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The Olympic Games spur construction on
According to commercial property consultancy, Drivers Jonas Deloitte, development activity across Greater London has risen in anticipation of the Olympic Games. The consultancy says that its latest London Residential Crane Survey (Winter 2011) highlights a 40% increase in construction activity since the same time last year.
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Forrest reports continued turnover and profit growth
Forrest, the Northern social housing regeneration specialist, has reported continued turnover and profit growth in it's full year trading update. The business said that organic growth from new and existing framework agreements had contributed to a 30 per cent growth in sales to £67 million.
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Company Watch say industry is in poor shape
Company Watch, the corporate health monitor, says it's latest research shows that almost half of the UK’s largest house building groups are in poor financial health. The watchdog says although some house builders are doing well, the outlook for other major players in the sector is bleaker.
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