Skanska Q2 orders below estimates
Swedish construction giant yesterday, July 24, saw its profits for the second quarter rise by five percent despite a sharp drop in its order book.
Balfour Beatty wins £200m US military housing contract
Balfour said today, July 24, that its US PPP concession arm, Balfour Beatty Communities, will build nearly 2,500 housing units for the US military.
Great Portland Estates hit by writedown
The West End property specialist has seen the value of its portfolio drop by £64 million over the past quarter as the market continues to worsen.
Stewart Milne Group to cut 20% of staff
One of Scotland’s largest construction firms has said that it will axe 289 jobs as the housing crisis begins to creep north of the border.
Government announces 2,000 ‘extra-care’ homes
The Department of Health today, July 21, said that it will build 2,000 flats for old and vulnerable people in a new £80 million project.
Kier Group announces 350 job cuts
Kier today, July 18, said that it will cut 60 percent of workers in its residential division and reassured investors that it will meet full year expectations.