Lend Lease has reported a 368 per cent increase in European profits thanks to the Bluewater Shopping Centre sale, despite growing losses in its European construction business.
Lend Lease has bought a site in Deptford with consent to deliver 905 homes and 158,000 sq ft of commercial space.
Lend Lease has sold its UK facilities management business to GDF Suez UK subsidiary, Cofely.
Chief construction adviser to the government Peter Hansford has said the extension of his role for a further year will provide “continuity” for the construction industry.
Further development of Bluewater shopping centre is “definitely on the agenda” after Lend Lease sold its stake in the development to Land Securities for £696m, a retail expert has said.
Mace and Wates are expected to win new deals with Great Portland Estates as the firm remains in the “execution phase” of its development cycle.
A former Olympic Stadium and Balfour Beatty project manager has been appointed to manage the redevelopment of Liverpool FC’s stadium.
Exclusive: Four contractors are understood to be battling to win the £600m phase two of the Battersea Power Station development.
The government has come under fire for watering down its ‘green’ credentials and preventing contractors and developers from investing in energy efficiency programmes.
The Ministry of Justice has appointed Lend Lease to build a new 2,100-capacity prison in Wrexham, north Wales.
Some of the UK’s biggest contractors have pledged support for new standards aimed at easing the prequalification burden for UK construction firms.
Lend Lease manager Quentin Keeble has moved to Essential Living as its new development director.
Construction News today reveals the finalists for the 2014 Construction News Awards, the industry’s biggest awards event.
Lend Lease has acquired the freehold of a 0.53 ha site on Chiswick High Road in London from Scottish Widows Investment Partnership, acting for Clerical Medical Investment Group.
Lend Lease’s UK operations retain the “unequivocal support” of the group’s board, despite the firm shrinking operations in the English regions outside of London.
Lend Lease has been given planning permission to build 195 new homes as part of the second phase of its £150m Hungate development in York.
Lend Lease’s former EMEA managing director Tony Brown has quit the firm, to take up a new role with M&G Real Estate.
More than 250 SMEs are bidding to four major contractors to secure work on the construction of a £250m new prison in north Wales.
Morgan Sindall has appointed former Lend Lease boss Pat Boyle as a new managing director in its construction, infrastructure and design business.
NG Bailey will carry out all M&E works at the Ministry of Defence’s Beacon Barracks redevelopment in a £25m deal.
Focus on Lend Lease
This category recognises the outstanding major projects of the past year with a value of more than £50m, ranging from libraries and museums to arenas and viaducts.
The combined value of contract wins rose 23.9 per cent in May compared with April as activity across the top 50 contractors continues to fluctuate.
Lend Lease’s work on Land Securities’ £170m mixed-use development saw contractors working yards from active tube lines and dealing with the tight logistics of one of central London’s busiest areas.
Developers are facing a fight to secure their preferred contractors for new London commercial projects as work booked by firms has almost doubled in two years.
Ambitious plans to regenerate a Elephant & Castle estate include 3,000 highly sustainable homes, an onsite energy centre and the largest new park in the city for 70 years.
London refurbishment contractor ME Construction was founded in 2007 by two ex-employees of Bovis Lend Lease. The firm has grown rapidly since then by being strict on the kinds of projects it works on and the quality of staff it employs.