Cristina Diaconu

Buyer demand surges in Essex

The numbers of buyers chasing each property has increased in Essex, nowhere more so than Romford where an average of 26 buyers are chasing each property. Other parts of the county are doing well also. Over the last 12 months, Basildon has seen a huge surge in demand for property,

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Payment provisions: Be clear and not late

In June the Technology & Construction Court (TCC) delivered a simple message to contractors, says solicitor Sarah Evans. If you want the benefit of draconian payment provisions, spell out your payment applications clearly. Above: Sarah Evans is a solicitor with Thomas Eggar LLP Henia Investments Inc v Beck Interiors Ltd

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Madelin heads for uncharted waters

23 April 2016 – by Alexander Peace When people first visit Canada Water, says Roger Madelin, the man heading British Land’s 46-acre dockside regeneration scheme, they say two things. Firstly: “Blimey, it was easy to get here.” Secondly: “Bloody hell, this is a bit of a desolate wasteland.”

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Axa poses question over 22 Bishopsgate construction

According to Bloomberg, Axa Investment Managers-Real Assets will give the project’s co-investors three alternatives to proceed with the scheme: start construction this year as planned; delay; or sell it. Although, sources have told Bloomberg that latter option is the least likely. The other investors backing the scheme include Singaporean Temasek

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RICS survey indicates softening optimism

A survey of quantity surveyors reveals a decline in optimism among the profession about their business prospects. Above: RICS chief economist Simon Rubinsohn The latest UK construction market survey by the Royal Institution of Chartered Surveyors (RICS) revealed a drop in the number of construction professionals saying that they expected

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RLB CELEBRATES TEN YEARS AS A GLOBAL PRACTICE

Today, Rider Levett Bucknall (RLB) proudly celebrates ten years since the formation of the independent global practice. RLB was launched in 2007, in response to growing globalisation and increased customer requirements. Since then, the firm has gone from strength to strength with now some 3,600 employees in 120 offices across

Read More »

Deep Soil Mixing Ltd Part of Award Winning Road Project

A recent soil mixed road project by Deep Soil Mixing Ltd has won the Environmental and Sustainability Award at the Institute of Highways Engineers Mercia Brand Awards. The project was carried out for contractor Kier Living and consulting engineers Patrick Parsons Ltd. The award was presented to the multi-disciplinary consulting

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Latest Issue
Issue 338 : Mar 2026

Cristina Diaconu

Audio Logist Has Issues the Opinion That Warning Signs Should Be Placed

Audiologist.co.uk, the Yorkshire based hearing aid specialist that works nationwide has issued the opinion that warning signs should be placed by noisy construction sites to protect those that are passing by. Operatives that work on noisy site are issued with ear defenders in order to protect their hearing while they carry out the work, however this is impractical for passers by because of the cost and loss of hundreds of ear defenders by handing them out to the public wouldn’t work long term. Signage and warnings in areas where work is being carried out at levels above what is thought to be safe. Any sound above 85 dB is thought to cause damage to hearing without precautions, with those most at risk from noise damage being the young, the elderly and those that already have  compromised hearing. A pneumatic drill operates at around 90 dB, with the extra 5 dB accounting for a 150% increase in the level of noise. This increase is so large because the decibel measuring system is logarithmic, not linear, and every 10dB reflects a doubling in the loudness of a sound. Those building sites and construction zones operating loud machinery should be putting up warnings for the general public in order to help protect their hearing, according to the nationwide hearing aid specialist. It has been suggested that the noise created on construction sites would be ok if it were confined to behind the fencing, however those in the city with more sensitive hearing could be quite badly affected by the noise generated. The warning signs will inform the public and then allow them to consider their own hearing and find an alternate route or not if they choose. Warnings could also allow passers by the opportunity to take precautions such as covering their ears as they pass by in order to offer some level of protection while construction work is taking place.

