Author: property

Rock & Alluvium is now part of Van ElleVan Elle said that the acquisition of Rock & Alluvium, announced on 26th October 2023, had completed on 30th November. It added: “There are early signs of a recovery in commercial and residential opportunities in London and...

Keltbray reports that its order book has now grown four-fold in the last four years and its value is roughly double the company’s annual turnover (which was £528m last year). Keltbray has been boosted by securing a place on Scottish & Southern Electricity Networks (SSEN)...

​​​​​​​Lee Hartley, company manLee Hartley takes over as chief executive of Novus Property Solutions on 1st January 2024 having spent his entire 25-year career with the Seddon family business. He joined Seddon as a trainee quantity surveyor in 1996 and worked his way up. He...

5 Chancery Lane was originally built in 1910LS Estates has appointed Ardmore as main contractor for the redevelopment of 5 Chancery Lane, London EC4. The £50m retrofit of more than 100,000 sqft of office space is designed to reduce operational carbon and water consumption and...

Artist's impression of Dunton HillsBrentwood Borough Council has resolved in principle grant planning permission for Dunton Hills Garden Village. The planning application, submitted by CEG in autumn 2021, provides for up to 3,700 new homes, three care homes, a village centre and two neighbourhood centres...

The amount of money taken through the tills – the value of sales – was 3.3% lower in the July-September period this year compared to in 2022, despite prices having gone up by 8%. But while prices continued to rise over the quarter, they may...

Chief executive Ray O'Rourke In the year to 31st March 2023, Laing O’Rourke achieved top line revenue growth of 13%  to £3.4bn but it made an operating loss of £276.6m and a pre-tax loss of £288.1m. The results include £195m of exceptional items, mostly relating...

Heathrow Terminal Five departure loungeFrench private equity firm Ardian is buying a 15% stake in Heathrow from Ferrovial and Saudi Arabia’s Public Investment Fund (which also owns Newcastle United Football Club) is taking the other 10%. Heathrow’s other major shareholders are the Qatar Investment Authority...

Hercules chief executive Brusk Korkmaz Future Build Recruitment, a specialist UK-based white-collar recruitment company operating in the UK construction industry, is the first acquisition that Hercules has made since its foundation by Brusk Korkmaz in 2008. Brighton-based Future Build will be integrated into Hercules' Labour...

North Wessex DownsWiltshire Council has given National Grid planning approval to remove overhead high voltage electricity line in the North Wessex Downs area of outstanding natural beauty, (AONB) to the north of Devizes, and replace it with underground cables. Archaeological work which will start in...

Builders and medical managers got together to have their photo takenSouth Tyneside & Sunderland NHS Foundation Trust is relocating its eye hospital from a 75-year-old building on Queen Alexandra Road in the southeast of the city to a new 10,000 sqm building within the city...

Christian Huckstep (left) and Dave Meldrum Duxford now becomes Meldrum’s third office, alongside Gatesgead and Stockton-on-Tees. The new office is headed by Christian Huckstep, regional project director for Meldrum Construction. "Meldrum's proven ability to deliver successful projects in the South East made establishing an office...

Working at height needn't be dangerousHealth & Safety Executive (HSE) official statistics collate only limited data and can only teach us so much. If it gathered more information, we could learn more and improve workplace safety, it is  argued. The Access Industry Forum is an...

Bishop & Taylor chew over the autumn statement and late paying clients, discuss why Grenfell Tower still stands, and question whether state aid should go to a company owned by Persimmon and Goldman Sachs. 29th November 2023: Episode 141: Listen online Re:Construction Podcast: A fortnightly...

Triton Construction chairman Mike ParkinsonIn the year to 31st March 2023 turnover was flat at £62.1m (2022: £62.8m) and pre-tax profit was reduced to £119,000 (2022: £936,000). With such slim profits, no equity dividends were paid. However, after coming through “some of the worst trading...