Frasers Group targets £400m dual outlet acquisition in major retail property play
Frasers Group is reportedly advancing plans to acquire two prominent outlet shopping centres in a deal valued at around £400 million, underlining its continued appetite for large-scale retail and mixed-use property investments. The retailer is understood to be in discussions to purchase the McArthur Glen-managed outlet schemes in York and the East Midlands from Aviva Investors, according to market reports. The potential acquisition would further strengthen Frasers Group’s growing portfolio of destination retail assets across the UK. York Designer Outlet, extending to approximately 350,000 sq ft, is anchored by a strong line-up of national and international brands including M&S, H&M, Nike and Paul Smith. Meanwhile, East Midlands Designer Outlet offers around 230,747 sq ft of retail space and accommodates more than 65 brands. Developed in 2002, the scheme occupies a strategic location on Normanton Road, करीब 6.5 miles south-west of Mansfield. The move follows Frasers Group’s acquisition of Swindon Designer Outlet last autumn. The 250,000 sq ft scheme, set within the historic Great Western Railway buildings in central Swindon, comprises around 110 units and represents a blend of heritage-led regeneration and modern retail. Frasers Group has remained highly active in the UK property investment market, pursuing a strategy focused on acquiring and repositioning large-scale retail destinations. Recent transactions include the purchase of Braehead Shopping Centre in Glasgow in November 2025, as well as Waterfront Retail Park in Greenock earlier in the year. Advisory roles on the potential deal are being handled by CBRE on behalf of Frasers Group, while Aviva Investors is being advised by Morgan Williams. The proposed acquisition highlights continued investor confidence in outlet retail formats, particularly those offering strong tenant mixes, regional catchments and opportunities for asset enhancement within evolving consumer markets. Building, Design & Construction Magazine | The Choice of Industry Professionals
Rolls-Royce SMR secures landmark deal to deliver UK’s first small nuclear plants
Rolls-Royce SMR has signed a pivotal contract with Great British Energy – Nuclear to deliver the UK’s first generation of Small Modular Reactors, marking a major milestone for both the energy and construction sectors. The agreement follows the company’s selection as preferred technology partner in June last year, with £2.6 billion earmarked in the 2025 Spending Review to support the wider rollout of the programme. The first project is set to be developed at Wylfa on Anglesey in North Wales, where construction is expected to support around 3,000 jobs at peak delivery, alongside thousands more across the national supply chain. The scheme represents a significant pipeline of work spanning advanced manufacturing, infrastructure delivery and specialist engineering. Under the terms of the contract, Rolls-Royce SMR will progress site-specific design, regulatory approvals and planning activities, moving the project closer to a final investment decision. The programme is based on a standardised, factory-built approach, aimed at improving cost efficiency and programme certainty compared with traditional nuclear construction. The company plans to deliver three SMR units in the UK, with each facility capable of generating enough electricity to power approximately one million homes. The modular nature of the technology is expected to drive demand for off-site manufacturing, logistics hubs and highly specialised industrial facilities. A consortium including BAM Nuttall, Laing O’Rourke and Atkins is supporting the development of the SMR design, bringing together expertise across engineering, construction and project delivery. Chris Cholerton, chief executive of Rolls-Royce SMR, said the agreement provides clarity and momentum for the programme, enabling the transition from planning into delivery. He added that the scheme will play a key role in strengthening the UK’s energy security while creating long-term opportunities for the construction sector and domestic supply chain. The deal highlights the growing importance of nuclear-led infrastructure in driving industrial development, with SMRs positioned to reshape how large-scale energy assets are designed, manufactured and delivered across the UK. Building, Design & Construction Magazine | The Choice of Industry Professionals
More homes for Sheffield, as contractors start work on Park Hill’s newest phase
As they continue their long-term commitment to the transformation of Park Hill in Sheffield, joint venture partners Urban Splash and Places for People have appointed GMI Construction Group PLC to deliver the fourth phase of the landmark development. The news follows a recent £6.4m deal with Homes England and news that Great Places will deliver 24% affordable homes within the new phase. Work has started onsite this month, with GMI leading the construction of 125 new apartments alongside new public realm, EV charging points, car club facilities, and secure bike storage. Ed Weston, Regional Director for Yorkshire at GMI Construction Group, said: “As a Yorkshire-based company, we’re especially proud to be appointed to deliver the refurbishment of Phase Four at Park Hill, a development that holds enormous architectural and cultural importance for the city of Sheffield and the wider region. Projects of this nature demand a sensitive, experienced approach, and GMI’s strong track record