Commercial News | Latest Construction News - Part 3

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.

500-Home Development to Replace 19-Storey Office Tower in Sutton

500-Home Development to Replace 19-Storey Office Tower in Sutton

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The Press Works project will feature 312 build-to-rent homes and 195 co-living residences, strategically positioned directly opposite Sutton train station.Pending approval, construction is set...

Shed Specialist Marbank Enters Administration

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The Surrey-based contractor has delivered over 300 industrial units, with a total value exceeding £1bn, since its establishment in 1994. Reports Contract Journal Its projects span...

Construction Boss Jailed for Embezzling Funds to Fuel Casino Habit

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Wesley Grainger-Smith, 66, was sentenced to two years and four months in prison at Lincoln Crown Court last week.Grainger-Smith, from Winthorpe, had previously admitted...

Kier and Investec JV Aim for £400m in Logistics Projects

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The newly launched venture has successfully secured its first site with the off-market acquisition of a 4.4-acre former office site in Hemel Hempstead, Hertfordshire....
Laing O’Rourke Chairman Announces Decision to Step Down

Laing O’Rourke Chairman Announces Decision to Step Down

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Ray O’Rourke will assume the role of Chairman in April, following Sir John’s decision to step down at the close of the group’s financial...

M&E Firm J S Wright Enters Administration

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Both firms are headquartered in Birmingham, with additional offices in Bristol and London, employing around 160 staff.After transitioning to employee ownership in October 2021,...
£4.5bn Funding Plan Unveiled to Revive Stalled London Rail Projects

£4.5bn Funding Plan Unveiled to Revive Stalled London Rail Projects

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A financing model that successfully funded the Northern Line extension to Battersea could be adapted to drive economic growth and boost housing development, according...
Sisk Begins Construction on £300m Children's Cancer Centre

Sisk Begins Construction on £300m Children’s Cancer Centre

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The seven-storey, 5,400-square-metre prime retail and office development features lower ground, ground, and first-floor retail space, with five additional storeys dedicated to office and...
McLaren Secures £60M New Bond Street Contract for Top-Down Construction

McLaren Secures £60M New Bond Street Contract for Top-Down Construction

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The seven-storey, 5,400-square-metre prime retail and office development features lower ground, ground, and first-floor retail space, with five additional storeys dedicated to office and...
Castleforge Targets Expansion with £100M Data Centre Deal

Castleforge Targets Expansion with £100M Data Centre Deal

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The facility, strategically located near London in the Foxboro Business Park, spans 11,800 square meters across three well-equipped buildings and provides 26MVA of power,...
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