Joint administrators appointed to Torsion Construction

The company, part of property developer Torsion Group, has filed for administration after it failed to secure additional funding to support the business. The post Joint administrators appointed to Torsion Construction appeared first on Property Week.

Building Dreams: Your Guide to Successful Construction Projects

The post Building Dreams: Your Guide to Successful Construction Projects appeared first on UK Construction Blog. Every successful construction project starts the same way. With an idea. It might be a family planning their dream home. A business owner expanding into a larger space. Or a property developer transforming an empty plot into something valuable. Regardless of size, every project begins with a vision of what could be. Turning that vision […]

McLaughlin & Harvey scoops £50m City of London job

Investment manager Patrizia has awarded McLaughlin & Harvey a £50m main works contract to redevelop 108 Old Broad Street in the City of London, after securing planning permission for the scheme. The investment manager said Far East Organization, Singapore’s largest private property developer, had approved… The post McLaughlin & Harvey scoops £50m City of London job appeared first on Construction News.

Glencar wins Luton industrial scheme

Glencar has secured its third consecutive appointment with commercial property developer Hillwood.

Network Rail to take over Barking Eurohub to create logistics facility

Network Rail's property developer Platform4. will take over the east London project from L&G, paving the way for the return of regular freight services through the Channel Tunnel. The post Network Rail to take over Barking Eurohub to create logistics facility appeared first on Property Week.

FT - Evergrande: the end of China's property boom 10032022

The rapid expansion of China's property sector was powered by a great migration from the farms to the cities - and built on cheap credit. The FT tells the story of Evergrande, the most indebted property developer in the world, which now stands on the brink of collapse. It's a story that changes the outlook for China's position as the locomotive of global economic growth

FT - China Property sector woes intensify after mid-sized developer defaults, 05102021

This FT article looks at theincreasing woes of the China property sector with Fantasia missing a debt repayment and Evergrande's share trading suspended as it allegedly tries to sell some assets to another development company

Forbes - 3 Major Questions Around Evergrande's Debt And China's Economy That Remain Unanswered

In the past month, Chinese property developer Evergrande has dominated financial headlines for being over $300 billion in debt. Many media reports have made parallels to Lehman Brothers role in the 2008 financial crisis. In this episode of Money Always Talks, Forbes take a look at how things at Evergrande got this bad and what greater questions the saga raises about China's economic growth

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Newnic Homes Ltd

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