CBRE Strikes $1bn Deal to Acquire Onnec as Global Data Centre Infrastructure Investment Accelerates
Global real estate services and investment giant CBRE has agreed a deal worth up to $1 billion to acquire London-based data centre infrastructure specialist Onnec, significantly expanding its capabilities in one of the fastest-growing sectors of the built environment. The acquisition will see CBRE pay an initial £460 million ($610 million) in cash, with a further performance-related payment of up to £300 million ($400 million) potentially payable over several years. The transaction represents a major investment in specialist data centre engineering, network infrastructure and technical services, strengthening CBRE’s position in a market being driven by growing demand for cloud computing, artificial intelligence and digital connectivity. Founded in 1986 and headquartered in London, Onnec specialises in the design, deployment and maintenance of network, fibre and data centre infrastructure, providing critical technical services to major technology operators and hyperscale data centre customers. The business employs approximately 800 people across the United Kingdom, continental Europe and the Asia-Pacific region, giving CBRE an established international platform from which to expand its specialist infrastructure operations. Once completed, Onnec will become part of CBRE’s critical infrastructure services business, complementing the group’s existing data centre infrastructure capabilities in the United States. The acquisition is expected to create opportunities for greater international coordination across the design, installation, commissioning, operation and maintenance of increasingly complex digital infrastructure facilities. For the construction and engineering sectors, the deal highlights the growing strategic importance of the specialist contractors and technical service providers responsible for delivering the infrastructure within modern data centres. While investment in data centre development is frequently measured through the construction of large-scale buildings and campuses, the technical infrastructure housed within these facilities is equally critical to their performance. High-capacity fibre networks, structured cabling, connectivity systems and associated infrastructure form essential components of the operational environment required by hyperscale technology businesses. As demand for computing capacity increases, developers and operators are placing greater emphasis on the delivery of reliable, scalable and resilient facilities capable of supporting increasingly demanding technology requirements. Onnec’s specialist expertise will therefore strengthen CBRE’s ability to support customers across the wider lifecycle of data centre assets, from initial infrastructure deployment through to ongoing technical maintenance. The financial outlook for the acquired business also demonstrates the scale of the opportunity within this rapidly expanding market. Onnec is expected to generate approximately £370 million ($498 million) in revenue during 2027, alongside core earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding £50 million ($67 million). Including the anticipated contribution from Onnec, CBRE expects its critical infrastructure services business to generate nearly $4.5 billion in total revenue in 2027. The projected performance underlines the increasing significance of digital infrastructure services within CBRE’s broader international property and facilities management operations. The acquisition also reflects a wider transformation taking place across the commercial property sector, where data centres have emerged as a major area of investment alongside more traditional asset classes such as offices, industrial and logistics facilities. Unlike conventional commercial buildings, data centres require highly specialised engineering systems, resilient power infrastructure, sophisticated cooling arrangements and extensive digital connectivity to maintain continuous operations. This complexity creates sustained demand for specialist engineering expertise, both during initial construction and throughout the operational life of the facility. For CBRE, bringing Onnec into its critical infrastructure division will provide additional technical resources and geographical coverage, particularly across European and Asia-Pacific markets where the company already serves major technology customers. The combination of Onnec’s established regional operations and CBRE’s existing US capabilities is expected to strengthen the group’s ability to support international clients operating across multiple data centre markets. The transaction remains subject to the necessary regulatory and other approvals, with completion anticipated around the end of 2026. If finalised, the acquisition will represent another significant step in CBRE’s expansion into specialist infrastructure services, positioning the business to capitalise on the continued growth of global data centre development and the increasingly sophisticated engineering requirements of the digital economy. Building, Design & Construction Magazine | The Choice of Industry Professionals
