16 April 2016 – by Mike Cobb Cushman & Wakefield’s head of loan sales, Federico Montero, has left the company. Montero, who joined Cushman & Wakefield’s corporate finance business in 2012 and is one of the industry’s most respected loan portfolio advisers, is leaving the firm to join an investment
The Electrical Industries Charity is looking for 25 enthusiastic trekkers to take on the Mount Kilimanjaro Challenge and raise £100,000 for the Hendrie family. Christopher Hendrie, aged 32, was a well-respected electrician who lost his fight to the rare form of Cholangiocarcinoma cancer, commonly known as Bile
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Technology could revolutionise the construction industry. Even though adapting in order to accommodate new technology could be daunting for a number of companies used to traditional methods of construction, there are a large number of potential benefits available for builders and end users from connected construction. The Internet of Things
The construction industry has used centuries-old processes in order to manage their projects. The industry appeared to have been left behind by the advances in technology until recently, and with construction getting more and more complex and demanding while the expectation is for faster execution. Building Information Modelling, or BIM
ABC Locksmith, the London based company is illustrating how a large number of different firms could save a significant amount of money by installing the award-winning products that are offered by Glazesafe. ABC Locksmith has managed to save more than £2 million since it switched from using the traditional scaffolding
Stewart Milne Homes, a part of Stewart Milne Group, has announced that they have appointed a new Construction Director for their operations in Central Scotland. The appointment has been made as a part of plans being made by the company to deliver more than 500 homes in the region year-on-year.
16 April 2016 – by Mike Cobb Cushman & Wakefield’s head of loan sales, Federico Montero, has left the company. Montero, who joined Cushman & Wakefield’s corporate finance business in 2012 and is one of the industry’s most respected loan portfolio advisers, is leaving the firm to join an investment bank. C&W is in the process of selling Nama’s €6.5bn (£5.1bn) projects Emerald and Ruby, and Montero will continue to advise on the sale on a consultancy basis. His departure will come as a major loss to C&W, which under Montero had sold a number of the larger and more complex deals for Ireland’s Nama and Germany’s bad bank FMS (see table). Montero led the pricing, selection of assets and conducted the bidding process for some of the most complex sales issued in recent years. The largest of these was the €8.4bn Project Arrow for Nama last year. In addition to his work on loan sales, Montero also established a strong reputation with the firm’s quarterly loan sales report and its comment on the state and future of the non-performing loans market. Montero has 18 years of experience in the sector. Prior to his time at C&W, Montero was with KPMG for five years, also advising on portfolio sales. Before that he worked for Central and South American regional specialist Grupo Bursatil Aldesa. All the content from this weekís magazine, including this article, is available in the new app. Source link
The Electrical Industries Charity is looking for 25 enthusiastic trekkers to take on the Mount Kilimanjaro Challenge and raise £100,000 for the Hendrie family. Christopher Hendrie, aged 32, was a well-respected electrician who lost his fight to the rare form of Cholangiocarcinoma cancer, commonly known as Bile duct cancer, on 31 October 2014. Hendrie was not eligible for a life insurance due to his existing genetic autoimmune disease, and his family has been left with nowhere to turn. Four trekkers have already signed up and will join the Electrical Industries Charity’s managing director, Tessa Ogle in this fundraising challenge. They include Johanne Stimson of Heat Mat; Andrew Dykes of SES Engineer Services Ltd; Karen McAvoy of Karen McAvoy Publishing Ltd and Mike Smith, of SES Engineering Services and a senior vice president of the ECA. Managing director of Heat Mat, Johanne Stimson, said: “I am looking forward to being part of this challenge and supporting the charity who are helping people within our industry. Christopher could have been an installer of the products that the Heat Mat sells so I feel that as a supplier to this industry, I should do my bit to help.” Mike Smith, of SES Engineering Services and a senior vice president of the ECA, said: “I am proud to be able to show my support for the Electrical Industries Charity and be able to assist in raising funds for Christopher’s family as a fellow electrician. My father died from a bowel cancer, and I can appreciate the speed at which the tragedy hit the Hendrie family. “ The Mount Kilimanjaro Trek is taking place between 3-14 February 2017. This ten-day challenge will give you an opportunity to climb this magical mountain and be captivated by its distinct snow-capped peak. The trek will leave you with unforgettable memories, but more importantly, you will be part of a team who will be providing financial assistance to the Hendrie family. Do you have what it takes to climb the tallest free-standing mountain in the world? Sign up today and be part of something amazing in 2017. For further details or to book your place, contact Tessa Ogle: tessa.ogle@electricalcharity.org www.electricalcharity.org Source link
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Technology could revolutionise the construction industry. Even though adapting in order to accommodate new technology could be daunting for a number of companies used to traditional methods of construction, there are a large number of potential benefits available for builders and end users from connected construction. The Internet of Things is a part of this technological transformation of the industry and has been around as a concept for decades. The internet of things was first brought to the forefront when the first smart appliance, a toaster, was connected to the internet back in 1989. In terms of property, many connected trends are used commonly inside the home, whether that is for networked climate control, security solutions and connected appliances. However, in the construction industry, it has been slow to adopt such technological advances. Last year, it was found that construction was one of the least digitised industries. On top of this, it has been found that construction labour productivity has not managed to keep pace with overall productivity which means that technology is a vital way of keeping the industry running. The tools offered by technology are aimed at increasing efficiencies as well as reducing costs and ensuring as much as possible that construction projects are able to run on time. With technology appearing to be so essential, it is strange that the industry appear so resistant to change, especially when making sure that projects can run on time is one of the goals for large builders and developers. There has been a surprising amount of technology that has been developed in order to help this resistant industry, including virtual reality and 3D building modelling. These solutions offer 3D walkthroughs in order to sell a property and 3D VR modelling that can be used to pitch architectural projects. This technology also includes BIM, or building information modelling, a Virtual Reality process that can be used to model a building’s structure and systems during design and construction.
