Construction news

• BAM bags £110m refurb of iconic Covent Garden tower

  18-01-2022 18:55 via constructionenquirer.com
  
  London real estate developer Seaforth has signed BAM Construction for the £110m refurbishment of two landmark Grade II listed buildings in Covent Garden London.
  Designed by Richard Seifert & Partners, Space House was completed in 1968 and is well known for its innovative architecture and brutalist concrete cruciform façade.
  The iconic building first occupied by the Civil Aviation Authority will now be brought back to life as a smart building designed to BREEAM Outstanding.Squire
  
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• Build to rent boom lifts Watkin Jones profit to £52m

  18-01-2022 09:04 via constructionenquirer.com
  Students rooms and build to rent builder Watkin Jones has delivered another bumper year performance.
  Revenue last year jumped by a fifth to £354m helping the firm deliver a pre-tax profit of £52m, up from adjusted pretax profit of £46m previously.
  Previous 2020 pre-tax profit was reported at £25m after an exceptional charge of £6m for Covid and £15m for remedial cladding works.Richard Simpson, chief executive Officer of Watkin Jones, said the business was maki
  
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• John F Hunt starts giant clean-up on £110m Walsall site

  18-01-2022 08:53 via constructionenquirer.com
  
  John F Hunt has been handed a massive land remediation contract on the £110m Phoenix 10 industrial and logistics scheme in Walsall.A programme of intensive remediation and ground engineering works is now underway which is expected to take two years to complete.
  The 44-acre brownfield site will eventually be home to the 620,000 sq ft “Phoenix 10″new build scheme for Henry Boot’s property development business HBD.The site has a long industrial history of coal mining, i
  
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• Finance sealed for next-generation London office job

  18-01-2022 08:26 via constructionenquirer.com
  
  Dutch developer Edge has teamed up with the real estate arm of Goldman Sachs to develop a 27-storey ‘next generation’ green office building next to London Bridge Station.
  Goldman Sachs is investing an undisclosed sum for a 75% stake in the Edge London Bridge office tower project.
  Construction is now scheduled to start later this year with completion expected in mid-2025.Designed by architect Pilbrow & Partners, it is claimed it will be London’s most sustainable high-rise of
  
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• Kier reported to be in talks to buy Tilbury Douglas

  18-01-2022 08:25 via constructionenquirer.com
  
  Kier is reported to be in talks to buy rival Tilbury Douglas, the construction operation salvaged by bankers from the collapsed Interserve group.
  After recently strengthening its balance sheet, Kier’s board is reported to be in advanced talks to buy rival Tilbury Douglass, according to Sky News today.
  Both firms have refused to comment on the report.
  A city analysis told the Enquirer: “If a deal is on the cards it would probably require another big capital raise.
  “Mind you buyi
  
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