construction news

Henry Boot has struck a £4m deal to offload its contracting arm in a management buyout. The Sheffield-based developer has agreed to sell Henry Boot Construction to newly formed PWS Construction, set up by the existing HBC leadership team. The move follows a major...

Sky and Legal & General have secured planning to almost double the size of Sky Studios Elstree in Hertfordshire. Hertsmere councillors approved the £400m Sky Studios Elstree North project, which will deliver 10 extra stages and 210,000 sq ft of Tier 1 space. The...

Midlands builder Benniman held profits steady at over £8m last year despite a slowdown in the industrial and logistics market. Pre-tax profit for 2024 came in at £8.1m, just below the prior year’s £8.4m, on turnover of £100m compared to £130m in 2023. During the year...

Munnelly Group has broken with 43 years of family ownership tradition by awarding shares to a non-family member for the first time. Director Will Noble, who joined in 2001 and has been on the main board since 2008, has been granted a significant stake in the business....

Dubai based developer Arada has acquired a 75% stake in leading London residential specialist Regal. Arada is committing an initial £500m of capital to acquire and invest in Regal to accelerate and grow delivery of its residential-led pipeline in London over the next...