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Buyer demand surges in Essex

The numbers of buyers chasing each property has increased in Essex, nowhere more so than Romford where an average of 26 buyers are chasing each property. Other parts of the county are doing well also. Over the last 12 months, Basildon has seen a huge surge in demand for property, up by 298% followed by Romford, up by 89%, Upminster up by 70% and Chelmsford up by 29%. Romford is also seeing record demand for its property – it is taking just six days on average for properties to be snapped up by eager buyers. Martin Gibbon, Group Director of Balgores Property Group commented: “Demand for property in Essex is continuing to boom and this is down to a number of factors.  Without doubt, rising London house prices are driving large numbers of professional couples and families to Essex, where they can find more affordable accommodation, within just a short commute of Central London.                                              Crossrail is another driver in demand, particularly for property in Brentwood, Chelmsford and Romford. In 2018, Shenfield will become the terminus of Crossrail.  Trains run via Brentwood and Shenfield every 10 minutes to Liverpool Street (40 minutes) and it is just a 40-minute drive to Stansted airport. Many families and young professionals are attracted to Brentwood and demand for property is up by 29% year on year.  The town offers plentiful green space, good schools and very low unemployment rates. Romford is seeing record demand for property, thanks to the excellent transport links into London, enabling commuters to reach the City within 20 minutes. Many professional couples are moving from East London, because they are priced out of the market.  By relocating to Romford, commuters can save tens of thousands of pounds purchasing their home. The average cost of a 2-3 bedroomed house within walking distance of the train station in Romford has leapt by 63% since 2008 and is now sitting at £335,625. Basildon has recorded the largest surge in property demand over the last 12 months, up by a massive 298%.  House prices have risen sharply too, up by 21% year on year, with the average home now worth £262,395. Many homeowners have been outpriced in other areas, so they have settled in Basildon. There has been a massive regeneration of Basildon and it offers a great choice of affordable property including older, character properties, as well as new housing developments in the area, including Acacia Park in Gloucester Park and Morello Quarter in Cherrydown East, which are attracting young families and professional couples to the town. Properties in Hornchurch are selling very quickly – just an average of 11 days to sell, thanks to the high number of buyers who are looking to purchase a home within a cost effective commutable distance to London. Hornchurch boasts a huge variety of different property styles and a vibrant town centre. People who are selling property in London are now achieving very high prices, which allows them to pay more than ever for properties in Hornchurch.  This, coupled with the fact that mortgage rates are still low, means that people are now more likely to pay the asking price, or a higher price to secure their dream home.  This in turn is constantly driving up property values.” Source link

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Affordability for home buyers in Australia eases in second quarter of 2016

Affordability for home buyers in Australia eased back in second quarter of 2016 as price growth returned to the residential real estate market. Overall affordability fell by 3.7% and was 2.1% less than the same quarter of 2015, according to the latest report from the Housing Industry Association, the voice of Australia’s residential building industry. The capital city housing affordability index fell by 4.3% during the quarter, while the regional market index experienced a 1.9% improvement. ‘Home price growth moderated in the early part of the year and the index showed an improvement in affordability during the March 2016 quarter. However, in the June quarter dwelling price growth returned and the index reverted to the level we saw at the end of 2015,’ said Geordan Murray, HIA economist. ‘While there was a decline in the headline index tracking the national picture, there was substantial variation around the country with substantial differences between states, and also differences between capital city markets and regional markets,’ he pointed out. He explained that the geographic variation in affordability is most evident in the comparison between Melbourne and Perth. Over the last year, the median dwelling price in Perth has fallen by 4.7% while Melbourne’s has grown by 11.5%. This has seen the affordability index for Perth increase by 6.2% over the last year, while the index for Melbourne has fallen by 6.2%. ‘These differences in affordability align with the relative economic performance of these two states. The Western Australian economy is navigating the tail end of the mining boom which has seen conditions in the local labour market deteriorate and consequently the rate of population growth has fallen quite sharply,’ Murray said. ‘In contrast, Victoria has experienced a healthy level of growth in the labour force and continues to record the strongest rate of population growth in the country,’ he added. A breakdown of the figures show that during the June 2016 quarter, improvements in affordability were observed in three capital cities with the largest improvement in Perth with growth of 3.2%, Darwin up 2.9% and Hobart up 2.2%. Affordability worsened in the remaining five capital cities with the largest decline recorded in Melbourne with a decline of 7.4%, followed by Canberra down 5.7%, Sydney down 1.6%, Adelaide down 1.3% and Brisbane down 1%. Source link

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Payment provisions: Be clear and not late

