Construction news

• House builder Chartway sold to private equity firm

  30-06-2022 13:03 via constructionenquirer.com
  Private equity group Cabot Square Capital has acquired a majority shareholding in South East developer and contractor Chartway Group.
  It is Cabot Square’s latest major move in the construction sector following its acquisition last year of a majority shareholding in offsite specialist Premier Modular.
  Keith Maddin, Partner at Cabot Square, said: “Chartway Group is a leading South-East England based partnerships housebuilder with turnover in excess of £100 million and a trac
  
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• Murphy Group appoints new chairman

  30-06-2022 09:19 via constructionenquirer.com
  
  J Murphy & Sons has named its new chairman to replace Alastair Kerr, who retires at the end of the year after 10 years at the business.
  John Cresswell, current non-executive director of Capita, has been appointed as non-executive chairman, effective from the start of November.
  Cresswell, who is also operating advisor at investment bank Lazard Asset Management, joins as the specialist engineering and civils contractor targets further growth on the back of strong recent trading.
  Last year reve
  
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• Subcontractors told to stop work on Brymor sites

  30-06-2022 09:00 via constructionenquirer.com
  
  Major southern regional contractor Brymor Construction is telling subcontractors to stop work at sites.
  The Hampshire firm’s head office telephone has also been diverted to voicemail for several days.
  Brymor is one of the biggest regional contractors operating around the south coast of England, employing around 150 staff at the £80m revenue business.
  Denmead-based Brymor is believed to have filed a letter of intent to enter administration in the High Court late last week.
  One firm th
  
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• Tolent seals £40m Newcastle ‘future-living’ housing job

  30-06-2022 08:31 via constructionenquirer.com
  
  Sunderland City Council has signed up Tolent to build the first housing scheme for its planned Vaux neighbourhood at Riverside Sunderland.
  The 135-home first will be the first of four new communities that will take shape at Riverside and demonstrate designs for housing in the future.
  Construction work on the 135-home scheme is expected to commence within weeks.It is the first of four new distinct neighbourhoods that will create 1,000 city centre homes.
  The £40m Vaux project will see Tolent
  
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• Cruden takes first job at £1.3bn Edinburgh Waterfront scheme

  30-06-2022 08:30 via constructionenquirer.com
  
  Cruden has secured the first phase of an ambitious £1.3bn scheme to create a new coastal town at Granton Waterfront in Edinburgh.
  Edinburgh City Council has named the firm as the preferred bidder to take forward the first phase consisting of 750 net zero homes for slae and rent, a new school, medical centre and infrastructure.
  In the next couple of years, the Council will work in partnership with Cruden to take forward pre-development works.Over the next 15 years, the regeneration of Grant
  
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• Trio of student towers to be built at Brent Cross Town

  30-06-2022 08:08 via constructionenquirer.com
  
  Student accommodation specialist Fusion is set to appoint a main contractor next month for its first development in London.
  Fusion at Brent Cross Town will be a new £210m (GDV) scheme which will provide 662 private rooms in time for the 2024/2025 academic year.
  The site has been acquired by a joint venture between Fusion and investor Cheyne Capital and the student accommodation will be one of first buildings to complete at Brent Cross Town.Designed by Glenn Howells Architects, the new buil
  
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