Building for what’s next: Simon Nevitt succeeds Keith Barker as COO of wienerberger UK & Ireland
wienerberger UK & Ireland has announced that Simon Nevitt will succeed Keith Barker as Chief Operating Officer from 1 November 2026, following Keith’s planned retirement. Keith will remain with the business until the end of December to support the final stages of the transition and ensure a smooth handover. Simon Nevitt takes on the role as part of a long-planned succession, after eight years with the business, having served as both Operations Director and Chief Development Officer. The appointment marks the next chapter in wienerberger’s evolution, providing continuity for customers, suppliers and employees while bringing fresh perspectives as the business responds to changing customer needs and market demands. “I am honoured to have the opportunity to lead wienerberger UK & Ireland,” said Simon Nevitt. “Thanks to the work of Keith and our colleagues, together we have built a more resilient business, expanded our capabilities and created exciting opportunities across wall, roof, water and heating. While the construction industry continues to navigate challenging market conditions, working alongside a talented executive team, my focus will be on supporting our customers, investing in our people and continuing to build for what’s next.” Keith Barker retires after more than 16 years with wienerberger UK & Ireland, including nine years spent at the helm. During his tenure, the company underwent significant transformation through strategic investment, diversification and acquisitions. The acquisition of Building Product Design strengthened the company’s wall and roof offering, while FloPlast, Cork Plastics and Maincor expanded the business and formed the foundations of today’s water and heating division. “One of the greatest strengths of any successful organisation is knowing when it is the right time to pass the baton,” said Keith Barker. “This transition has been part of our long-term plans, and Simon was the natural choice to lead the business forward. He understands our business, our people and our customers, and he has played an important role in helping shape the organisation we are today. I have every confidence in his ability to build on everything we have achieved together.” “I leave knowing the business is in a strong position, with a clear strategy and a talented leadership team. When I reflect on my time with wienerberger, what makes me proudest is not any individual achievement, but the strength of the business and the people within it. It has always been our colleagues who have made the difference.” To find out more about wienerberger UK & Ireland, visit www.wienerberger.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals
Reapit celebrates nine years of ESTAS success
Customers have once again put Reapit at the top of the industry at the ESTAS, the UK’s largest residential property awards, with its automated client accounting solution, PayProp, among the night’s big winners. PayProp was named Best in Sector – Payment Services again in 2026, extending its extraordinary run to nine consecutive ESTAS titles. Unlike many industry awards, ESTAS winners are determined by verified customer reviews collected throughout the year. For Reapit, the awards represent recognition from the people who use its technology every day. Nine years at the top Nine consecutive ESTAS victories is a milestone few PropTechs can claim. For Reapit’s PayProp client accounting platform, it reflects a continued focus on helping letting agents reduce manual payment admin, protect client money and operate more efficiently. In a sector facing growing operational and regulatory pressures, agents continue to rely on the PayProp platform to automate one of the most important functions within their business. The industry’s biggest celebration As the headline partner of the ESTAS Awards, Reapit also welcomed customers and industry leaders to the event, hosting three VIP tables during one of the property sector’s biggest annual gatherings. The evening brought together agents, suppliers and industry experts from across the sector and highlighted the important role customer feedback continues to play in shaping products, services and standards across the industry. “First and foremost, thank you to our customers. Awards decided by industry panels are always welcome, but recognition from the people who use your technology every day carries a different weight,” said Steve Richmond, Reapit’s General Manager. “For our PayProp platform to secure a ninth consecutive ESTAS title is an incredible achievement and a reflection of the consistency, expertise and commitment of our team. Building, Design & Construction Magazine | The Choice of Industry Professionals
Pensdown named ECA Contractor of the Year at 2026 Industry Awards
