Construction
£500m loan puts Wanda’s One Nine Elms back on track
Chinese bank Ping An has agreed to dish out the dosh - with a £100m initial drawdown
UK brickmaker considers ‘temporarily mothballing’ two plants
A major UK brick manufacturer is considering halting production at two of its plants in response to "current economic uncertainty".
Developer given two years to rebuild pub ‘brick by brick’
A resi developer in north London has been given two years to rebuild a pub it demolished to make way for a new apartment scheme.
Howard Kennedy hires top super-prime construction lawyer
One of the best-known construction lawyers on the super-prime scene
Planning permissions for new homes hit eight-year high
Permissions for 66,102 new homes were granted in the first three months of the year in England, according to HBF and Glenigan, which is actually up 4% on the same period last year.
A Sense of Urgency: ‘Significant step up’ in housing delivery but supply still lagging demand
There has been a "significant step up" in the delivery of new homes over the last few years, according to Knight Frank, with large housebuilders now constructing 60% more homes than in 2010.
Inaugural HQR Summer Ball raises over £50k for charity
The first HQR Summer Ball - an annual bash for London's high-end resi construction sector - has raised a whopping £54,330 for the Teenage Cancer Trust and the Lighthouse Club.
Manhattan 2020: Visualising a new skyline as the new-build boom returns
New-build apartment sales in Manhattan "are poised to reach a level not seen since last decade’s boom cycle by 2018", says New York brokerage CityRealty, as condominium development activity in the best…
Global Construction Costs Compared: London named third most expensive world city
London has emerged as the third most expensive place in the world in which to build, according to a fascinating study of international construction costs.
Housebuilding starts and completions slip 9%
The number of new housebuilding starts in Q1 was 9% lower than in the same period a year earlier, according to the latest numbers from the Office of National Statistics.
McGee awarded demolition contract for Lodha UK’s 1 Grosvenor Square
London-based contractor McGee has bagged the £7.4m contract for the demolition of the former Canadian High Commission building at 1 Grosvenor Square.
100 units already sold at Oakmayne’s Two Fifty One
Oakmayne's new scheme in Southwark has seen a strong take up, with nearly a third of the units going before the construction enters the fit-out phase.