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Kier cashes in on PFI school stakes
Contractor makes a £4.3m profit on Oldham and Norwich stakes.Kier has cashed in on its PFI stakes in Oldham and Norwich schools to make a £4.3m profit. The stakes were sold to a joint venture between...
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Phadnis Infra aims for Rs,1,700 cr investment plan
Phadnis Infrastructure as a part of its expansion plans aims to make an investment of about Rs1,700 crore in the next five years. The company further plans to invest around Rs 600 crore in hospitality and around Rs 1,000...
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National Grid boss to head Lend Lease UK
Lend Lease has appointed National Grid’s construction director Michael Dyke to lead the part of its business formerly known as Bovis across the UK, Europe, the Middle East and Africa.Dyke will join Lend Lease as its executive director for...
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Grainger profits soar on rental growth
Residential landlord close to starting 2,500-home Newlands development.Residential developer and landlord Grainger has reported half year pre-tax profits up seventeen-fold on the same period last year to £65.2m.The firm, which holds thousands of residential properties in the UK, also...
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Green light for Gary Neville’s flower house
Make Architects have designed the Manchester United footballer’s home.A flower-shaped house designed by Make Architects for former Manchester United footballer Gary Neville has passed its final planning hurdle.The four-bedroom complex embedded in the Lancashire hills was granted planning consent...
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Olympic Village contractor faces winding up petitions
Legal action taken by a number of creditors in the Irish High Court.A petition seeking the winding up of the Olympic Athletes Village contractor P Elliott has been lodged in Ireland.The action was brought by recruitment firm MCR Perssonnel,...
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First UK tunnelling academy to open later this year
The £12.5m facility will train 3,500 people to work on Crossrail.The UK’s only tunnelling and underground construction academy is on course to open later this year. Located at Aldersbrook in East London, the UK Tunnelling and Underground Construction Academy...
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