobilisation is underway, marking the transition into active construction and the start of visible progress on site.
Sovereign Point
Sovereign Point is preparing to begin enabling works and full site clearance. Surveys, logistics coordination and contractor mobilisation are in progress, positioning the development for its next stage. This scheme forms an important part of the future delivery pipeline, and early works will unlock the site’s potential while maintaining continuity across the wider portfolio.
Westminster Point
Westminster Point has completed site clearance and enabling works, ensuring the site is secure and ready for the next phase. In parallel, the project team is advancing the Building Safety Regulator Gateway Two submission and coordinating associated design updates. Regulatory and technical processes are progressing positively, keeping the project well positioned for transition into construction once approvals are secured.
The Lyceum
At The Lyceum, works were paused during 2025 to allow the team to de-risk the next delivery phase. Behind the scenes, progress has continued through engagement with new construction suppliers and lending partners, strengthening the supply chain and funding structure. These steps have reduced risk and positioned the project to return to site in a controlled and confident manner, reinforcing its strategic importance within the portfolio.
Looking back at 2025, the group achieved strong press coverage and multiple award nominations, reflecting the progress made across the portfolio and the collaborative approach taken to delivery. This recognition highlights the strength of the team, the quality of partnerships and a continued commitment to responsible development and transparent working practices. As 2026 begins, the focus remains on steady progress, regulatory diligence and long-term value creation, supported by the ongoing trust of investors, suppliers and partners.
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