Retail and Hotel news and contracts
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 takeoverSubscription
Hammerson has advised its shareholders to vote against the £3.4bn takeover of rival Intu.
Laing O’Rourke and Vinci have been shortlisted for a £300m commercial development in Chester.
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 estateSubscription
Travelodge has revealed plans to build 20 new hotels with a combined value around £240m.
Features and analysis
In west London contractor Willmott Dixon is working on a tiny site to create a development of epic proportions.
The firm is employing a never-before-used technique to upgrade an outdated shopping centre. Damon Schünmann went to have a look.
As another year comes to an end and our business plans are firmed up for 2018, it is worth reflecting on how the retail market has reacted in 2017 and look forward to the emerging themes in the year ahead.
In the boardrooms of British businesses there is growing talk of the war for talent – how to recruit the best and brightest from around the world, particularly post-Brexit.
Nuclear power, proton beams and even Chinese modular hotels have featured in the biggest site reports this year.
Stadiums, towers and listed refurbs – the 10 schemes worth keeping a close eye on as 2018 unfolds.
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 contractsSubscription
Morgan Sindall has won the contract for £50m of mixed-use developments and infrastructure upgrades in Leicester.
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.
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 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 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 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 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.
Travelodge targets council land in expansion plan Subscription
Laing O'Rourke wins £700m Brent Cross expansionSubscription
Balfour Beatty wins $260m Miami mixed-use jobSubscription
RLB hires ex-Amazon exec to drive logistics armSubscription