Peel submits improved £600m offer for Harworth Group

The increase offer from its initial £583m proposal represents a 40% premium to Harworth's three-month average share price, Peel said. The post Peel submits improved £600m offer for Harworth Group appeared first on Property Week.

Materials Prices Continued Rising in August

Copper, steel are among the materials with the highest price hikes.

Peel pushes case for Harworth takeover despite previous rejection

The new offer represents a 36.9% premium to the company’s one-month volume-weighted average share price and a 36% premium to its three-month equivalent. The post Peel pushes case for Harworth takeover despite previous rejection appeared first on Property Week.

Collapsed cladding firm’s directors ‘owe liquidators £600k’

The directors of a collapsed construction cladding firm have been asked to repay more than £600,000 following an investigation into transactions made before its collapse. M Price Group Ltd’s two directors have been sent a solicitors’ letter after insolvency specialist Seneca IP said they failed… The post Collapsed cladding firm’s directors ‘owe liquidators £600k’ appeared first on Construction News.

Construction costs rose 7.4% annually in July

Contractors will still likely face additional input price jumps in the months ahead, especially as fuel and other materials prices swell, according to economists.

YFTB: Case Study 2 - Little Experience with No Capital

YFTB - Development Lending, Little Experience with No Capital.

Should we award the contract to the subcontractor with the lowest price, even though their previous safety record on our projects is poor