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Housebuilding

Published April 3, 2014 at 460 × 276 in Housebuilding boosts construction sector to best levels since 2007
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OCS to acquire EMCOR UK

EMCOR Group, Inc. has entered into a definitive agreement to sell EMCOR Group (UK) plc, the Company’s United Kingdom building services segment, to OCS Group UK Limited, for a total enterprise value of approximately £190 million ($255 million). The transaction was unanimously approved by the boards of directors of both companies and is expected to close by the end of 2025, subject to UK National Security and Investment (NSIA) clearance. Commenting on the acquisition, Tony Guzzi, Chairman, President and Chief Executive Officer of EMCOR said: “With the sale of EMCOR UK, we are accelerating our ‘local execution, national reach’ strategy to [...]

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Thousands more construction workers needed to meet housing targets

An estimated extra 140,000 construction workers would be needed for each of the next five years to help retrofit all social and private homes under the government’s Warm Homes Plan, the BBC has learned. In its manifesto, Labour committed to insulating and upgrading five million homes, external over the next five years to cut bills for families and slash fuel poverty. The Construction Industry Training Board’s (CITB) scenarios also estimate 61,000 new workers each year would be needed to meet the government’s target of 1.5 million new homes by 2030. The government said it was investing £600m to create up to 60,000 more engineers, [...]

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JLL appoints former Rugby World Cup winner Matt Dawson

Real estate firm JLL has appointed former England Rugby World Cup winner Matt Dawson as executive director, strategic clients. Dawson will join the firm’s EMEA Work Dynamics Board and will execute account strategies for JLL’s portfolio of high-value clients, build C-suite level relationships with key decision-makers and identify cross-selling opportunities within JLL’s comprehensive service portfolio across EMEA.  Best known for his pivotal role in England’s 2003 Rugby World Cup victory, Dawson has subsequently transitioned from sports into business and media.  Since 2010, he has served as an ambassador for Sodexo, where he worked across multiple business segments, supporting client engagement [...]

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