The London prime rental market is starting to cool after a year of record breaking growth with rents either plateauing or seeing slight growth for a third quarter in a row. The latest data report from Benham & Reeves Residential Lettings reveals that this follows a frenzied 2015 which saw
Under the recommendation, clients would pay no more than 0.5 per cent of the total construction value of a project, if they are unable to demonstrate how they are contributing to the modernisation of the industry. This is one of 10 recommendations that have been laid out in a comprehensive
1 September 2016 | Herpreet Kaur Grewal Window cleaning and FM firm CAM Specialist Support has secured a contract to clean the Here East building in The Queen Elizabeth Park, Stratford, London. Previously part of the London Olympics site, the building was used as the media centre during the 2012
Monika Slowikowska, founder and managing director of Golden Houses Development, has won the ‘Inspirational Individual Award 2018’ in the National Federation of Builders (NFB) Awards 2018, which took place at the Belfry Hotel and Resort in Sutton Coldfield on the 27th of March. “Monika is clearly a driven businesswoman who
Marley Eternit was chosen to build the huts on Alton Towers Resort’s latest attraction – Wicker Man. Wicker Man is the UK’s first new wooden roller coaster to be built in over 20 years and the first to combine fire and wood. Costing over £16 million to build, it offers
The London prime rental market is starting to cool after a year of record breaking growth with rents either plateauing or seeing slight growth for a third quarter in a row. The latest data report from Benham & Reeves Residential Lettings reveals that this follows a frenzied 2015 which saw unprecedented growth for the first two quarters before finally slowing as the market paused to absorb the changes. Many parts of prime central London saw rents fall, reflecting a trend which has seen demand increase in the inner suburbs, according to the report. It explains that as demand from wealthy non-nationals wanes in the run up to the referendum in June on the UK’s future in the European Union and currency controls put in place by foreign governments, the demand for luxury property in Belgravia, Knightsbridge, Chelsea and surrounding areas seems to have peaked. However, it is still anticipated that the fall in Sterling’s value will make prime central London more attractive over the coming months so this decline is likely to be temporary. Rental growth in the inner suburbs continues as the domestic market gains further confidence. Wandsworth saw strong growth as did most of the trendy parts of east London. There is also demand for rental properties in Notting Hill, Bayswater, Queen’s Park and Kensal Rise where larger homes offer comparative value. North London, particularly Colindale, Golders Green and Hampstead Garden Suburb that have seen the most substantial growth. This was widely anticipated as rental growth had been supressed in recent quarters while Crossrail works closed the Northern Line interchange at Tottenham Court Road. With the station now fully open, rental demand in these areas has seen a resurgence, the report points out. ‘This is a much needed pause for breath after such huge gains in rental values. Unfortunately for tenants, this pause may only be temporary,’ said Marc von Grundherr of Benham & Reeves Residential Lettings. ‘With increasing restrictions on buy to let, more amateur landlords will be exiting the market, leading to a drop in supply in the face of a growing population. Over the long term, rents will inevitably go up,’ he added. BOOKMARK THIS PAGE (What is this?) Source link
Under the recommendation, clients would pay no more than 0.5 per cent of the total construction value of a project, if they are unable to demonstrate how they are contributing to the modernisation of the industry. This is one of 10 recommendations that have been laid out in a comprehensive report titled Modernise or Die by Mark Farmer, chief executive and founder of Cast Consultancy. The report said taxing clients would help to change behaviours in the industry and would supplement funding for skills and innovation. Mr Farmer was asked by the government in February, via the Construction Leadership Council, to identify solutions to address the industry’s structural problems, including low margins, poor productivity and a looming skills shortage. Other recommendations in the report include a complete reform of the CITB and a renewed focus on the CLC’s work streams of Business Models and Innovation, which Mr Farmer said are good starting points for change. Comparing the built environment sector to a sick – even dying – patient, Mr Farmer said there must be a ”tripartite covenant” between industry, clients and the government, to overhaul the way they work together. He also recommends that the government should encourage the use of pre-manufactured construction methods to boost housing in the UK through policy measures. It could do this by incentivising institutional investment into the private rented sector, through favourable land release by central and local government on the condition of using pre-manufactured solutions. The government could also encourage pre-manufactured solutions by working with register providers to develop a pre-manufactured social housing programme, which could also promote PRS. Ministers are now reviewing the report and gauging industry response. Industry minister Jesse Norman said: “This government is determined to support more housebuilding, more quickly and in the places people want to live. “Given the launch of the £3bn Home Building Fund, Mark Farmer’s important review in this vital sector is very timely.” He added: “It makes a strong case for change in the industry, identifies areas where it needs to improve, and sets out areas for action. ”We will now carefully consider his recommendations.” Source link
