Construction news

• HTC crane drivers reject pay offer

  24-03-2017 11:26 via constructionenquirer.com
  The UK’s largest tower crane operator is facing an outbreak of industrial action over the summer after its drivers rejected a 3% pay offer.
  Over 50 crane drivers working for HTC Wolffkran unanimously rejected the offer at a mass meeting on Wednesday.
  Now construction union bosses at Unite are threatening a full industrial action ballot in early summer, unless the company significantly improves its pay offer.
  This could herald a summer of chaos on big construction sites, part
  
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• Henry Boot shines with 22% rise in profits

  24-03-2017 10:55 via constructionenquirer.com
  Developer and contractor Henry Boot is pressing ahead with a raft of development and construction schemes after enjoying a strong uplift in pre-tax profit.
  Profit for 2016 rose 22% to nearly £40m after 74% growth in revenue to £307m, driven mainly by the property investment and development arm.
  Construction division operating profit rose 16% to £10.3m, on revenue slightly down at £84m.
  Chairman Jamie Boot said the Hallam Land business had seen an uplift in land
  
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• Bid race for £30m Lancaster Uni health campus

  24-03-2017 09:32 via constructionenquirer.com
  Lancaster University is calling up firms to bid for its planned 85,000 sq ft health innovation building.
  The building, which is expected to cost up to £30m to build, already has planning.
  The University aims to let the contract through a single stage bid process in July, when funding is also expected to be confirmed.The Health Innovation Campus aims to bring together innovators, academics, businesses and health care providers to drive advances in health treatment.Designed by John McAslan &
  
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• Deutsche Bank new HQ plan backs post-Brexit London

  24-03-2017 08:32 via constructionenquirer.com
  Developer Land Securities is in exclusive talks with Deutsche Bank regarding a pre-let for a new London HQ at its planned Moorfields development in the City.
  The developer confirmed the talks about the HQ this morning in what is being seen as a major post-Brexit vote of confidence in the city.
  The scheme would be located directly above Liverpool Street Crossrail’s Moorgate ticket office and Moorgate Underground Station.
  A 500,000 sq ft project is already consented although LandSec sai
  
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• Loopy skyscraper plan for New York

  24-03-2017 08:07 via constructionenquirer.com
  A New York architect is floating designs for a striking hairpin-shaped tower next to central park that would stand out as the longest building in the world rather than one of the tallest.Concepts for what is being called The Big Bend propose a slender arched structure that would measure 1.22km in length from end to end, effectively nearly double the height of towers like the Burj Khalifa.It would straddle another building on Billionaire’s Row on 57th Street, creating a world-class str
  
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• Crest Nicholson shareholders revolt over directors pay

  24-03-2017 00:03 via constructionenquirer.com
  Crest Nicholson shareholders have revolted over director pay packets after the house builder cut profit targets used to determine performance-based bonuses.
  The rebellion at Crest came as investors complained that profits targets that trigger generous share awards for top executives were too easy to meet after they were cut for a second year in a row.
  Despite around 58% voting again the directors’ remuneration policy on Thursday the house builder said it plans to push ahead
  
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