Watkin Jones eyes recovery after stronger second halfBuild-to-rent and student housing specialist Watkin Jones has ended the year on firmer ground after a stronger second half put it on course to meet full-year expectations.
Revenue for the year to 30 September 2025 is expected to land around £280m, with adjusted operating profit in line with forecasts.
A string of deals, including its Glasgow…
Safety Regulator to clear Gateway 2 backlog by New YearThe Building Safety Regulator’s new regime headed by its new chairman retired fire chief Andy Roe is finally starting to break the logjam of stalled gateway 2 applications.
Fresh figures for October show 152 new build schemes, covering nearly 34,000 homes, now in the system, with a growing number progressing under the regulator’s new…
Derwent links with Argent for London Old Street revivalDerwent London has formed a strategic partnership with Related Argent to develop one of the last major island regeneration plots in central London at Old Street.
The developer expects to complete the site acquisition in late 2027 after early studies confirmed potential for a substantial mixed-use campus across the 2.5-acre former Moorfields…
Kimpton takes-on team from failed rival HE SimmM&E specialist Kimpton has recruited a team of senior engineers and operations leads from failed former local rival HE Simm.
Liverpool based HE Simm went into administration last month with the loss of 127 jobs and owing £18m to creditors.
Now Wirral-based Kimpton has taken on Ian Bruce, former operations director at HE Simm and Peter O’Keeffe,…
Oxford United win green light for £150m stadiumOxford United’s £150m dream for a new 16,000-seater all-electric stadium has cleared its final government hurdle after ministers confirmed the scheme will not be called in for review.
Housing and Communities secretary Steve Reed has confirmed he will not call in the application after it was granted planning permission by Cherwell District Counc…
Offsite specialist Merit files administration noticeOffsite construction specialist Merit has filed a notice of intention to appoint an administrator at its main trading businesses.
Court records show the notices have been lodged for Merit Holdings Ltd and Merit Health Ltd.
Last month the firm’s holding company Merit Group Services was hit by a winding-up petition from HM Revenue and…
£350m London Bridge science centre approved
Developers Oxford Properties and Reef + Partners have gained planning consent for a 360,000 sq ft life sciences hub near London Bridge in the Capital.
The £350m Snowsfields Quarter scheme being developed in partnership with Guy’s & St Thomas’ Foundation is designed by Allies and Morrison and DSDHA.
The strip site will comprises three new…
Go-ahead for £1.7bn Lewisham town centre overhaulDeveloper Landsec has got the planning green light to redevelop 1970s-built Lewisham shopping centre in south London into a new town centre district around an urban meadow.
The £1.7bn masterplan will deliver over 1,700 new homes alongside 660 student rooms, 445 co-living beds and a reimagined retail offer matching today’s floor…
Subbies spared in Ardmore Construction administrationSubcontractors have largely escaped the financial fallout from the collapse of Ardmore Construction Limited, with administrators listing just £1.26m owed to trade firms, excluding retentions.
Administrators confirmed there are no secured or employee preferential claims, with HMRC’s £148,000 bill to be paid in full.
With £2.8m cas…
American student accommodation giant lines-up first UK schemeAmerica’s largest student accommodation developer Landmark Properties has lined-up its first project in the UK.
Landmark has acquired a prime site on William Road in central London and plans a a new development of 225 purpose-built student beds.
The Zone 1 site is just a 10-minute walk from University College London (UCL), Euston…