1 September 2016 | Herpreet Kaur Grewal Window cleaning and FM firm CAM Specialist Support has secured a contract to clean the Here East building in The Queen Elizabeth Park, Stratford, London. Previously part of the London Olympics site, the building was used as the media centre during the 2012 games. Current tenants include BT Sport studios, Loughborough University, and a number of new start-up and retail clients. CAM conducts risk assessments for every job it carries out and selects the most appropriate work at height methods, including rope access, mobile elevated work platforms, and water-fed pole systems. Source link
Monika Slowikowska, founder and managing director of Golden Houses Development, has won the ‘Inspirational Individual Award 2018’ in the National Federation of Builders (NFB) Awards 2018, which took place at the Belfry Hotel and Resort in Sutton Coldfield on the 27th of March. “Monika is clearly a driven businesswoman who has shown what is possible and has worked out solutions for some of the industry’s more intractable problems. With her drive for quality, honesty and performance in business she is clearly an inspirational leader,” said the judges about the winner. The NFB Awards celebrate the high standards of workmanship and application achieved by NFB members throughout England and Wales, being a reflection of the dynamic nature of the construction industry and the excellent levels that have been achieved. Golden Houses Development was also recently nominated for two Constructing Excellence Awards 2018: the ‘Building Project of the Year’ award for project of £10 million and below and for the ‘SME of the Year’. The results of these awards will be announced at the Gala Dinner and Awards ceremony on the 29th of June 2018. Monika Slowikowska is one of the most respected and creative female business leaders in the construction industry. She founded Golden Houses Development in 2012 and it specialises in general building works within the high-end residential market in London and has worked on a variety of high-profile projects. All projects are completed to the highest standards of design, construction and finish, which Monika recognises are important to her clients. She recently spoke at the Women in Construction Summit held on the 6th of March, where she talked about the lack of women working in the construction industry and the pay gap between same jobs. Golden Houses Development Ltd is a real success story and the business has grown at a phenomenal rate, in 2016 it achieved turnover that was six times higher than in its launch year.
Marley Eternit was chosen to build the huts on Alton Towers Resort’s latest attraction – Wicker Man. Wicker Man is the UK’s first new wooden roller coaster to be built in over 20 years and the first to combine fire and wood. Costing over £16 million to build, it offers riders a truly immersive experience, with a fiery twist. As part of the story, which is set in the world of the Beornen, a fictional community living in the woods, a few huts were placed around the wooden track. In order to continue the woodland theme, the company supplied 327 bundles of its Blue Label Western Red Cedar Shakes, which were used to create over 800 m2 of roofing for the roller coaster. “The task of building a rollercoaster which combines fire and wood required careful planning in order to bring our vision to life. However, for us, it’s not just about creating the ride itself but also its surroundings to deliver a truly immersive experience to our guests,” said Neil Walker from Merlin Entertainment, who also project managed the construction. The choice for Marley Eternit’s Shakes was due to their robust finish and the reassurance provided by the accreditation to the Certi-Grade quality assurance label as certified by the Cedar Shingle and Shake Bureau (CSSB). Moreover, the shakes also require low maintenance and blend into the wider surroundings very well. Another one of the benefits of using the Western Red Cedar Shakes is that it has one of the lowest carbon footprints, representing a new carbon sink upon delivery. This means that more carbon is stored in the shake than is emitted during its harvest, manufacture and transportation combined. “It was crucial the new huts were designed sensitively to blend into the wider design of the Wicker Man ride, complementing the overall aesthetic Merlin was keen to achieve. In commercial projects such as this, the lightweight nature of our Shakes together with their ease of installation, play an important role in ensuring they were able to meet the deadline,” commented Daniel Redfern from Marley Eternit.