in refurbishment and urban regeneration makes us well placed to work with an iconic and much-loved landmark of this scale. “Phase 4 represents the next chapter in Park Hill’s careful evolution. Our priority is exceptional delivery, respecting the building’s heritage while creating high-quality, sustainable homes and public spaces that will support a thriving, long-term community.” The new homes will build on decades of progress made by Urban Splash and Places for People at Park Hill, where the partnership has already completed 455 homes, accommodation for 356 students, more than 50,000 sq ft of commercial workspace, and extensive landscaping and public realm. A fifth phase – which already has planning consent – will deliver a further 105 homes (a mix of one- to four-bedroom apartments, duplexes and townhouses), alongside 2,000 sq ft of new commercial space for independent local businesses, complementing the area’s growing community of occupiers including South Street Kitchen, The Pearl, and the Grace Owen Nursery. Nilam Buchanan, Regional Managing Director for Central and North Developments at Places for People, added: “We’re proud of what’s been achieved at Park Hill so far – creating new homes and public spaces in a setting with real heritage. This next phase continues our commitment to creating thriving communities and making the area a great place to live, work and visit.” Sian Stanhope of Urban Splash, who is Development Manager at Park Hill, said: “This next phase marks another step forward in the long-term regeneration of Park Hill. Our ambition has always been to create a vibrant, mixed community here – and this milestone brings us even closer to delivering on that vision.” Urban Splash and Places for People are also working in joint venture on the development of Port Loop in Birmingham, where their latest phase – Mansion House – has just completed, offering 58 new apartments across a mix of tenures. For further information and to register for details of the new homes visit: https://www.urbansplash.co.uk/regeneration/projects/park-hill Building, Design & Construction Magazine | The Choice of Industry Professionals
Lighting as a Strategic Asset: How Data-Driven Solutions Deliver Long-Term Value in NHS Decarbonisation
Lighting is one of the fastest ways to reduce energy use and carbon emissions, but only data-driven, connected solutions deliver long-term results. As the UK government announces a £1bn investment in NHS decarbonisation, it is clear that energy-efficient, connected lighting is no longer a “nice-to-have” feature; it has become a strategic, measurable part of net zero delivery. Tridonic has been at the forefront of professional lighting innovation for over 60 years, from early electronic control gear to LED drivers and modules, and more recently to connected systems built on open, standardised protocols such as DALI-2 and D4i. This interoperability allows lighting to integrate seamlessly with building management systems, unlocking new operational value for building owners and operators. The true potential of modern lighting lies in data. Today’s luminaires generate real-time insights on energy consumption, operating hours, faults, and component health. This transforms lighting from a passive system into an intelligent, data-generating asset, enabling predictive maintenance, operational optimisation, and long-term lifecycle management. Tridonic’s Building Asset360 methodology takes this transformation further by aligning lighting system insights with the operational needs of each building. Building Asset360 ensures that investments deliver measurable outcomes over the lifecycle, from energy savings and reduced maintenance to carbon reduction, rather than just short-term efficiency gains. Building Asset360 transforms lighting from a passive system into an intelligent, fully managed building asset. Each luminaire generates a digital profile, providing real-time insight into performance, usage, and condition. This information enables predictive maintenance, automates emergency lighting compliance, and feeds occupancy and usage data into energy optimisation strategies, helping to reduce consumption, lower operational costs, and support net zero targets. Because lighting is present in every space, it is increasingly central to smart building strategies, serving as a continuous source of actionable data. Connected systems allow operators to monitor energy use, performance, and maintenance needs in real time, turning lighting into a tool for insight rather than simply illumination. Building Asset360 shows how this data can be leveraged to inform decisions, optimise efficiency, and support long-term sustainability, helping teams, companies and trusts ensure that decarbonisation investments are both effective and evidence-based. By delivering continuous, lifecycle-wide value, Building Asset360 integrates lighting into the wider smart building ecosystem. Initiatives like the NHS decarbonisation framework show how connected lighting is central to public sector retrofits, where measurable energy savings, carbon reduction, and strategic investment are critical. Richard Strode, Managing Director, Tridonic UK, said, “Lighting is providing new insight into how buildings operate. Building Asset360 captures data on performance, energy use, and maintenance, giving information needed to make informed, evidence-based decisions. In the context of the UK government’s £1bn NHS decarbonisation programme, connected, data-driven lighting will help hospitals and healthcare settings achieve measurable energy reductions and carbon savings, while ensuring investments are used efficiently and deliver long-term value.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Stepnell boosts North West expansion with £428m framework win
