Archive for May, 2017

McAlpine replaces Bouygues on £1bn Battersea Phase 3

McAlpine replaces Bouygues on £1bn Battersea Phase 3

31/05/17

Battersea Power Station Development Company has confirmed the appointment of Sir Robert McAlpine as the new construction manager to complete Phase 3 of the project. The developer said an “intensive handover process” is underway to takeover from Bouygues who announced in March they would be leaving the job during the pre-construction phase. Work is understood […]

Europe sees drop in construction output

Europe sees drop in construction output

18/05/17

Construction output across the 28 countries of the European Union (EU28) fell by 0.8% in March compared with February and by 1.1% in the Eurozone. In February 2017, production in construction had grown by 5.5% in the Euro area and by 3.9% in the EU28. The new figures from Eurostat, the statistical office of the […]

London office work to rebound after 2018 blip

London office work to rebound after 2018 blip

17/05/17

Office construction in the capital is set to stutter in 2018 before a strong rebound to levels not seen since the boom 27 years ago. The upbeat post-Brexit outlook for office construction over the next five years was set out in the latest London Office Crane Survey, published today by Deloitte Real Estate. The survey reveals that space under […]

North-South divide closing on construction costs

North-South divide closing on construction costs

16/05/17

Construction costs in London are set to rise by 4.1% this year according to new research by professional services company Turner & Townsend. The research also revealed that the traditional north-south divide in build costs in the UK is starting to close. The construction market in the north of England is set to experience the […]

Outlook turns cloudy for civils contractors

Outlook turns cloudy for civils contractors

04/05/17

The latest quarterly workload trends Survey from the Civil Engineering Contractors Association (CECA) found order books in decline. The net balance score of the percentage of firms in Great Britain reporting a fall in orders in the first quarter of 2017, minus the percentage reporting an increase, was 9. Previously, more firms have seen orders […]

Civils work fuels sharp rise in construction output

Civils work fuels sharp rise in construction output

03/05/17

Construction buyers have reported the biggest monthly output rise of the year so far fuelled by growth in civil engineering and residential work. The latest Markit/CIPS UK Construction Purchasing Managers’ Index rose to 53.1 in April from 52.2 in March. Civil engineering work enjoyed its sharpest increase sine March 2016 while the acceleration of residential […]

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