London Area

New Trade Jobs as Kwoks set to roll in £300m deal

A £300 million development programme, part of an ambitious £8 billion residential scheme for London, is set to start in next year following an agreement between developers.

Capital and Counties Properties (Capco) today finalised the deal with Hong Kong developers, the Kwok family, to build 800 new homes around Seagrave Road in central London.

The investment is set to bring thousands of new trade jobs for the construction industry and encourage economic growth.

Proposals include building new offices, leisure and retail space as well as a new primary school, library and open public areas. The project will include 200 affordable homes that will be offered to tenants in nearby estates.

Ian Hawksworth, Chief Executive of Capco said: “We are pleased to have completed our joint venture agreement in relation to the Seagrave Road project and look forward to starting on site in 2013 to create this exciting new residential quarter for London.”

In accordance with the conditional agreement reached in December 2011, Capco received cash consideration of approximately £67 million from the Kwok family for the 50 per cent interest in the development, which includes the Seagrave Road site and other adjacent assets.

Londýnska polícia varuje pred podvodnými vstupenkami

The following is a warning in the Slovak language about ticket fraud at the 2012 Olympic – stay safe when buying tickets

V súvislosti s blížiacimi sa Olympijskými a Paraolympijskými hrami v Londýne, britská polícia zaznamenala nárast počtu podvodov pri predaji vstupeniek. Aby sme mohli slovenským návštevníkom hier pomáhať a chrániť ich pred podvodmi aj v zahraničí, informoval nás o tom policajný pridelenec v Londýne.
Britský kolegovia nám poskytli niekoľko podvodných internetových adries, kde neodporúčajú vstupenky na Olympijské hry zakúpiť.

Tu je ich prehľad:
www.euroteam.net
www.tixnet.com
www.olympicticket.info
www.euroteam.info
www.euroteamtickets.com
www.2012tickets.org
www.londonsummergames.net
www.londonsummergames.org
www.euroteam.travel
www.worldticketservice.net

Britská polícia upozorňuje, že jediným bezpečným spôsobom ako je možné lístok cez internet zakúpiť je na adrese: www.tickets.london2012.com alebo cez príslušný olympijský výbor ( respektíve jeho zmluvného partnera).
Zároveň dávame do pozornosti aj užitočné informácie, o ktorých sme verejnosť informovali ešte v máji tohto roku: http://www.minv.sk/?tlacove-spravy-2&sprava=pri-vstupe-do-velkej-britanie-sa-na-niektorych-letiskach-zdrzite .

More Construction Jobs In London

Barratt London and L&Q sign major partnership to redevelop Fulham Wharf

Barratt London have announced that, in partnership with L&Q, it has acquired an 8.5 acre site in Fulham from Sainsbury plc. The site, which is on the north bank of the Thames, has a gross development value of £420m with planning permission for 463 riverside apartments and a new Sainsbury’s supermarket.

This is the third major JV Barratt is undertaking in conjunction with L&Q in London which in total will supply more than 1,000 homes in the Capital. Fulham Wharf follows on from the 50/50 JVs at the Ashburton regeneration project adjacent to the Emirates stadium in North London, and the 27 story Alie Street project on the eastern edge of the City.

The Fulham site has been bought on an unconditional basis with planning permission. In addition to the supermarket and housing, it will include restaurants, cafes and bars, a crèche, a gym, landscaped gardens, a riverside walk and the use of a jetty to create an ecological area for riverside wildlife.

The development will be delivered in two phases with phase one comprising the construction of the new 9,395m2 supermarket for Sainsbury’s together with 267 residential units of which 52 will be shared ownership. The residential blocks wrap around the new supermarket as well as extending above the building and range from 2-17 storeys. Phase two comprises the demolition of the existing superstore and the construction of 196 units, including 14 social rented homes.

Alastair Baird, Regional Managing Director of Barratt London said: “We are delighted to have secured this high profile project on the west London water front. Barratt has a strong track record of delivering complex London schemes including Dalston Junction and Canada Water and this gave us a strong competitive advantage. Our London portfolio is expanding fast – we now have over 3,000 units under construction across the Capital in 17 boroughs providing homes ranging from £120,000 to £3.5m.”

Jerome Geoghegan, Group Director of Development and Sales at L&Q, said: “We are delighted to be working in partnership with Barratt London. We are now working together on three high profile sites that will deliver over 1000 new homes across the Capital.”

The scheme has been designed by Lifschutz Davidson Sandilands and construction is scheduled to start this month.

Barratt London is now working on 21 sites across London including Maple Quays at Canada Water, Queensland Road, Arsenal and the Court House in Westminster.

More than 46,000 jobs London 2012 construction project

Building, Engineering and Construction work of the Olympic Park for London 2012 has raised the public profile of the industry, helping millions of people in Britain to appreciate the importance of civil engineering to society, a survey by a leading engineering body revealed today.

A new survey published by the Institution of Civil Engineers (ICE) showed that over half of the public (53%) no longer just think about bridges when they think of civil engineering in the light of the London 2012 Olympic Games.

Nearly half of the 2, 000 people who took part in the ComRes survey  said they would consider civil engineering to be a ‘respected’ profession, alongside jobs such as lawyers and teachers.

More than 46,000 jobs have been created as a result of the London 2012 construction project. Post-Olympic work, taking place just after the closing ceremony next month, is expected to create thousands of extra new jobs.

The successful delivery of the £7-billion worth Olympic infrastructure has raised the public profile of civil engineers and people working in the trades.

45% of the people who participated in the survey say they would consider civil engineering to be a ‘respected’ profession, alongside jobs such as lawyers and teachers. Over a third (38%) of the participants said they would encourage their children to pursue a career in civil engineering.

ICE President Richard Coackley said: “Our day-to-day lives depend on the infrastructure around us that is designed, built and maintained by civil engineers – from roads, railways and bridges to energy, water and waste networks.

“It forms the backbone of society and the economy. But unfortunately it is often only when things go wrong that the work of civil engineers is thrust into the media spotlight.

“The London 2012 Games have changed this – showcasing and celebrating the work of these often ‘unsung heroes’ while at the same time helping the public understand more about what civil engineers do and what a diverse and exciting career it is.

“If anything could excite and inspire young people to pursue civil engineering as a career it’s the Olympic and Paralympic Games – a true feat of engineering in every sense.”

More Construction JOBS in South East England

One of the largest providers of affordable housing in the South of England, Sovereign Housing Association, has announced it will build more than 3, 000 new homes over the next four years, paving the way for jobs in the building construction industry.

The ambitious plan will see 1, 064 new homes built by the end of this financial year, 865 of which have been already identified, the housing association confirmed last week. Under Sovereign’s new development strategy at least 276 of the new homes will be for affordable home ownership, forecasting a similar number of homes to be completed in 2013/14.

Development and Commercial Director at Sovereign, Phil Stephens, said: “The top priorities of our development strategy are to ensure that we deliver the HCA Affordable Homes Programme and to play our part in achieving Sovereign’s aim of reaching 50,000 homes by 2015,”

“Our recent successful bond issue has given us the financial strength and flexibility to continue delivering a substantial programme of new homes in our core operating areas in the coming years.”- added Mr Stephens.

It was revealed that Sovereign’s development will include a significant number of shared ownership homes as well as a growing number of market rent properties in key locations.

Mr Stephens commented that there is a definite gap in the market rent properties due to the rising demand from people unable to buy their own homes.

He said: “We will be looking to build on the positive experiences we have had so far letting homes at market rates in the West Country, and not only develop a broader portfolio of properties, but also diversify our revenue streams to enable us to continue providing affordable homes into the future.”