Construction news

• Strabag UK suffers further big trading loss

  24-05-2024 09:08 via constructionenquirer.com
  
  The UK arm of Austria construction giant Strabag suffered a third year of losses as the firm continued to gear up for a long term presence in the UK.
  While the contractor has worked in the UK on HS2 since securing work in 2017 it set up Strabag UK in 2020 to become its main operating business here.
  Last year the firm reported operating losses of £17m, after falling £22m into the red in 2022 and £2m the year before that.
  Revenue almost doubled last year to £135m as its Har
  
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• Architects now upbeat after 10-months of work gloom

  24-05-2024 08:33 via constructionenquirer.com
  
  Confidence among architects about future workloads has turned the corner after 10 consecutive months of gloom in the industry.
  According to the latest Royal Institute of British Architects monthly trade survey the industry workload index is positive (+2) for the first time since June 2023.
  This ends the longest spell of gloom since the survey began in 2009.
  Over the next three months, 19% of practices expect workloads to increase, 17% expect them to decrease, and 63% expect them to stay the same
  
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• Durham Uni picks UPP for £130m student scheme

  24-05-2024 08:28 via constructionenquirer.com
  
  Durham University has picked student accommodation specialist UPP to design build and operate a major expansion of student facilities.
  The £130m project will involve refurbishment of the College of St Hild and St Bede and the development of new college accommodation at the Leazes Road site.
  This will deliver 1,000 self-catered bed spaces and associated facilities, including a shared hub building.The site benefits from a south facing aspect fronting on to the River Wear and is a short walk
  
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