More news – Page 3346
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News
Housing shares slump as interest rate rises take their toll
Share prices across the housing sector fell sharply this week as housebuilders sounded the first serious notes of caution over interest rate hikes.
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DTZ acquisition
Property adviser DTZ has acquired Donaldsons, a firm in the same sector, for £40m now and up to £8.8m later.
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Buoyant St Modwen
Developer St Modwen has reported pre-tax profit of £65m for the six months to 31 May, an increase of 48%.
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Ten better than one
Scottish contractor Robertson Group has reported a 93% rise in pre-tax profit to £14.1m for the year to 30 November 2006 after a restructuring into 10 subsidiaries.
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Substandard Life
Standard Life has cut the value of its £4.5bn property fund amid warnings of price falls in the UK commercial property sector.
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Costain statement
Costain has told the City it is trading in line with expectations, and its building division made “steady improvement” during the first half.
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Labour supplier Hennelly’s goes into adminstration
Labour supplier Hennelly’s, which was providing workers for Balfour Beatty at the King’s Cross regeneration scheme, has gone into administration.
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NewsBBC sues over Elstree fault
The BBC is suing Land Securities Trillium (LST) over an electrical fault that caused serious damage at studios in Hertfordshire.
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NewsBrown seeks alternative to PGS
Prime minister puts housing at the top of the agenda and unveils plans to build 3 million homes by 2020
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NewsTender prices continue steady rise
BCIS finds price rise could outstrip general inflation over two years
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FeaturesIs Brown's plan for 3 million new homes by 2020 feasible?
The Prime minister this week announced plans to dramatically escalate housebuilding in England and Wales over the next 12 years.
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Rider Levett Bucknall forecasts 50% growth
Birmingham project and cost manager set to increase regional turnover from £10m to £15m
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NewsHouse price rises slow for first time since 2006
RICS report finds fall in buyer demand due to interest rate rise
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NewsCan we fix it?
CIC chief Keith Clarke wants us to project a more positive image of workplace health and safety, but is that really going change anything? And is it as much fun as pointing out the foibles of safety cowboys?
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NewsGrafton turnover up 12.5% to £1bn
Builders merchant reports double-digit profit growth in first six months
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NewsGreen light for Gehry's Brighton scheme
Design for the 'crumpled tin can' towers has been signed off by council despite strong local opposition