Archive for the 'Construction News' Category

Output down 0.2% as new work falls 2.4% in September

November 13, 2015 | Comments Off on Output down 0.2% as new work falls 2.4% in September

Construction output fell 0.2 per cent in September after new work declined 2.4 per cent month on month, according to the Office for National Statistics.

London resi developer sets up subbie framework

November 13, 2015 | Comments Off on London resi developer sets up subbie framework

Exclusive: Essential Living will start to procure directly with some “key trades” through a new tier two framework, according to its managing director.

Double-digit office growth to drive project starts in 2016

November 13, 2015 | Comments Off on Double-digit office growth to drive project starts in 2016

A near-doubling in office starts will help to drive a 6 per cent increase in total project starts in 2016, according to new forecasts.

Kier bags Birmingham development partner role as receipts delays increase debt

November 12, 2015 | Comments Off on Kier bags Birmingham development partner role as receipts delays increase debt

Kier’s net debt is forecast to increase by £64m year on year as it experiences delays in closing accounts, while contract wins have continued apace.

Exclusive: £400m warchest to rescue affordable housing deals

November 11, 2015 | Comments Off on Exclusive: £400m warchest to rescue affordable housing deals

A major equity investor has created a £400m warchest to buy up affordable home deals as interest from housing associations wanes.

Barratt targets 20% margin as forward sales rise

November 11, 2015 | Comments Off on Barratt targets 20% margin as forward sales rise

Barratt Developments says it is “on track” to meet its target of 20 per cent gross margin by 2017 after posting a boost in sales.

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