Construction news

• Equans reduces losses to £39m after new build homes exit

  21-08-2024 22:48 via constructionenquirer.com
  
  Equans Regeneration continues to battle with heavy losses after deciding last October to exit the new build housing market.
  The contractor, bought by French construction giant Bouygues in 2022, now concentrates new build activity solely on student accommodation while ramping up efforts in energy retrofits and housing refurb markets.
  Despite the strategic shift, continued costs from closing out new build jobs continue to dog Equans which has just posted a pre-tax loss of £39m for 2023, impr
  
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• Robertson pulls-out of £71m school campus scheme

  21-08-2024 22:17 via constructionenquirer.com
  
  Robertson has withdrawn from a £71m school project in Aberdeenshire after winning the contract race.
  Client Aberdeenshire Council said the decision could delay construction of the new Peterhead Community Campus by at least 18 months.
  The council said: “Peterhead Community Campus project is facing an additional delay, following communication from our preferred contractor Robertson Construction that they are withdrawing from the project.“The project was already experiencing delay
  
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• Curo Construction to take on former Henry job

  21-08-2024 11:43 via constructionenquirer.com
  
  Curo Construction has been appointed to complete a build-to-rent development in Kent where work ground to a halt when original contractor Henry Construction went bust last year.
  Work will now restart immediately on the the The Charter in the centre of Gravesend which will contain 242 apartments and a multi-storey car park.The Charter is being developed by Rosherville Ltd – the wholly owned commercial trading company of Gravesham Borough Council – in partnership with Reef Group.Jamie
  
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• Bugler replaces failed builder ARJ on £23m flats job

  21-08-2024 09:53 via constructionenquirer.com
  
  Dacorum Borough Council has appointed Bugler Developments to restart a stalled flats scheme in Hemel Hempstead.
  Original builder ARJ Construction fell into administration not long after securing the project to build 56-flats, workspace and cafe at the former Paradise Depot.
  The council feared it was at risk of losing a significant part of the funding  secured for this project as a result of the Hertfordshire’s builder’s collapse.
  In order to protect the continuity of the project
  
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• Bugler in talks to replace failed builder ARJ on flats job

  21-08-2024 09:53 via constructionenquirer.com
  
  Dacorum Borough Council is in talks with Bugler Developments to restart a stalled flats scheme in Hemel Hempstead.
  Original builder ARJ Construction fell into administration not long after securing the project to build 56-flats, workspace and cafe at the former Paradise Depot.
  The council feared it was at risk of losing a significant part of the funding  secured for this project as a result of the Hertfordshire’s builder’s collapse.In order to protect the continuity of the proje
  
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• Wavensmere submits plans for Wolverhampton £150m scheme

  21-08-2024 08:59 via constructionenquirer.com
  
  Wavensmere Homes has submitted a full planning application to City of Wolverhampton Council for the £150m residential-led Canalside South development.
  The 17.5-acre former industrial site is located within the city centre and benefits from frontage onto the Wyrley & Essington Canal and the Wolverhampton Branch of the Birmingham Main Line Canal.
  Plans for the derelict site include 530 homes and a range of commercial amenities designed by Glancy Nicholls Architects.James Dickens, Managin
  
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• Go-ahead for Glasgow 36-floor student tower

  21-08-2024 08:45 via constructionenquirer.com
  
  Developer/contractor Watkin Jones has got the green light from planners to build a high-rise student flats block on the site of a former tax office in Glasgow.At 114m high, the building known as the Ard, will be the second tallest building in the city behind The Glasgow Tower at the science centre.Designed by Hawkins Brown, the Ard scheme will consist of two buildings of 36-storeys and 10-storeys, providing over 780 student bedrooms.
  Ongoing demolition works at Portcullis House will make way for
  
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• Costain profits double to £17m in first half

  21-08-2024 08:42 via constructionenquirer.com
  
  Costain doubled pre-tax profit to £17m in the first half of the year as operating margins strengthened across the business to a group-wide 2.5%.
  On the back of the strong performance and cash position, chief executive Alex Vaughan announced a £10m share buy-back to start with immediate effect.
  Revenue at the contractor slipped 4% to £639m in the first six months to June largely because of a fall at the highways business, partially offset by growth at the Natural Resources divis
  
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• Green light for first UK flying taxi base

  21-08-2024 08:32 via constructionenquirer.com
  Construction will start this Autumn on the UK’s first “vertiport” for flying taxis.
  Skyports Infrastructure has unveiled designs for the centre in Oxforsdshire alongside partners Bicester Motion after the 444-acre future mobility estate in Bicester received planning permission from Cherwell District Council.
  The images show the vertiport positioned adjacent to Bicester Motion’s existing general aviation grass runways, where it will continue the airfield’s long histo
  
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