Construction
New CEO for Balfour Beatty
Construction behemoth Balfour Beatty has named its new CEO.
Qatari Diar makes headway on US Embassy scheme
US Embassy developer Qatari Diar has reported reaching a key 'milestone' in its plan to transform the iconic building on Grosvenor Square.
PCL projects under threat as developers face ‘concerning’ construction shortages
The delivery challenge facing developers and investors in prime central London has never been greater, according to a new report by consultancy EC Harris, which predicts that some projects in the capital's…
BoJo sorts out green light for Mount Pleasant
One of the largest - and most controversial - schemes in central London has finally been given the thumbs up by Mayor Boris Johnson.
Vertical Horizon: Investing in the future of London’s skyline
An extraordinary profusion of new structures will dramatically alter the shape of London's horizon over the next few years, including the 64-storey 'The Pinnacle' and the Kohn Pedersen Fox-designed…
The Move Out: London’s shifting development landscape
Resi development in central London "continues to escalate" says JLL, with the number of units under construction now only just shy of 22,000 – up 15% during the first half of 2014, and double the total…
Lodha plots $5bn London resi play
India's biggest resi property developer is reportedly gearing up to splash $3bn on new assets in London over the next four years, with a further $2bn set aside for construction.
Central London housing completions to reach 10,000 in 2015 – JLL
The number of new units under construction across Central London has doubled in just two years, according to a new report being released today.
Mace lands £400m BBC Television Centre contract
It may have been pipped to the post on that £600m Battersea Power Station contract last week, but construction giant Mace has just landed an equally high-profile gig over in West London.
South Ken basement dig halted by planners
RBKC planners have stepped in to stop an unauthorised basement excavation on Stanhope Mews.
Homeward Bound: The West End’s 1.8m sq ft office-to-resi pipeline
Just under 800,000 sq ft of West End offices were converted into homes in 2013, says Colliers International, with another 1.82m sq ft of conversion projects now in the homeward-bound pipeline.
PCL development land values soar
Residential development land prices in prime central London rose by 6.7% in Q2, reports Knight Frank, while the average increase across England & Wales languished at +1% for the quarter.