In June the Technology & Construction Court (TCC) delivered a simple message to contractors, says solicitor Sarah Evans. If you want the benefit of draconian payment provisions, spell out your payment applications clearly. Above: Sarah Evans is a solicitor with Thomas Eggar LLP Henia Investments Inc v Beck Interiors Ltd hammered this message home again, this time with guidance on liquidated damages. The case concerned a £4m contract for fitting out and construction works (The Works), between Henia (Employer) and Beck (Contractor) under an amended JCT Standard Building Contract without Quantities 2011. The Works were more than 11 months late and still not complete. While the contract administrator had issued a non-completion certificate, it had not determined whether Beck was entitled to any extension of time. Beck’s interim application for payment 18 for April 2015 was issued late. Beck later relied on its lateness as meaning it was a valid application for May (for which no further application was issued). Interim certificates 18 and 19 issued by the CA for April and May were also late (the latter by three minutes in the middle of the night). Certificate 19 showed a net sum payable of £18,893.53. On 17th June, Henia issued a pay less notice stating ‘£0’ was due based on the previous valuation, certificate 19 and its entitlement to liquidated damages for 40 weeks delay. The dispute focused on three issues: Was Beck’s Application 18 an effective or valid interim payment notice in respect of the 29th May 2015 payment due date? Was Henia’s ‘£0’ notice an effective or valid pay less notice? Would a failure by the contract administrator to make a decision over a compliant extension of time (EOT) application render its non-completion certificate invalid or otherwise prevent Henia from deducting and/or claiming liquidated damages? Henia’s position was ‘no’, ‘yes’, ‘no’; Beck’s was the opposite. The court agreed with Henia.      On the first question, the court scrutinised the contract ‘time line’ for ‘payment due dates’, interim applications, interim payment notices, interim certificates, pay less notices and final payment dates. It found a lack of precision in the following of the contract. On application 18, the court stressed the need for it to be unambiguous. Given its potentially serious consequences, both Contractor and Employer needed to know what to do and when. As it was a hybrid at best, it was not an application for the 29th May date. On the second question, the validity of Henia’s pay less notice centred on the HGCRA1 being consistent with and reflected in the contract provisions. The notice could therefore raise contractual deductions and legitimate set-offs and deploy Henia’s own valuation of the Works. On the third question, despite the court’s view on the lack of an EOT decision and the right of Henia to deduct liquidated damages, this did not prevent Beck taking action to challenge it, either short-term in adjudication or in later final dispute resolution processes. Lessons to learn? Stick rigidly to contractual time lines for payment. Spell out the content of applications and notices without ambiguity. For Employers, there is nothing under the JCT Standard Building Contract to stop you deducting liquidated damages in pay less notices when valuing works, even if there is no EOT.     1. Housing Grants, Construction and Regeneration Act 1996 This article was published on 3 Sep 2015 (last updated on 7 Sep 2015). Source link

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IDI Gazeley acquires 1.3m sq ft warehouse and logistics site for Phase 2 of Magna Park, Milton Keynes

IDI Gazeley has acquired industrial development land at Magna Park, Milton Keynes and has appointed Savills and JLL as letting agents for the scheme. Following the success of Phase 1, Phase 2 provides a further 62 acres with an additional 1.3 million sq ft (120,774 sq m) at Magna Park, which is currently home to a number of major international occupiers including John Lewis, Waitrose, River Island and AG Barr. The site has planning permission for units ranging from 150,000 sq ft (13,935 sq m) to 640,000 sq ft (59,457 sq m), with the consent and infrastructure in place to deliver buildings within eight months on a build-to-suit basis. Toby Green, director in the national industrial & logistics team at Savills, comments: “Magna Park is one of the preeminent UK industrial Parks with an impressive list of tenants. This acquisition was an excellent opportunity for IDI Gazeley to expand the Park as there continues to be a significant shortage of prime warehouse stock, particularly in the South East and southern M1 corridor. The ability to deliver a 650,000 sq ft unit in circa eight months sets the scheme apart from the competition.” Alex Verbeek, Senior Vice President and UK Managing Director of IDI Gazeley, adds: “IDI Gazeley has built 3.8 million sq ft at Magna Park Milton Keynes in Phase 1 and we are very pleased to announce that Phase 2 now offers a further 62 acres of immediately deliverable logistics warehousing, to continue to meet market demand.” Source link

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Madelin heads for uncharted waters

