More News – Page 1692
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Waltzing in
AEG Europe and architect Lifschutz Davidson Sandilands have submitted proposals to Greenwich council for a 450-bed hotel with a triple-height reception pavilion next to the O2 dome
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Countryside loss hits £54m as details of debt deal emerge
Turnover crashes by half as housebuilder is hit by falling market and exposure to mixed-tenure schemes
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Citywatch: Nobody is indispensable (except Mark)
Shares in Connaught were showing no sign of recovery early this week after last Friday’s shock announcement that chief executive Mark Davies would part ways with the social housing specialist in August
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Ray of light: Adams Kara Taylor's Malawi academy
Structural engineer Adams Kara Taylor has collaborated with an international team including Arup to design and build the £9.2m Raising Malawi Academy for Girls
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Balfour’s £1.9m buy
Balfour Beatty has acquired Multibuild Hotels and Leisure and Multibuild Interiors in a deal worth £1.9m
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Lovell’s £22m deal
Affordable housebuilder Lovell has won its first contract, worth £22m, through its framework with River Clyde Homes. It has started work on 195 homes at three sites in Port Glasgow in Inverclyde.
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£100m Home loan
Barclays bank has loaned Waterloo Housing Group £100m to build 3,000 homes in the Midlands over three years. Waterloo was formed 15 months ago from the Eastern Shires Housing Group and Waterloo Housing Association.
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Bowkett’s double shift
McCarthy & Stone has appointed Alan Bowkett chairman a week after fellow housebuilder Gladedale hired him for the same non-executive role. Bowkett has a reputation for turning round struggling firms.
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Hyder optimistic
Engineering consultant Hyder has said it will beat profit forecasts in its full-year results despite being owed £9.4m in Dubai. It said it had scaled back work in Dubai, but had won six major projects since October.
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Mouchel renegotiates
Consultant Mouchel has renegotiated terms with its banks to avoid a breach of covenants
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DoH seeks to foil £28m claim
The Department of Health is seeking to throw out a £28m claim for bid costs filed against it by a John Laing-led consortium
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Frank’s club
Plans have been revealed for a Frank Gehry-designed clubhouse for a beach golf club on Abu Dhabi’s Saadiyat Island
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Universities may face even harsher capital spending cuts
Universities may face further cuts to capital spending on top of the reduction announced this week, it has emerged
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Church ahoy!
Finnish architect ARK-house has completed a building at Vuosaari Harbour in Helsinki to welcome visiting seamen
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Two largest packages awarded on Crossrail early works
Costain and Skanska joint venture and Carillion bag major contracts from civils framework
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Harry Neal to go into liquidation
Directors of London-based building firm agree to move after winding-up petition is issued
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Transfer of 2012 legacy land hits further delay
Fears grow over future of 10,000-home post-Olympic redevelopment sites as LDA and government fail to agree on price
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Government moots change to stamp duty
Change to regulations may boost private rented sector by reducing duty on bulk purchases of flats