Planning, development and Construction

BL will cut 'Cheese Grater' plans | 14 Aug 2008

British Land (BL) will hold off on its development plans of the 'Cheese Grater', a new skyscraper in the City.BL said it would review the development's timings and maintained its ......

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Rok drops commercial property arm | 13 Aug 2008

Development contractor Rok is to withdraw its commercial property arm and lessen its exposure to the market.The firm reported a healthy 22 per cent interim profit and said it was ......

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Crunch hits developed countries hardest | 11 Aug 2008

The credit crunch has hit developed countries hardest forcing sales of their commercial property to new lows, a report by Real Capital Analytics has claimed.It found global sales fell by ......

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London Underground announce 'framework 12' | 08 Aug 2008

London Underground has announced the 12 firms it selected for its Vendor Capital Programme (VCP).Carillion, Skanska, Mansell Construction, Taylor Woodrow, Costain, Dyer & Butler, Morgan Est, Nuttall, Geoffrey Osborne and ......

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Olympic developer warns profits down under | 05 Aug 2008

The Olympic Village's developer has warned the Australian stock exchange, UK activities will hit its group profits, Bloomberg has reported.Lend Lease said it expects net profit to fall by nearly ......

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Poll reveals 2009's confidence levels | 05 Aug 2008

An electronic poll of fund managers, analysts and traders has revealed their predictions for commercial property returns in 2009.According to Reuters, almost 75 per cent of those surveyed at an ......

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Segro: Tax will force developers to demolish | 04 Aug 2008

Commercial property developer Segro has claimed the government's tax on empty commercial property is leading to increased demolition."Empty rates make it too costly to provide cheaper, older property. It makes ......

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Blears shoots down Arrowcroft's plans | 31 Jul 2008

The secretary for state for communities and local government, Hazel Blears has rejected Arrowcroft's east Croydon regeneration plans.Despite saying she supported the idea for a mixed-use redevelopment, she turned down ......

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Builders adsorb rising construction costs | 29 Jul 2008

Builders are absorbing rising construction costs by not passing on the expense to customers, the Royal Institution of Chartered Surveyors (Rics) has said.It revealed tender prices fell 2.4 per cent ......

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Fortis close to winning 'Battle of the Cheapside' | 28 Jul 2008

Fortis Bank has agreed terms on the top floors of St Martins Property Group's 150 Cheapside scheme.If the deal is completed then rival bidder, US law firm Orrick Herrington & ......

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