The construction industry has used centuries-old processes in order to manage their projects. The industry appeared to have been left behind by the advances in technology until recently, and with construction getting more and more complex and demanding while the expectation is for faster execution. Building Information Modelling, or BIM is helping to make a shift in the construction industry towards the adopting technology, by industrialising construction and helping to set up offsite assembly lines for manufacturing modules that then simply be assembled on-site by a leaner construction team. BIM offers the opportunity for the construction industry to expand and it is important that all companies in the supply chain work together to make the most of these advances and the possibilities that are created. Using BIM extends beyond the planning and design phase of the project and can be used throughout the building lifecycle, offering support for processes such as cost management, construction management, project management and facility operation. There is a constant challenge in the construction industry to deliver successful projects despite the tight budgets, limited manpower and accelerated schedules as well as limited or conflicting information offered for a project. The use of BIM helps these challenges by delivering collision detection at an initial stage while also identifying the exact location of any discrepancies on a project. Taking pace on the 5th December at the NEC in Birmingham is the Explore Offsite Infrastructure. At this event, Paul Newby and Gordon Cullen of SES Engineering Services, who have created a BIM Integrated Manufacturing with Remote Assembly on the iconic Queensferry crossing project. Phil and Gordon will be discussing their BIM Integrated Manufacturing processes while working on such an iconic project. The event will also include an outstanding speaker line up such as Phil Wilbraham, the Development Director for Heathrow Airport and Steven Kaye, the Head of Innovation at Anglian Water.
ABC Locksmith, the London based company is illustrating how a large number of different firms could save a significant amount of money by installing the award-winning products that are offered by Glazesafe. ABC Locksmith has managed to save more than £2 million since it switched from using the traditional scaffolding solutions to adopting the innovative Stronghold product from Glazesafe. This adoption means that there has been a large reduction in outgoings while also allowing the firm to invest in other businesses in a range of critical areas. Stronghold is the second innovative creation that has been brought to the market by Glazesafe. This product has been developed in order to offer both efficiency and safety while also becoming a vital tool for tradespeople while working from a height. Stronghold has been created from lightweight but durable materials and is seen as the perfect solution for transferring from location to location as well as storing away when the product is not in use. ABC Locksmith has been using Stronghold since 2015, and it has made the company astonishing levels of savings. The product is freestanding and works to have robust mobile anchor points while also providing a barrier system, ensuring the maximum level of safety possible for the professionals and the public while work is being carried out. Scaffolding leads to huge additional costs for a project, therefore a solution of this necessary requirement is a great way for businesses to save money while also gaining the access and safety required. Working in the trade sector, scaffolding used to be the best option in terms of safety, however, Stronghold has been developed on the safety principles of this traditional access method while also improving efficiency, costs and ease of use. Stronghold works by providing two anchor points that allows two engineers to works safely and independently. The product also features points where light tools and equipment can be attached, removing the risk of objects falling. Stronghold is already in use by a number of different companies and conforms to safety standards in place in the UK as well as Europe, Australia, New Zealand and the US.
Stewart Milne Homes, a part of Stewart Milne Group, has announced that they have appointed a new Construction Director for their operations in Central Scotland. The appointment has been made as a part of plans being made by the company to deliver more than 500 homes in the region year-on-year. In his new role, Bryan will be responsible for increasing the number of homes that are built by the development company. Over the course of the past year, the developer has managed to acquire land with a sales value of more than £100 million in Central Scotland. Bryan Galloway will be responsible for increasing the number of homes that are built on this land by the five-star housebuilder. Stewart Milne Homes currently has more than a dozen active outlets and is in new land that will be made available for a new site located in the Central Belt. Bryan Galloway has more than 30 years’ experience working in the construction industry and in his new position as Construction Director, he will be leading an experienced construction team. This new role will see Bryan use his wealth of knowledge and expertise from his previous roles in order to help increase the number of houses that are built by the national housebuilder. Stewart Milne Homes operates in Central and North-east Scotland as well as the North-west England. The housebuilder has offices in Edinburgh, Glasgow, Aberdeen and Manchester. Tis award-winning independent property company has 30 sites that are under development across the UK, 12 of which are located in Central Scotland. The company have been increasing the number of active developments taking place in locations with the strongest demand for high-quality family homes. Central Scotland is a vital part of the company’s plans for investment, with strong sales and well-established business in this region. This has been a great opportunity to add more experience into their management team and no doubt Bryan will help Stewart Milne reach their goals.
