Construction news

• Crest Nicholson rejects £650m Bellway bid

  13-06-2024 23:29 via constructionenquirer.com
  
  Crest Nicholson has rejected a £650m takeover offer from rival Bellway.
  Bellway confirmed on Thursday that it made a move last month.
  It said: “The Board of Bellway believes that there is compelling strategic and financial rationale for a combination of Bellway and Crest Nicholson which would bring together the strength of each business with complementary brands to reinforce Bellway’s position as a leading UK housebuilder, while enabling Crest Nicholson shareholders to benefit
  
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• Statom starts on £25m Bristol Airport precast car park

  13-06-2024 14:42 via constructionenquirer.com
  
  Statom Group has started work on a new £25m multi-storey car park project at Bristol Airport for Griffiths Farrans JV.
  The main £60m contract to deliver a new transport hub at the airport was awarded to the Griffiths Farrans JV last November.
  Statom has been working with them for months on the car-park’s design and the first suspended slab was poured yesterday.It is the first of 45,000m2 of suspended slabs that will be built to eventually accommodate around 2,000 cars with a ne
  
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• Hill submits £800m East London estate rebuild plan

  13-06-2024 12:39 via constructionenquirer.com
  
  Plans to redevelop one of the largest estates in East London with over 1,900 new homes are advancing with the submission of plans.
  A development partnership between house builder Hill and housing association Poplar HARCA is bringing forward the £800m Treviot Estate redevelopment scheme in the Borough of Tower Hamlets.
  As one of the largest estate regenerations in London, the redevelopment of Teviot in Poplar will transform the area as it is built out over five phases.The partnership has su
  
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• Build problems plunge Crest Nicholson to a £31m loss

  13-06-2024 09:22 via constructionenquirer.com
  
  The discovery of more build problems across legacy sites has blown a hole in Crest Nicholson’s latest results.
  The house builder confirmed £15m of legacy contract problems in March at four jobs completed by its now closed Regeneration division.
  But a wider review of jobs across the whole company has unearthed further problems resulting in the provision being increased to £31.4m.That has sent the company into the red with results for the half year to April 2024 showing a pre-tax
  
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• Rebooted Amey lifts contract win rate to 1 in 3 bids

  13-06-2024 09:16 via constructionenquirer.com
  
  Infrastructure contractor and consultant Amey has delivered ahead of expectation in its first year under private equity ownership following Ferrovial’s decision to offload the business for £400m.
  The firm has significantly boosted its order book and lifted its contract bidding win rate to one in three projects, compared with a success rate of just one in 14  under the ownership of Ferrovial when it suffered significant losses.
  Andy Milner, chief executive of Amey, said: “I
  
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• Galliford Try wins £69m Scottish school job

  13-06-2024 08:16 via constructionenquirer.com
  
  Galliford Try has signed a £69m contract to build the new Paisley Grammar School Community Campus on behalf of Renfrewshire Council in Scotland.
  Designed by architect Ryder, the school is being funded by Renfrewshire Council and Scottish Futures Trust, as part of the Scottish Government’s Learning Estate Investment Programme.
  It will feature new all-weather sports pitches and a 300-seat theatre, alongside new educational facilities that will accommodate up to 1,380 pupils.
  Work will
  
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