construction news
Watkins Jones forward funds £90m Wembley scheme
Student rooms and build-to-rent specialist Watkin Jones has forward sold a planned 600-bed student scheme in London near Wembley stadium. Property investor DWS will pay Watkins Jones £90m for the purpose-built student accommodation scheme, released in phase during the...
ISG wins £50m shell and core deal on luxury Mayfair site
ISG has been appointed to deliver the £50m shell and core contract for a luxury residential scheme in Mayfair for Clivedale London ISG will start work this summer on The Residences at Mandarin Oriental Mayfair where the cheapest of the 80 apartments will cost...
Loan clears way for start of Glasgow regeneration project
Funding of £12m has been committed for the renovation of a Glasgow building to create office space.Funding of £12m has been committed for the renovation of a Glasgow building to create office space.Read Full Article: The Construction Index from All Construction...
Paragon Interiors ‘sold to unnamed buyer’
Paragon Interiors has been sold to an unnamed buyer, according to reports. source https://www.constructionnews.co.uk/companies/administrations/paragon-interiors-sold-to-unnamed-buyer/10040874.article
Kier reveals extra £50m debt in surprise update
Kier’s net debt ended 2018 £50m higher than previously expected, the company revealed in a surprise trading update this morning. source https://www.constructionnews.co.uk/companies/contractors/kier/kier-reveals-extra-50m-debt-in-surprise-update/10040873.article
Offshore wind secures £557m sector deal
The offshore wind industry has secured a sector deal with government that could give it access to a maximum of £557m in subsidies. source https://www.constructionnews.co.uk/markets/sectors/infrastructure/energy/offshore-wind-secures-557m-sector-deal/10040871.article
ISG scoops £50m Hanover Square job
ISG has bagged a £50m contract to deliver a hotel and residential scheme in London’s West End. source https://www.constructionnews.co.uk/companies/contractors/isg/isg-scoops-50m-hanover-square-job/10040881.article
Ayrshire Growth Deal kick-starts £250m investment
The three Ayrshire Councils and the UK and Scottish governments have signed an investment package intended to change the face of the area.The three Ayrshire Councils and the UK and Scottish governments have signed an investment package intended to change the face of...
Scottish government calls for action on construction’s gender imbalance
A new Scottish government report calls for schools and employers to work together to address gender imbalance in construction.A new Scottish government report calls for schools and employers to work together to address gender imbalance in construction.Read Full...
Police look for early end to 2035 PFI contract
Gwent’s police and crime commissioner is looking to terminate a private finance initiative (PFI) contract 15 years early. source https://www.constructionnews.co.uk/companies/financial/police-look-for-early-end-to-2035-pfi-contract/10040839.article
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