Student accommodation specialist Unite has recouped 75% of its building safety recladding costs in a recent round of remediation work on five blocks. Unite is looking to recoup between 50 and 75% of costs from contractors as remediation work in the second half of 2023 hit £69m. Remediation work was carried out on 16 buildings
Despite economic headwinds demolition and regeneration specialist John F Hunt grew revenue by nearly 50% last year and has now nearly doubled in size over the last two years. Group revenue hit £157m delivering a 72% uplift in profit to £9.5m in the year to March 2023. Profit growth was driven by the regeneration and
The Stewart Milne group is now in administration and the house builder has ceased trading with the loss of 217 jobs. Administrator Teneo shut all sites on Monday afternoon leaving staff and suppliers stunned at the group and six of its subsidiaries. Teneo said: “No further construction is being completed, at this time by the
Seventy firms have secured places on procurement group Fusion21’s national building improvements framework worth up to £346m over a four-year period. Around three-quarters of the winners are SMEs and together cover a wide range of internal and external improvement works from the installation of kitchens, bathrooms, windows and doors to roofing work. Fusion21 Building Improvements Framework
Caddick Construction has appointed a new managing director for its civil engineering business as it gears up for expansion after strong growth in Yorkshire. Simon Martin joins Caddick Civil Engineering following 18 years as group business development director at Durham-based MGL Group. During his time at MGL Group, he led a team that gained positions
Core Highways Group has rebranded as Core Highways bringing all its subsidiaries together under one brand. The move will see the Amberon, Barrier Services, Forest Traffic, JTM Signs and MLP Traffic operations come together as one. Core Highways has 1,300 staff and more than 1,000 directly employed operatives working in a combined turnover business of
Former McAlpine engineering director Alison Cox has joined the board of southern building contractor Beard. Cox takes a non-executive director role at Beard, bringing more than two decades of construction experience. Most of this was spent at Sir Robert McAlpine having been an engineer, project manager and until last year managing director of the London
London M&E specialist Gratte Brothers doubled in size last year to reach £250m turnover, exceeding even board expectations. But inflationary pressures and provisions on a major project, understood to be the giant 21 Moorfields Deutsche Bank HQ project in London, squeezed margins. Despite these challenges, group operating profit still increased slightly to £2m (2022: £1.6m)
Stewart Milne Homes North West England Ltd has filed a notice of intention to appoint an administrator. The Manchester based business is the English outpost of the Scottish based house builder. Latest results for the North England West business show a turnover of £45.9m for the year to October 31 2022 generating a pre-tax loss
Later living developer-operator Untold Living has submitted plans to Eastbourne Borough Council for a 139-home seafront integrated retirement community. The mid-market retirement specialist, which is backed by Matter Real Estate, completed the acquisition of a prime 2.5-acre seafront site at Sovereign Harbour in November from Birch Limited, a Richardson family company. Subject to planning
