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Retail and Hotel news and contracts

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Two firms shortlisted for Merseyside redevelopmentSubscription

Bowmer & Kirkland and Eric Wright have been shortlisted for the deal to redevelop Kirkby town centre in Merseyside.

Hammerson pulls out of £3.4bn Intu takeover_Brent Cross Shopping Centre

Hammerson pulls out of £3.4bn Intu takeoverSubscription

Hammerson has advised its shareholders to vote against the £3.4bn takeover of rival Intu.

O’Rourke and Vinci face off for £300m Chester job

O’Rourke and Vinci face off for £300m Chester jobSubscription

Laing O’Rourke and Vinci have been shortlisted for a £300m commercial development in Chester.

Hammerson rejects 'wholly inadequate' French takeover bid

Hammerson rejects 'wholly inadequate' French takeover bidSubscription

Hammerson’s board has unanimously rejected a £5bn takeover bid from European retail developer Klépierre, calling its offer “wholly inadequate” and “entirely opportunistic”.

Travelodge to invest £340m in hotel estate

Travelodge to invest £340m in hotel estateSubscription

Travelodge has revealed plans to build 20 new hotels with a combined value around £240m. 

Features and analysis

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Project starts decline in three months to FebruarySubscription

Construction starts were 7 per cent lower in the three months to February thank the same period 12 months ago, construction intelligence provider Glenigan.

Morgan Sindall wins £50m Leicester contracts_Charles Street Buildings_Vaughan Way regeneration

Morgan Sindall wins £50m Leicester contractsSubscription

Morgan Sindall has won the contract for £50m of mixed-use developments and infrastructure upgrades in Leicester.

Carillion University of Birmingham Library 15

PMI: Carillion collapse hits activity in JanuarySubscription

Activity was subdued or declining across the main construction sectors in January as new orders also dipped, according to the latest PMI figures.

Generic_Manchester city centre_CREDIT Stacey MacNaught

Manchester leads offices and residential boomSubscription

The residential sector is fuelling strong growth in the development pipelines of major UK cities, according to Deloitte’s latest crane survey.

Lidl ramps up £1.45bn UK investment with new centre

Lidl ramps up £1.45bn UK investment with new centreSubscription

Lidl will build a 1m sq ft regional distribution centre in Hertfordshire as the discount retailer continues its £1.45bn UK investment plan. 

McLaren wins £90m Kent shopping centre expansion_Ashford Designer Outlet

McLaren wins £90m Kent shopping centre expansionSubscription

McLaren Construction has been confirmed as main contractor for the £90m extension of Ashford Designer Outlet in Kent.

Carillion sells stake in £150m Durham JV scheme_Arlington Real Estate

Carillion sells stake in £150m Durham JV schemeSubscription

Carillion has offloaded its stake in a joint venture that is developing a £150m mixed-use scheme in Durham, just weeks before construction on the project is set to begin. 

McLaren to be kept on £58m retail job despite developer exit

McLaren to be kept on £58m retail job despite developer exitSubscription

McLaren will be retained as the main contractor for a £58m project to expand an Oxfordshire shopping centre, despite the scheme’s original developer deciding to pull out.