Pensdown has been named ECA Contractor of the Year – in the category up to £5 million turnover – at the 2026 ECA Industry Awards, recognising the company’s achievements in electrical contracting, engineering innovation and sustainable technology installation. The awards ceremony took place at Hilton London Bankside on Friday 9th October, bringing together businesses and individuals from across the electrotechnical and engineering services industry, an event that formed part of the Electrical Contractors’ Association’s (ECA) 125th anniversary celebrations. Pensdown’s entry highlighted its delivery of a 765kW rooftop solar photovoltaic (PV) installation and 0.5MW battery storage system at a large distribution facility in Lutterworth, Leicestershire, during 2024/25. The project demonstrated Pensdown’s ability to undertake technically demanding work within a live operational environment, combining electrical engineering expertise with bespoke design solutions and a rigorous approach to health and safety. The Lutterworth installation involved fitting 1,512 solar panels across a large industrial rooftop while the distribution facility remained operational. The work required careful coordination of logistics, installation activities and safety measures, with Pensdown reporting no incidents throughout the project. To achieve the required precision when positioning the mounting brackets, the team designed and fabricated a bespoke timber template rig. This supported the setting-out and installation of 4,356 individual brackets, helping ensure accuracy across the rooftop arrays. The project also presented a challenge below the roof. With limited wall space available for the solar PV infrastructure, Pensdown designed and constructed a bespoke, freestanding modular steel-framed structure known as the PV Pod. Using a Sikla system, the solution accommodated the required infrastructure within the available plant area. A second phase introduced 0.5MW of battery storage. Associated works included preparing a concrete base for a new GRP enclosure, installing distribution switchgear to connect the battery storage container to the building’s main low-voltage panel and fitting Armco barriers to provide physical protection around the container. The phased energisation of the systems enabled the project to progress in line with the programme and the availability of the building’s new electrical supplies. Safety and quality at the centre of delivery Working at height across an extensive industrial roof required a structured approach to managing risk. Pensdown installed and maintained scaffold access stairs, an electric materials hoist and skylight protection systems throughout the project. Daily reviews of risk assessments and method statements, alongside toolbox talks, formed part of the site team’s working practices. Quality assurance checks were also carried out at each stage of the mounting system installation, including verification that fixings were tightened to the manufacturers’ specified torque requirements. The project provided an example of how detailed planning, practical engineering and consistent safety procedures can support the delivery of complex electrical installations in operational environments. The award entry also highlighted Pensdown’s wider work in sustainable technologies and energy efficiency. Alongside its growing involvement in commercial solar PV and battery storage, the company also completed a significant LED lighting retrofit project in Edinburgh during the same period. The installation incorporated bespoke Zumtobel LED luminaires and Helvar intelligent lighting controls to support lighting and energy optimisation. It demonstrated that Pensdown’s services extend beyond conventional electrical installation to include structured cabling, audio-visual systems, EV charging, LED lighting and renewable energy technologies. This broad, predominantly in-house capability enables the business to coordinate multiple disciplines through a single contractor. The company’s approach also includes the recycling of waste electrical and electronic equipment (WEEE) and the reuse of existing infrastructure where appropriate. Pensdown’s award reflects the contribution of its team to delivering complex projects while maintaining a focus on quality, safety and client requirements. The Lutterworth installation demonstrated the scale and technical complexity of projects that can be delivered through specialist knowledge, careful planning and resourceful engineering. Winning the ECA Contractor of the Year Award provides industry recognition for Pensdown’s work and its continued development across electrical contracting, renewable energy and integrated building technologies. For more information: www.pensdown.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals
Cityscape Qatar brings real estate leaders and global experts together for 4th Qatar Real Estate Forum
