• Persimmon invests in modular house builder TopHat

    Persimmon invests in modular house builder TopHat
    Modular house builder TopHat has raised £70m from new and existing shareholders as it prepares to open Europe’s largest modular housing factory to manufacture up to 4,000 ultra low-carbon homes a year.
    House builder Persimmon and institutional investor Aviva, through its Aviva Capital Partners unit, have each made a substantial investment in the company.
    Existing shareholders Goldman Sachs Asset Management also subscribed to TopHat’s latest fundraising round.Persimmon aims to e
  • Keltbray appoints former Laing O’Rourke commercial chief

    Keltbray appoints former Laing O’Rourke commercial chief
    Keltbray has appointed Andrew Chaney as commercial director for its Built Environment Division, reporting to Vince Corrigan, Keltbray’s chief operating officer.
    Chaney brings a proven track record in developing and leading high-performing commercial teams and has wide-ranging experience working on complex civil engineering schemes in the UK and Australia.He joins from Laing O’Rourke, where he has worked for over 25 years, gaining considerable onsite expertise in specialist ground and
  • Firms put on alert for £4.5bn Northumbrian Water AMP8 deal

    Firms put on alert for £4.5bn Northumbrian Water AMP8 deal
    Northumbrian Water is calling up contractors to help shape its procurement plans ahead of launching a £4.5bn AMP8 procurement race in the Autumn.
    The water company, which also operates in the south east in Suffolk and Essex, aims to reshape the way it delivers capital investment.
    This will see it shift to an embedded client collaboration model, based on an ‘enterprise’ approach involving shared a vision and values with contractors and joint incentivisation.The water company wan
  • Weston to build £33.5m Essex “garden suburb”

    Weston to build £33.5m Essex “garden suburb”
    House builder Weston Homes has exchanged contracts to aquire a 10.36 acre site in the village of Thornwood in Epping with plans for a new £33.5m residential scheme.
    The Thornwood Park development will be a “garden suburb” containing up to 62 new family homes complete with gardens, landscaping, community orchard, parking and 4.7 acres of public open space in the form of a pocket park.
    Outline planning for the scheme has been granted allowing demolition of existing buildings on t
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