BDC

Search
Linkedin
BDC Magazine

January 16, 2019

Research Reveals 2018’s Healthiest Property Brands

Cristina Diaconu January 16, 2019

An analysis conducted by MediaVision of property brand searches across more than 200 residential, commercial and portal/online companies revealed a market predominantly down year on year with pockets of stellar performance from some. Of the top 10 brands with the highest monthly search volume overall, only four saw a positive uplift in brand demand YoY. Of the top 50 overall, more than half saw a decline in brand demand over the last year, which indicates just

Read More »

New Energy Centre at South Humber Bank Power Station

Cristina Diaconu January 16, 2019

A vacant land at South Humber Bank Power Station will see the arrival of a new multi-million pound energy centre. Set to create around 50 new jobs, the £300 million facility would generate 49.9MW of electrical power, which is the equivalent to supporting around 500,000 homes. The planning application for

Read More »

H&B Recruits Fulham Timber

Cristina Diaconu January 16, 2019

The leading London timber specialist Fulham Timber has been recruited by independent merchant buying group H&B to its ranks. “We are very excited about the opportunities that H&B membership will bring to Fulham Timber,” said Fulham Timber director Will Dobbs. “We are looking to continue the company’s growth trajectory and

Read More »

How To Expand Your Construction Fleet

Kenneth Booth January 16, 2019

Optimism in the UK construction sector hit an eight-month high in December 2018, according to the IHS Markit/CIPS UK Construction Purchasing Managers’ Index. This rise in confidence came despite a slowdown in growth caused by Brexit-related uncertainties. The ongoing lack of certainty post-Brexit will likely delay decisions further, but it

Read More »

Latest Issue

BDC 319 : Aug 2024

January 16, 2019

Research Reveals 2018’s Healthiest Property Brands

Cristina Diaconu January 16, 2019

An analysis conducted by MediaVision of property brand searches across more than 200 residential, commercial and portal/online companies revealed a market predominantly down year on year with pockets of stellar performance from some. Of the top 10 brands with the highest monthly search volume overall, only four saw a positive uplift in brand demand YoY. Of the top 50 overall, more than half saw a decline in brand demand over the last year, which indicates just how tough and diverse the landscape is right now. For brands in the fiercely competitive online property sector, an increase or decrease in brand search can be attributed to several things: the effectiveness of the marketing strategy, market-related factors, the economy, changing consumer habits or the efforts of rival brands. Fortunately, positioning from a volume perspective and a robust marketing strategy can have a significant and direct impact on brand demand. Residential brand frontrunner is Dexters with an increase of 6% YoY. The London agency chain beat out Savills, Knight Frank and Foxtons, who all saw a decline in brand demand. Dexters made the news back in 2016 by shedding 20 different brands and a holding business to become a single entity that now has over 70 branches across London. The brand has since expanded even more by co-marketing homes acquiring and rebranding more businesses. With aggressive growth in the market since launching and subsequent status as one of the most valuable start-ups in the world, WeWork leads the way this year with a 58% increase in brand demand. Flexible office space has become a major disruptor in the real estate industry. With spaces offering co-working, shorter leases, stellar coffee and a greater sense of community for small teams and corporates, demand has increased around the globe in recent years. WeWork has tapped into this growing trend by appealing to an industrious audience that wants more from an office than just a desk space. Aside from its massive size – members are projected to hit 400,000 by the end of the year – the brand captures news attention with details like amped up amenities, innovative networking events, beer taps, food bars and more – all tied together by a strong marketing strategy. With an increase in brand demand at 31% YoY, industry disruptor OnTheMarket has become a major competitor to property portals Zoopla and Rightmove, who both slipped from the top spots with a decreasing brand demand. The big portals are still far ahead in terms of volume but there is no doubting OnTheMarket’s trajectory.

Read More »

New Energy Centre at South Humber Bank Power Station

Cristina Diaconu January 16, 2019

A vacant land at South Humber Bank Power Station will see the arrival of a new multi-million pound energy centre. Set to create around 50 new jobs, the £300 million facility would generate 49.9MW of electrical power, which is the equivalent to supporting around 500,000 homes. The planning application for the scheme has been submitted by EP UK Investments Ltd (EPUKI), which owns and operates South Humber Bank Power Station. The application was validated in December by North East Lincolnshire Council and a decision is due to be made by the end of March. “We are very pleased to announce the proposed development of an Energy Centre at the South Humber Bank Power Station and it follows the completion of our recent £53 million investment in the existing site,” said James Crankshaw, head of engineering at EPUKI. “The project is not dependent on securing a Power Purchase Agreement (PPA) or other form of secured income such as a Contract For Difference (CFD) as other EFW projects have required and, as such, EPUKI expect to progress to the construction phase soon after planning is approved,” he added. If the planning permission is granted, the South Humber Bank Energy Centre will be powered by approximately 620,000 tonnes of refuse-derived fuel annually. “The Energy Centre will provide much needed new power generation and energy recovery facilities, as well as creating permanent local jobs. We look forward to working with the planning authority and local community over the coming months,” James concluded. A subsidiary of Europe’s seventh biggest power generator EPH, EPUKI aquired in 2017 2.2GW of combined cycle gas turbine (CCGT) power stations from energy giant Centrica. Moreover, the firm put plans in place last year to boost its portfolio further by commissioning a new 420MW biomass power station at Lynemouth, Northumberland. EPUKI also has development consent to deliver up to 4.2GW of new build CCGTs in Eggborough and King’s Lynn.