From how investors assess opportunities to how cities are designed and experienced, Cityscape Qatar 2026 will put the questions shaping Qatar’s real estate market at the centre of the 4th Qatar Real Estate Forum. Powered by Cityscape, the Forum will take place from 27–29 October at the Doha Exhibition & Convention Center (DECC), bringing together leading voices from Qatar and around the world. Headline speakers include H.E. Sheikh Hamad bin Talal Al-Thani, CEO of Qatari Diar Real Estate Investment Company; H.E. Sheikh Nasser Bin Abdulrahman Al-Thani, CEO of Qetaifan Projects; H.E. Sheikh Jassim Bin Jabor Al Thani, CEO of Ariane Projects; and Eng. Ahmad Mohamad Al-Tayeb, Group CEO of Barwa Real Estate Group. International speakers include Jan Vapaavuori, Chairman of Finnvera, Finland’s export credit agency, former Mayor of Helsinki and member of the World Economic Forum’s Global Future Council on Cities; Nikki Greenberg, CEO of Real Estate of the Future; and Professor Carlos Moreno of IAE Paris-Sorbonne, creator of the ‘15-Minute City’ concept. Alexander Heuff, Group Director, Cityscape, said: “Strong real estate markets need to work for both investors and the people who use them every day. Investment decisions may begin with confidence in the market, but long-term performance is ultimately tested by whether a place continues to attract people, businesses and activity. That is why this year’s Forum looks at investment and the way cities are planned and experienced as part of the same conversation. Bringing those perspectives together gives visitors a fuller understanding of what can sustain opportunity over time, rather than looking at individual projects in isolation.” The programme will open on 27 October with a focus on Qatar’s investment outlook and the market’s next phase of growth. Senior leaders from Qatari Diar, Qetaifan Projects and Barwa will discuss the priorities behind some of the country’s largest developments, how projects move from masterplan to delivery and what international investors now look for before committing capital. Technology will also take the spotlight, with Nikki Greenberg exploring how AI and smart infrastructure are changing the way investors assess markets and assets across the Gulf. Professor Carlos Moreno will then examine how cities work for the people who live in them, looking at how access to work, education, healthcare, retail and public space within a neighbourhood can strengthen its appeal and resilience over time. Day one will also examine regulation and the investment environment, with perspectives from the Real Estate Regulatory Authority (Aqarat), alongside sessions on Qatar’s economic diversification, sustainable development and the changing role of retail and hospitality. The day will conclude with the Qatar Real Estate Awards ceremony. Across the following two days, the focus will move to investment decisions. Sessions will cover how investors evaluate opportunities, diversify portfolios and secure financing, alongside real estate tokenisation and what first-time buyers in Qatar should understand before investing. The programme will also look ahead to the next generation of development in Qatar, examining how wellness, healthcare, education, connectivity and community design are influencing where people choose to live and where investment follows. Under the theme ‘Where Vision Meets Investment’, Cityscape Qatar 2026 and the 4th Qatar Real Estate Forum will connect the projects and opportunities across the event with the wider market conversations shaping Qatar’s real estate sector. Visitor passes are free for all three days, with registration now open here. Building, Design & Construction Magazine | The Choice of Industry Professionals
Huws Gray strengthens Southern region leadership team
Huws Gray, a national building materials supplier providing end-to-end solutions to tradespeople and the DIY market, is pleased to announce the appointment of Jamie Bunting as Managing Director for its Southern region as part of its continued focus on leveraging its national presence. Jamie is an experienced multi-site leader with considerable experience across a number of retail sectors. Jamie joins Huws Gray after a 12-year tenure with B&Q, most recently as Head of TradePoint, B&Q’s trade focused business. In this role, he played a key part in delivering consistent LFL revenue growth each year. Jamie also oversaw the development of the TradePoint BDM role. Whilst also with B&Q, Jamie strengthened its small format programme, and spent 7 years as Regional Manager running East Anglia and London. In his role, Jamie will oversee 75 stores within Huws Gray’s national estate. Bringing considerable experience leading regional teams and enhancing customers’ in-store experiences, Jamie is perfectly placed to lead Huws Gray’s Southern region and drive the ongoing focus on operational excellence and supporting Huws Gray’s long-term growth ambitions. Jamie Bunting, Southern Managing Director at Huws Gray, commented: “I am thrilled to be joining Huws Gray at such a pivotal moment in its journey. It is a business that I have long admired, and there is a real opportunity to deliver a best-in-class service, enhance our offering and drive meaningful growth. In my career, I have always focused on putting colleagues and customers first and creating environments where close collaboration with stakeholders will deliver successful outcomes, I look forward to continuing this at Huws Gray.” Shaun Allen, Chief Operating Officer of Huws Gray, added: “I’m delighted to welcome Jamie to Huws Gray. His extensive background in regional development speaks for itself, and I look forward to seeing how he utilises his strong focus on delivery as we look to build on and substantiate our existing presence across the South of England.” Building, Design & Construction Magazine | The Choice of Industry Professionals