Morgan Sindall is tipped for the job to build a gateway building for Huddersfield University’s Schools of Law and Music and Humanities in the city. Yorkshire firm GB Building Solutions had been lined up as main contractor for the contract prior to it falling in to administration in March. Now
London’s commercial property boom is set to continue next year, after a slow-down in 2015, says Skanska Managing Director Paul Heather. He says the upturn is being caused by increased foreign investment, greater willingness of banks to lend and the desire of tenants to move into new premises or expand
National Grid’s property business is pleased to announce that it has awarded a three year contract to BNP Paribas Real Estate, to provide property management, real estate and facilities management for its commercial property portfolio. Richard Alden, Head of Commercial Property at National Grid said, “BNP Paribas Real Estate demonstrated
Morgan Sindall is tipped for the job to build a gateway building for Huddersfield University’s Schools of Law and Music and Humanities in the city. Yorkshire firm GB Building Solutions had been lined up as main contractor for the contract prior to it falling in to administration in March. Now the University is understood to be in talks with Morgan Sindall to take on the £22m contract to build its new Shorehead Building in the Queensgate area of the city. The proposed landmark building, which was granted planning in April, will provide 80,000 sq ft of space over six stories and is expected to take around 18 months to build. Huddersfield University was aiming to complete the build by September 2016, prior to GB Building going under. [wpdevart_youtube]tdPcA-GRMtM[/wpdevart_youtube]
London’s commercial property boom is set to continue next year, after a slow-down in 2015, says Skanska Managing Director Paul Heather. He says the upturn is being caused by increased foreign investment, greater willingness of banks to lend and the desire of tenants to move into new premises or expand their businesses. Heather believes that there will be an increase in the number of skyscrapers in the capital as a result of the upswing. He also says there will an increased focus on large-scale regeneration schemes, which will contribute to keeping the commercial property market buoyant. Skanska is currently building a number of commercial properties in the City of London. These include The Monument Building, One New Street Square and Creechurch Place. Paul Heather said: “There’s a strong evidence that a boom is taking place, supported by a wide range of research. I believe it is set to increase even further in 2016 and we are set to see even more development in the capital. I think it is positive news for the industry, and shows a significant recovery in the market since the recession.”
National Grid’s property business is pleased to announce that it has awarded a three year contract to BNP Paribas Real Estate, to provide property management, real estate and facilities management for its commercial property portfolio. Richard Alden, Head of Commercial Property at National Grid said, “BNP Paribas Real Estate demonstrated its ability to reduce risk across a property portfolio, whilst maximising value and driving efficiency. “BNP Paribas Real Estate will start full delivery of services from 1 April 2016 and will start transition work from the existing provider, in early September.” Paul Abrey, Head of Property Management at BNP PRE says: ‘We are delighted to partner with such a prestigious client as National Grid across their portfolio in what is a very significant contract for us. The appointment validates our business model and demonstrates our ability to provide major cross business line services on a national scale, as well as showing confidence in our account management approach – something that we have recently invested significantly in to reinforce our long term commitment to our most important clients.’ BNP PRE has strategically partnered with Mitie to provide some of the direct Facilities Management services of the contract such as security and landscaping. The three year contract starts in April 2016 and also includes an option to extend the contract for a further two years.
