Commercial News | Latest Construction News - Part 17

Commercial News

Contract Journal provides the latest commercial news related to the construction sector in UK. Commercial News articles will help you know better about the current trends of the construction industry, and also it helps you to track the performance of top companies and what are all the projects trending in the market.

Green light for Canada Water commercial scheme

Green light for huge commercial scheme of Canada Water

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British Land has been given permission to proceed with plans for a new town centre at Canada Water, which will include three million square...
Kier gets start date for delayed £36m eye hospital

Start in sight for Sunderland’s £36m eye hospital

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Contract Journal reports that Kier was named the preferred bidder in November 2021, with work scheduled to begin in the summer of 2022. South...
Skanska UK construction profit and turnover soar

Skanska UK construction profit and turnover soar

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According to Contract Journal, Skanska UK grew in revenue and profit in 2022. Pre-tax earnings for the contractor increased to £55 million, up 59%...
Lendlease Europe names new CEO

Lendlease appoints new CEO for Europe

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Mr Andrea Ruckstuhl has been appointed CEO of Europe by Lendlease, effective immediately. Ruckstuhl, a former head of Italy and Continental Europe, succeeds Neil...
Domis to start Gary Neville’s £400m landmark tower

Gary Neville’s Relentless breaks ground on £400m tower

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Neville announced the start of the project for the recognisable tower. He mentioned that the improvement of a sparsely populated area of the city...
Fire safety provisions push Durkan to £9.3m loss

Fire safety provisions push Durkan to £9.3m loss

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According to chairman Daniel Durkan, the business might expand by doing renovation and retrofit work on homes. Operationally, the company saw a reduction in...
Segro to invest £2bn on net-zero warehouses in Midlands

SEGRO commits to £2bn development programme in the West Midlands

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By the end of 2033, the company hopes to have built 13.5 million square feet of environmentally friendly warehouse space throughout the West Midlands,...
GMI Construction trebles turnover to £360m

GMI trebles turnover and plots more growth

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Due to a shift to more complex and higher-value projects, Leeds contractor GMI Construction Group's turnover will triple to £360 million in the fiscal...
Travelodge eyes plans for another 300 hotels

Travelodge plans to open 300 more hotels across UK

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Travelodge offered new hotels in an email to 220 local administrations in Britain to support their regeneration efforts. The company opened six new hotels...
Galliford Try and Midgard bag 350 homes deal at Brent Cross

Galliford Try and Midgard win a 350-home build-to-rent contract

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Galliford Try and Midgard have been chosen by joint venture developers Related Argent and Invesco Real Estate to carry out two significant residential developments...

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