How contractors should respond to the Carillion collapse
With 30,000 businesses affected and a collective £1bn owed, the scale of this insolvency is extraordinary - but the same common sense responses still apply, says Michael Gallucci
Michael Gallucci is the Managing Director and majority shareholder in M P Gallucci Quantity Surveyors Limited, providing quality surveying, project management, expert witness and dispute resolution service. An accomplished and experienced MEP Quantity Surveyor and Quantum Expert Witness with over 25 years’ experience, principally within the construction industry, specialising in Mediation, Arbitration and Dispute Resolution. On successfully graduating with a MSc in Construction Law and Arbitration, Michael is now completing his I-GDL at the University of Law. Michael is a member of the Society of Construction Law, the Chartered Institute of Arbitrators and the RICS.
Airspace developer secures £9m funding deal
Apex Airspace Developments backed by Homes England to build 78 rooftop homes across five sites in the capital
By PrimeResi
Far East Consortium sets up UK construction arm
DEX Construction has been launched by FEC Group in Manchester to take over from Bardsley Construction, which went into administration just before Christmas.
By PrimeResi
New homes watchdog advances
Natalie Elphicke has been installed as Chair of the fledgling New Homes Ombudsman.
By PrimeResi
Companies in this article
MPGQSMost read
CLS finds new buyer for landmark Albert Embankment block
Resi developer acquires prime riverside building in Central London & plans to create set of 'unrivalled residences'
Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Ranked: Britain’s most expensive streets in 2024
Rightmove's data shows a marked increase in buying interest in London's top-tier postcodes compared to last year, as the portal highlights addresses with the highest asking prices for sale and rent across…
By PrimeResi
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
By PrimeResi
‘Trophy’ West End retail & luxury resi scheme hits the market
Investment giant instructs agents to find buyer for flagship retail unit & 11 high-end apartments.
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
Historic Cadogan Place building available for the first time in 60 years
Freehold property, currently arranged as flats, is a 'gardener & historian's dream'
Sales launch at Fifth Avenue’s tallest resi tower
1,000-foot Beaux-Arts-inspired building has been designed by Kohn Pedersen Fox.
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
By PrimeResi
Tom Bill: Slow recovery for UK housing market as it awaits political & economic clarity
Recent indicators suggest transaction volumes are rising as spring approaches but the pressure on pricing is downwards.
By Tom Bill
LATEST ARTICLES
Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Rental growth stabilises in ‘subdued’ Prime London lettings market
Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.
Savills auction boosted by hat-trick of Chelsea sales
Agency's latest live-streamed event raised £62mn amid strong demand for high-value lots.