Property and Construction
Recent articles
Carillion appointed preferred bidder for Academy Schools worth over £100m
Feb 1, 2012
Carillion has been appointed preferred bidder for Academy Schools in London and the North East of England under the Partnerships for Schools Contractors Framework.
UNITE acquires minority interest in Student Village JV
Feb 1, 2012
The UNITE Group, the listed developer and manager of student accommodation, last month completed the £6.2m acquisition of the minority 49% interest in the UNITE Student Village ("USV") joint venture, from its JV partner, Parkmetro Limited, a subsidiary of Lehman Brothers.
KM Furniture reports first loss
Jan 3, 2012
Education furniture manufacturer, KM Furniture, has reported its first operating loss as a result of “a difficult market”, exceptional costs of restructuring its manufacturing facilities and a bad debt.
Havelock Europa agrees £20m framework agreement with Balfour Beatty
Oct 31, 2011
Havelock Europa, the AIM-listed education and retail interiors business, has signed an education framework agreement with Balfour Beatty Construction to supply products and services within the education sector.
UNITE Group announces £2.5m of overhead savings
Oct 3, 2011
UNITE Group, the listed developer and manager of student accommodation, has announced a restructuring of its senior management and central support functions in a move to deliver annual overhead savings of around £2.5m from January 2012.
Pre-tax losses reduce at Havelock
Oct 3, 2011
Havelock Europa, the AIM-listed education and retail interiors business, has reported a pre-tax loss of £1.5m (2010: £4.6m loss) on revenue up £42.9m (2010: £41.2m) for the six months ended 30 June 2011.
Revenue up 24% at UPP Group Holdings
Mar 31, 2011
UPP Group Holdings has reported an operating profit of £32.3m on revenue up 24% to £83.4m for the year ended 31 August 2010.
Additional bed spaces and rental growth drive top-line growth at UNITE
Mar 31, 2011
UNITE Group has reported that total income from the property portfolio under its management increased 15% to £188.9m in the year ended 31 December 2010.
Bad weather impacts education sales at Havelock Europa
Jan 31, 2011
Interserve wins £57m contract in Sandwell
Jan 31, 2011
Interserve, the support services and construction group, has won a construction and refurbishment contract worth £57m for three schools within the Sandwell BSF programme and a 25 year facilities management contract at the schools thereafter worth £50m.
RM selected by Salford
Oct 31, 2010
RM has been selected to provide managed ICT services to 76 primary schools in Salford as part of the authority’s BSF programme.
KM Furniture in profit
Oct 31, 2010
Education furniture manufacturer, KM Furniture, has reported an EBITA of £222k (2009: £6k) for the year ended 3 April 2010 on revenue down 12.6% to £8.3m (2009: £9.5m).
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