Read More »

H&B Recruits Fulham Timber

Cristina Diaconu January 16, 2019

The leading London timber specialist Fulham Timber has been recruited by independent merchant buying group H&B to its ranks. “We are very excited about the opportunities that H&B membership will bring to Fulham Timber,” said Fulham Timber director Will Dobbs. “We are looking to continue the company’s growth trajectory and believe that the competitive buying deals that H&B offers, and its excellent rebate system, will make a real difference to our growth potential as well as our bottom line. Margins are very tight in timber at the moment and being part of H&B’s great deals will offer us the margin protection that will allow us to grow.” A family-owned builders merchant based in Brixton and established in 1984, Fulham Timber turns over more than £12 million per annum. From a branch network in Balham, Brixton, Colliers Wood and Croydon, the company manages to supply a full range of timber and other building materials to local tradesmen, contractors, and the general public. In addition, a thriving saw mill is also being run in Colliers Wood. “We felt we had outgrown our previous buying group and were looking to take the next step. We did a lot of research and after conducting full due diligence, we chose H&B for more than just its great buying; for its flexible and accommodating style. We also believe joining H&B will streamline and improve our buying, especially since we have recently centralised our whole buying process. And we will have access to a broad portfolio of products which will allow us to expand our product offering and improve profitability across a wide range of goods,” added Will. H&B managing director Steve Parkins said that Fulham Timber fitted the profile of the perfect H&B partner – “dynamic, locally strong, and with a real commitment to growth, service, quality, and innovation”. Through its growing membership of independent builders merchants, H&B manages to reach sales of approximately £1 billion a year. It currently has over 75 merchant members, with more than 215 branches, trading in partnership with around 280 suppliers.

Read More »

How To Expand Your Construction Fleet

Kenneth Booth January 16, 2019

Optimism in the UK construction sector hit an eight-month high in December 2018, according to the IHS Markit/CIPS UK Construction Purchasing Managers’ Index. This rise in confidence came despite a slowdown in growth caused by Brexit-related uncertainties. The ongoing lack of certainty post-Brexit will likely delay decisions further, but it shouldn’t deter construction companies from planning ahead – not least when it comes to expanding their fleets.   Know Your Construction Fleet For construction companies looking at fleet expansion, a useful starting point is to know the size and composition of an existing fleet. An inventory can show up any gaps in a fleet, as well as the plant or vehicles that need replacing. It can also help you work out how big your company fleet needs to be.   Leasing Options One way to expand your fleet, yet mitigate the ongoing uncertainties in the construction sector, is to lease plant or commercial vehicles. One benefit of leasing is cashflow management; there’s no major capital investment, just regular monthly payments for the duration of the lease period.   Purchasing Options Leasing can be beneficial in the short-term, but expanding your construction fleet by purchasing the equipment you need can be more advantageous in the long-term. Owning assets outright is one way of investing in your company’s future and can add value to your business. It often works out cheaper to buy used equipment. Used plant and vehicles tend to hold their resale value better than their new counterparts. It’s also worth getting a comprehensive hpi check done so you can be confident that your new trade vehicle has no hidden secrets from its past.   Other Considerations Other factors to consider if purchasing equipment to expand your construction fleet are the ongoing costs. Unlike leasing, your business will be responsible for repairs and maintenance. One way you can avoid any nasty surprises, however, is through preventative maintenance.   Your business will also need to think about the cost implications of insuring your owned equipment, as well as the time it takes to train your staff. This is particularly relevant when you’re adding a new piece of equipment to your fleet. Fleet expansion can be an effective way to help your construction company plan for challenges and opportunities that lay ahead. By weighing up your business needs against the options available, you can find the most appropriate solution and allow your company to look ahead with confidence.

Read More »

Trade body develops new training initiative for cutting-edge construction method

Kenneth Booth January 16, 2019

National trade body the Property Care Association (PCA) has launched a specialist trade apprenticeship, geared up to the unique needs of the structural waterproofing sector. The Structural Waterproofing (Below Ground) Apprenticeship Programme takes its first intake of participants in mid-February. Developed with and supported by the CITB, the training is open to both PCA members and those in non-member companies. It forms part of the CITB suite of new entrant programmes (SAPs) for the specialist trades. After completing the course, apprentices will be issued with an NVQ Level 2 in Sub-Structure Work Occupations (Structural Waterproofing). The apprenticeship covers a highly-specialised area of construction, which has a substantial impact on the UK economy. Research from Halifax Home Insurance in 2017 showed basements saw a 183% rise in planning applications since 2012, with London boroughs representing the top 16 local authorities. This is on top of the figure for new-build homes with basements included, as well as below ground projects for commercial environments. James Berry, Technical Manager of the PCA, said: “Structural waterproofing is a dynamic and highly-skilled area of construction and, as the trade body representing the industry, we identified the need for an apprenticeship programme to create a defined career path for new recruits. “As people look to more ways to make the best use of freeing up space in their home, office or commercial development, then structural waterproofing will continue to develop, and we need to attract a new generation of professionals into the industry to ensure high standards are retained. “The apprenticeship manual has been produced in conjunction with CITB, with input from structural waterproofing members, to ensure it meets the requirements of the industry.” The apprenticeship programme will run for 18 months and features classroom and practical training and on-the-job training. Apprentices will cover a selection of subjects including a background into the industry and the preparation and application techniques. The handling of materials and tools, as well as legislation, health and safety in the workplace will also be covered. James Berry added: “The value of both PCA training and qualifications is highly regarded – and renowned for raising standards and technical competency across the structural waterproofing industry. “The apprenticeship programme is a natural addition and will fulfil an important need in the sector.” To find out more about the apprenticeship scheme and funding options, register an interest or sign up an apprentice, please contact Jade Stocker at jade@property-care.org or call 0844 375 4301. www.property-care.org

Read More »