Construction news

• Materials giant CRH looks to sell contractor Farrans

  06-12-2022 14:18 via constructionenquirer.com
  Building and civil engineering contractor Farrans Construction is being put up for sale by its owner CRH.
  The global materials giant confirmed it is looking at a potential sale following a strategic review of the business.
  In a statement CRH said: “While no final decision has been made, following a strategic review, CRH is exploring the potential divestment of its construction contracting business, Farrans.“The business, which has a successful track record, a strong market presence a
  
  Read more

• Construction buyers fear for year ahead

  06-12-2022 11:24 via constructionenquirer.com
  Optimism levels among construction buyers have slipped to a two-and-a-half year low.
  The latest bellwether S&PGlobal/CIPS UK Construction Purchasing Managers’ Index shows expectations for business activity growth during the year ahead dropped to the lowest level since May 2020.
  That previous low was back in the days of the start of the pandemic and those times aside the degree of positive sentiment was the joint-weakest since December 2008.The activity Index recorded 50.4 in November d
  
  Read more

• Ilke Homes pulls off £100m record-breaking fund raise

  06-12-2022 10:51 via constructionenquirer.com
  Modular housing specialist ilke Homes has raised a record-breaking £100m from new and existing shareholders.
  US-based investor Fortress led the equity investment fundraise, with existing shareholders TDR Capital and Sun Capital also subscribed.
  The new funding will help ilke Homes scale-up its operations and open a new factory that will increase output capacity to 4,000 homes a year, creating over 1,000 new jobs in the UK.Giles Carter, CEO at ilke Homes, said: “Our latest fundraise d
  
  Read more

• Schools get £500m for energy upgrades this winter

  06-12-2022 09:08 via constructionenquirer.com
  The Government is releasing £500m to schools and colleges in England to spend on energy efficiency upgrades, helping to save on bills during the winter months and manage energy consumption.
  Education Secretary Gillian Keegan said the handout would not only help save money, but also make school and college buildings more energy efficient during the cold period and increase winter resilience for future years.
  On average, a primary school will receive approximately £16,000, a secondary
  
  Read more

• Advertisement

• Bid race for £500m Suffolk construction framework

  06-12-2022 08:58 via constructionenquirer.com
  Suffolk County Council is on the hunt for firms to join its construction and building services framework expected to be worth up to £500m over four years.
  The framework, which will also be open to public contracting authorities within the East of England, will be used to deliver construction and building services needs including mechanical, electrical and plumbing from 1 June 2023 to 31 May 2027.Framework lotsLot 1 Construction £0 – £1m projects
  Lot 2 Construction £
  
  Read more

• Former Galliard chief takes helm at Inland Homes

  06-12-2022 08:28 via constructionenquirer.com
  Former Galliard Homes chief Don O’Sullivan has taken the role of chief executive at Aim-listed south east house builder Inland Homes.
  He takes over the role from Inland founder Stephen Wicks who retired at the end of September.
  Going forward, O’Sullivan will lead the ongoing strategic review of Inland Homes which will be unveiled before April 2023.
  He said: “I am pleased to be joining Inland Homes as its new CEO at such a strategically important time.“I am looking forward
  
  Read more

• Mace employs robot dog to avoid slip and trips in tunnel

  06-12-2022 08:22 via constructionenquirer.com
  Mace is using a robot dog on a tunnel refurbishment job at Heathrow Airport to avoid slips and trips in dark underground conditions.
  The project team has nicknamed the dog ‘Dave’ at Heathrow where Mace is refurbishing and updating mechanical and electrical services on a luggage and cargo transport tunnel.
  Dave is a robot developed by Boston Dynamics equipped with a Trimble X7 scanner to provide 3D laser scans during work on the 1960’s tunnel.The robot dog allows the project tea
  
  Read more

• Industry veteran to head Henry Bros northern arm

  06-12-2022 08:04 via constructionenquirer.com
  Contractor Henry Brothers Construction has appointed industry veteran Peter Commins as director of its Northern region.
  Commins’ appointment follows the opening of a Henry Brothers office in Manchester after several recent successful contract wins in the region. These include the refurbishment of The University of Manchester’s Chemistry Building, Glossopdale School and work for the Defence Infrastructure Organisation.
  He brings 50 years experience in both construction and civil engin
  
  Read more

• Advertisement

• Gove calls for competition probe into house building

  06-12-2022 08:03 via constructionenquirer.com
  Levelling-up and housing secretary Michael Gove is turning up the heat on developers after urging the Competition and Markets Authority to conduct a review of house building.
  The move comes as Gove today reveals new measures to “strengthen” his Levelling Up and Regeneration Bill.
  Housing targets remain, but the old 300,000 homes a year target will now be advisory for councils considering planning rather than mandatory, a major climbdown after threats of a Tory MP rebellion over the i
  
  Read more

• 1,000-home North London scheme approved

  06-12-2022 08:01 via constructionenquirer.com
  Housing association Catalyst and development partner Hill Group have secured planning for a near 1,000-home mixed-use development in North London.
  The site adjacent to St Ann’s Hospital in South Tottenham will also provide enhanced green spaces, shops, and other commercial uses, including affordable workspaces, while retaining and restoring several historic hospital buildings.
  Hill will deliver 239 homes within the first phase which gained detailed approval. Outline plans for an additional
  
  Read more

Follow @new_constructio on Twitter!