23 April 2016 – by Alexander Peace When people first visit Canada Water, says Roger Madelin, the man heading British Land’s 46-acre dockside regeneration scheme, they say two things. Firstly: “Blimey, it was easy to get here.” Secondly: “Bloody hell, this is a bit of a desolate wasteland.” Three months into his new job, the ex-Argent chief executive will be hoping to use the former to take care of the latter. That, and a little bit of experience from King’s Cross, N1. Madelin, at Argent since 1987 and joint chief executive from 1997 to 2012, led the redevelopment of the 67 acres of mixed-use space following the firm’s selection by London and Continental Railways in 2001. All the content from this weekís magazine, including this article, is available in the new app. British Land hired him to do the same thing in Canada Water, SE16. “I don’t want to brag about King’s Cross,” he says, “but the public realm is more than half decent, and the buildings are more than half decent. There is still a long way to go… but it’s a successful part of central London.” “If the transport was put on hold in 2004, goodness knows what it would look like. We probably would have done some residential on the northern land but it would still be underdeveloped to a large extent, and a wasteland,” he adds. And if King’s Cross – a national and international rail interchange with six tube lines in Zone One – needed infrastructure, it is possible that developing Canada Water, in what could be described as the geographic armpit of London, could be problematic. Click here to read the full story Source link

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Axa poses question over 22 Bishopsgate construction

According to Bloomberg, Axa Investment Managers-Real Assets will give the project’s co-investors three alternatives to proceed with the scheme: start construction this year as planned; delay; or sell it. Although, sources have told Bloomberg that latter option is the least likely. The other investors backing the scheme include Singaporean Temasek Holdings Pte, Canada-based Public Sector Pension Investment Board and British Columbia Investment Management Corp. If the investors opt to go-ahead with construction this year, the contract could be signed as early as October, according to Bloomberg. AXA IM – Real Assets chief executive Pierre Vaquier told Bloomberg ahead of the vote to leave the EU on 23 June that he was awaiting the outcome of the referendum before deciding on whether to proceed with the tower. 22 Bishopsgate is being developed in partnership with Lipton Rogers, with Brookfield Mulitplex attached to the project in a pre-construction service agreement. The project replaced the previous Pinnacle scheme, for which construction began in 2008 and suspended in 2012 after the recession. The new designs include a 278 m tall tower – 10 m lower than the previously approved scheme – with 130,000 sq m of office space. An AXA IM – Real Assets spokesperson said: “We remain committed to the site, we are continuing to work and we are considering all our options.” Source link

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RICS survey indicates softening optimism

A survey of quantity surveyors reveals a decline in optimism among the profession about their business prospects. Above: RICS chief economist Simon Rubinsohn The latest UK construction market survey by the Royal Institution of Chartered Surveyors (RICS) revealed a drop in the number of construction professionals saying that they expected to see workload rise over the next 12 month. While the balance between those expecting workload to rise and those expecting it to fall was a healthy 55%, this was a considerable decrease on expectations from this time last year when 79% more respondents expected to see workloads rise. Meanwhile, following 4% employment growth in 2015, respondents foresee headcounts continuing to rise over the coming 12 months with a net balance of 41% expecting growth, and a rise of 2% forecast, on average. The survey also confirmed reports that growth in the private housing sector slowed down considerably during the first quarter of 2016. In fact, private housing workloads rose at their slowest pace since the second quarter of 2013. Only 36% more of those working in the sector reported a rise in growth rather than a fall over the first quarter of 2016. A year ago that figure was close to 50%. Across all sectors, the RICS construction market survey shows that 33% more respondents saw workloads rise rather than fall during the last quarter of 2015, down from 38% three months ago. RICS chief economist Simon Rubinsohn said: “On the surface, it might seem surprising that we are witnessing a slowdown in the construction sector just a few months after hearing the Chancellor’s ‘We Are The Builders’ speech, given the Government’s significant commitment to this sector. One might well ask why growth in private housing workloads is softening at a time when policy is firmly focussed on the creation of new starter homes. We have long held the view that starter homes cannot be the only solution. There is an issue around the availability of land on which new houses can be built, and we would like to see more being done to free up private brownfield sites. “Our survey tells us that planning delays are one of the biggest barriers to growth in the construction sector. We have recommended that councils work together to create a team of emergency planners who can parachute into boroughs that are experiencing significant delays, therefore reducing a major growth barrier. “That said, we cannot discount the climate of uncertainty caused by the forthcoming EU referendum. We know that a range of sectors have been affected by these issues as investors look to delay any decisions until a final outcome has been determined, and construction is no exception.”       This article was published on 20 Apr 2016 (last updated on 20 Apr 2016). Source link

