Multiplex set for Japanese ownership in £490m sale

Brookfield has agreed to sell Multiplex to contractor Obayashi Corporation,  Japan's second-largest construction firm, for $650m (£492m). The deal includes about $530m in cash and an earn-out linked to the future performance of the business. Toronto-headquartered Brookfield Business Corporation said that, subject to regulatory approval,… The post Multiplex set for Japanese ownership in £490m sale appeared first on Construction News.

SPPARC narrowly gets go-ahead for Camden film studio in face of opposition

The Architects’ Journal SPPARC narrowly gets go-ahead for Camden film studio in face of opposition SPPARC has won approval for the controversial Camden Film Quarter proposal, which scraped through Camden’s planning committee by just one vote The post SPPARC narrowly gets go-ahead for Camden film studio in face of opposition appeared first on The Architects’ Journal Josh Butler

Winvic lands £130m Leeds build-to-rent tower job

Winvic has secured a £130m contract to deliver a 578-home build-to-rent development in Leeds city centre after the scheme received gateway two approval from the Building Safety Regulator. The contractor was appointed by Lisbon Street Developments, a joint venture between Marrico Asset Management and Helios… The post Winvic lands £130m Leeds build-to-rent tower job appeared first on Construction News.

Buttress gets green light for housing on site of demolished Stirling Prize winner

The Architects’ Journal Buttress gets green light for housing on site of demolished Stirling Prize winner Buttress Architects has won approval for 263 homes on the site of the first-ever RIBA Stirling Prize winner – Hodder Associates’ Centenary Building for the University of Salford – which was demolished last year The post Buttress gets green light for housing on site of demolished Stirling Prize winner appeared first on The Architects’ Journal Ian Weinfass

Leeds build-to-rent scheme passes Gateway 2

Winvic will deliver a new £130m build-to-rent project in Leeds for Marrico Asset Management and Helios Real Estate joint venture Lisbon Street Developments Limited, after the 578 apartment scheme received Gateway 2 approval.

Why do façade shop drawing mismatches still happen after BIM clash detection approval?