Commercial News | Latest Construction News - Part 4

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.

Stanhope JV acquires £450m stalled Bankside office project in London

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The £450m Row One development, designed by Danish architects BIG, is set to rise on the former Red Lion Court site beside the old...

Race heats up for £80m Harrow Road housing scheme in London

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The project will deliver 144 new homes across three buildings rising to 15, 10 and five storeys. Half of the properties will be affordable...

McAlpine lands £450m Therme Manchester resort contract

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The appointment follows the launch of Therme Horizon, a €1bn joint venture between Therme Group and private equity giant CVC, marking a major milestone...

43-Storey Landmark Tower Planned for Manchester’s Red Bank

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The 50–54 Red Bank development will bring forward 509 new apartments, complemented by shared amenities, landscaped outdoor spaces, and panoramic views across the city....

Pentalec M&E Specialist Files for Administration

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The Gillingham headquartered specialist was formed in 2017 with the “purpose of offering a fresh approach to Building Services Contracting, founded on the principles...

UK Cement Production Falls to Lowest Level Since 1950

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Fresh figures from the Mineral Products Association (MPA) reveal that UK cement production fell to 7.3m tonnes in 2024 – less than half the...

Winvic turnover surpasses £1bn with 70% profit surge

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Winvic has reported a strong set of results with turnover rising 6% to £1.02bn for the year ending 31 January 2025, breaking through the...

Bouygues Secures Contract to Deliver LSE’s 2,000-Bed Bankside Towers in London

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The development close to Tate Modern Gallery has been designed by Carmody Groarke and Sheppard Robson. It will replace the outdated mid-century block with a...

M&J Evans Boosts Profits with Successful Eastward Expansion

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The Midlands-based housing specialist reported a pre-tax profit of £3.8m for the year to December 2024, up from £2.2m the previous year, despite a...

Carey Demolition Cartel Dispute Resolved with Developer Settlement

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Hong Kong-based developer Circadian Limited launched legal action in March, alleging it had been overcharged for demolition work linked to the industry’s bid-rigging scandal....

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