More news – Page 3296
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DBKs Welsh office
Consultant DBK Back has opened an office in Cardiff, which will be its first base outside England.
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French acquisition
Construction product specialist SIG has acquired French roofing products distributor Larivière for £202m.
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Bilfinger Berger buys UK firm
German contractor Bilfinger Berger has acquired O’Hare Engineering as part of a strategy to expand its UK business.
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Northern Ireland’s McLaughlin expands into Scotland
Northern Irish contractor McLaughlin & Harvey has bought Ayr-based contractor Barr.
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Sharewatch — Oh no, it’s the Monetary Policy Committee …
Housebuilders had another unhappy week in the City, thanks to the prospect of a further interest rate rise. Taylor Woodrow fared worst; its shares fell 8.3% to 460p. Bellway fell 7.6% to £14.39, closely followed by Bovis Homes, whose price was down 7.3% to £10.60.
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Housing stats: New-build sales and completions in April 2007
More than 2,000 houses were finished in the South-east but private completions fell compared with last April
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Tall poppies …
Coin Street Community Builders has revealed these revised proposals for a tower on the south bank of the Thames in London (second from left).
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Balfour hit by King’s Cross walkout
Balfour Beatty is “monitoring” its relationship with a key labour supplier after the £115m King’s Cross project was hit by industrial action.
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Shares in SMC drop 48%
Shares in SMC Group have dropped 48% since last week to 45p after the alternative investment market-listed architect issued a profit warning.
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Rogers at the British Museum
The British Museum in London has appointed Rogers Stirk Harbour + Partners to develop designs for a temporary exhibition space and for a world conservation centre.
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Amicus stewards reject pay deal
Shop stewards from M&E union Amicus have refused to back a three-year Joint Industry Board pay deal of up to £14.35 an hour, claiming the deal would be worse than the Olympics agreement.
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Call for Olympic architects
The development partner for Stratford City, a consortium led by Lend Lease, and the Architecture Foundation have issued an international call for architects to design the Athletes village for the London 2012 Olympic Games.
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Care home renovation grants
Care homes in England are to receive £67m of funding for renovation, the Department of Health has announced.
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The Big Yin
Ian Simpson Architects has designed this £125m, six-star hotel in Glasgow. Progress Property Developments has applied for planning permission for the scheme, which will contain 158 bedrooms and 68 apartments.
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Welsh skyscraper
What would be Wales’ tallest residential building has been submitted for planning permission.
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Inspaces train shed
Support services group Inspace has secured phase two of the £45m regeneration of the former Royal Train Shed site in Wolverton, Buckinghamshire, for the property management and regeneration group Places for People.
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Timber fire safety
The UK Timber Frame Association has appointed a specialist fire safety consultant.
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1bn mixed scheme
St Modwen has secured consent from Newport council for a £1bn development at Llanwern, south Wales.
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Tenant demand drops
According to the RICS lettings survey, only 16% more surveyors reported a rise in tenant lettings than those who reported a fall.