COMPLETE construction partner Stepnell has secured a place on the £428m North West Rise Construction Framework, boosting its regional presence and underpinning its wider UK growth strategy. The appointment follows the opening of the regional contractor’s Liverpool office and forms part of its commitment to fostering long-term relationships and sustainable growth across the North West construction market, delivering high-quality, socially responsible projects through established public sector frameworks. Procured by Regenda Group in partnership with Rise Construction Framework, the agreement runs until March 2030 and sees Stepnell appointed to Lot 1 – General Construction within the £15m+ value band, as one of five contractors selected. The framework attracted 79 tenders for this lot, with 38 firms appointed in total, placing Stepnell within a highly competitive group of contractors operating at scale. Craig Finn, framework director at Stepnell, said: “This is a significant appointment for Stepnell and a strong endorsement of our approach as a responsible, long-term construction partner. “Our focus has always been on more than just delivering buildings – we work to create real value for clients and the communities we operate in. That includes delivering meaningful social value, supporting local people and ensuring every project contributes positively beyond the built environment. “Securing this place on the framework aligns with our growth in the North West and reflects the strength of our offer, our people and our commitment to delivering lasting value for clients and communities.” The contractor will support initiatives across the North West region, including working with care leavers, engaging with Rise’s social mobility programme and contributing to community activity through volunteering and fundraising. Stepnell will also collaborate with voluntary, community and social enterprises (VCSEs) and support engagement with school leavers. The framework, which has generated over £100 million in social return on investment over the last decade, supports public sector clients including local authorities, NHS trusts, blue light services, housing providers and education bodies across North West England, North Wales and Yorkshire and the Humber. Sara Lawton, director at Rise Construction Framework, said: “As we celebrate the 10th anniversary of Rise Construction Framework we are delighted to launch the latest re-iteration of Rise. “Importantly we are looking forward to continuing to change the lives of people across our communities; we are proud to hold the Kings Award for Enterprise for our commitment to social mobility meaning the public sector not only have access to experienced supply partners who deliver quality capital projects, but they are investing in communities each time they access our services.” The win comes amid continued growth for Stepnell, following a fifth consecutive year of profit, as the contractor strengthens its presence across key UK regions through targeted expansion and framework opportunities. For more information on Stepnell and its services, visit https://www.stepnell.co.uk/ Building, Design & Construction Magazine | The Choice of Industry Professionals
Report Calls for Temporary Power to Ease EU Grid Strain
A new white paper has revealed how temporary and engineered on-site power solutions can accelerate grid modernisation across Europe and alleviate rising pressure on transmission and distribution networks. “Breaking the Gridlock”, published by engineered energy and temperature solutions specialist Aggreko, maps the structural challenges facing Europe’s electricity networks as the continent undergoes rapid electrification, decentralisation and renewable energy expansion. The report highlights that transmission and distribution network operators are working closer as a decentralised style of grid operation based on renewables becomes the norm. It argues this shift demands major investment to upgrade ageing assets, expand lines and redesign a network built for one-way flows from large plants. It also highlights the temporary on-site power solutions that can be used to break common utilities bottlenecks. These include balancing power, bridging power, seasonal power and emergency power. Alan Dunne, managing director for UK and Ireland at Aggreko, said: “Europe’s grid modernisation plans are urgent and complex, with the ongoing shift to a decentralised, renewable-led power system demanding collaboration, new investment and on-site expertise to keep projects moving while future capacity is built. “These changes are essential for security, resilience and decarbonisation, but they create practical challenges. Large volumes of reliable power will be needed for every aspect of the transition for decades to come. Successful projects will be those with access to the right equipment and expertise.” According to the white paper, congestion and connection delays remain two of the most prominent structural barriers. Across 16 European countries, around 1,700 GW of renewable projects are currently stuck in grid queues, while curtailment could reach up to 310 TWh a year by 2040 if bottlenecks persist. To download “Breaking the Gridlock”, click here. Building, Design & Construction Magazine | The Choice of Industry Professionals