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RLB CELEBRATES TEN YEARS AS A GLOBAL PRACTICE

Today, Rider Levett Bucknall (RLB) proudly celebrates ten years since the formation of the independent global practice. RLB was launched in 2007, in response to growing globalisation and increased customer requirements. Since then, the firm has gone from strength to strength with now some 3,600 employees in 120 offices across the world, working with prestigious clients such as London Olympics 2012, Sydney Opera House and the HSBC Headquarters Building in Hong Kong. Ann Bentley, Global Chair of RLB commented, ‘It is my great honour and pleasure to congratulate and thank all who have contributed to the success of RLB over the last ten years. Our thanks are extended to the many customers and partners who have continued to work with us on projects, adding to an extensive list of achievements across Africa, Asia, Europe, the Middle East, North America and Oceania. ‘Since the formation of our global practice, RLB has enjoyed close working relationships with many in the local and international property and construction industry. The nature of our business means that our futures are interdependent and accomplishments in each of RLB’s 120 offices reflect success for us all. ‘At RLB, we are committed to creating value for our customers through our four core services – cost management and quantity surveying, project and programme management, building surveying and health & safety, and advisory services.’ Following two centuries of progression and growth, three major companies with common values – Rider Hunt, Levett & Bailey and Bucknall Austin – joined together to form the Rider Levett Bucknall global practice on 23 June 2007. In the following decade, the global practice expanded its worldwide portfolio into Africa with seven offices, established a new business in Malaysia and Myanmar, opened new offices in China, Canada, the United Kingdom, the United States of America, the Philippines, and further consolidated new business across the Middle East and Caribbean. Through the collaborative efforts of the global practice and the skills and passion of its people, RLB has enjoyed remarkable growth and achievements in the past ten years. RLB continues to build on global knowledge and local expertise as an independent leader in the industry, helping to shape the future of the built environment. Key sectors of specialisation include education, energy, healthcare, hotels and leisure, infrastructure, mixed use, offices, public and civic, residential, retail and sport. As the firm brings new projects to life, it will continue to contribute to the future direction of major cities across the globe over the next decade. RLB has released a book to commemorate its tenth anniversary in 2017, ‘Confidence Today Inspires Tomorrow; Celebrating a Decade of Achievement’. https://10years.rlb.com/

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Deep Soil Mixing Ltd Part of Award Winning Road Project

A recent soil mixed road project by Deep Soil Mixing Ltd has won the Environmental and Sustainability Award at the Institute of Highways Engineers Mercia Brand Awards. The project was carried out for contractor Kier Living and consulting engineers Patrick Parsons Ltd. The award was presented to the multi-disciplinary consulting engineers Patrick Parsons Ltd for the deep soil mixing works below the adoptable highway at Harrowby Road, Bilston. The site was being redevelop by Kier Living to provide residential properties. However, the landfilled made ground below a section of the road was of such poor quality that CBR values (CBR = California bearing ratio, a test for the mechanical strength of the natural ground) were almost non-existent. Therefore, the local Highways Authority and Severn Trent would not adopt roads due to the low ground quality. Patrick Parsons Ltd and Deep Soil Mixing Ltd provided a suitable ground improvement method using DSM’s double rotational mixing head to soil mix the ground as well as improving the waste classification of excess materials post treatment. By mechanically mixing the existing soil with a cementitious binder, the new geotechnically modified material provides greater ground stability the area can be used for residential properties. Additionally, this method also proved to be much more sustainable and environmental friendly than the previously planned method of removing the low quality ground and replacing it with imported granular fill. Besides that, it also had the advantage of being quicker a more cost effective. Colin Critchlow, Director at Deep Soil Mixing Ltd, comments: “We are very proud that the Harrowby Road project has won the IHE Mercia Award for environmental and sustainability project of the year. That is the ethos of what Deep Soil Mixing Ltd and the solutions we offer is all about, environmentally friendly and sustainable solutions.”

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