Australian engineers say they can make concrete nearly 30% stronger by incorporating processed coffee grounds into the material
In an idea that fittingly arose over a cup of coffee, researchers have devised a technique to recycle used coffee grounds to make stronger concrete.
Engineers at RMIT University say they have developed a way to make concrete nearly 30% stronger by incorporating processed coffee grounds into the material.
Continue reading...ATE Farms and associated firms attracted dozens of complaints before pub burned down in Staffordshire
The new owners of the Crooked House pub in Staffordshire, which was burned down in a fire and subsequently demolished, have angered local people in a series of other redevelopment plans across the Midlands.
Planning documents reveal ATE Farms, which bought the Crooked House from Marston’s brewery in July, and its associated companies have attracted dozens of complaints over plans that include building a solar farm and holiday lodges in the countryside, and redeveloping a village pub.
Continue reading...M&S says ‘short-sighted act of self-sabotage’ leaves no choice but to review position on UK’s premier shopping street
Marks & Spencer has been refused permission to demolish and rebuild its main store on Oxford Street in the West End of London in a win for campaigners concerned about the carbon footprint of redevelopment.
The Department for Levelling Up, Housing and Communities confirmed that Michael Gove, the secretary of state, disagreed with the recommendation from inspectors to approve the plans and had “decided to refuse permission”.
Continue reading...Bricklayers and other construction jobs added to list alongside care workers and engineers
Bricklayers, plasterers and other construction jobs have been added to the government’s “shortage occupation list”, making it easier for foreign builders to come to Britain amid labour shortages partly caused by Brexit.
The UK government has relaxed visa restrictions for a number of sectors that face severe worker shortages, and has added bricklayers and masons; roofers, roof tilers and slaters; carpenters and joiners; plasterers and other construction workers to the list. Fishing jobs have also been added to the list.
Continue reading...Administrator appointed to Toplace a month after arrest warrant issued for Nassif
A major Sydney development firm owned by accused fraudster and fugitive Jean Nassif has gone into administration.
Records filed with the Australian Securities and Investment Commission show an administrator was appointed to his company, Toplace Pty Ltd, on Monday.
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Continue reading...Residents will no doubt have to pay a price for their authority’s risk taking and subsequent bankruptcy
Winning in the rollercoaster business of commercial property development is hard. Look at the share prices of the two FTSE 100 titans, regarded as the most diversified and solid operators in the sector. Since the financial crisis of 2008-09, which caused commercial property prices to crater, Landsec’s shares have been as low as 350p and as high as £13 and are currently 626p. British Land’s trajectory is similar.
Their investors collect dividends (most of the time), largely funded from rental income, but they also know that the value of the assets can be volatile. Less diversified firms have done much worse. Intu, a former shopping centre giant, collapsed in 2020 and an air of financial crisis has hovered over Hammerson for years. This is territory for conservative financing and strong risk-management safeguards.
Continue reading...Work on residential building sites slips in May to weakest level since 2009
Britain’s housebuilders are cutting back on the construction of new homes amid signs that potential buyers are being spooked by the prospect of increases in mortgage rates over the coming months.
The latest report on the construction sector found that work on residential building sites slipped in May to the weakest level since 2009, apart from when sites were locked down during the Covid pandemic.
Continue reading...Carla White’s battle has shone a light on city’s lack of affordable new housing for those on low incomes
A single tenant in a Montreal apartment block has halted a multimillion-dollar development project in a standoff that has focused fresh attention on the lack of affordable housing in major Canadian cities.
Property developer Mondev has been trying for years to persuade Carla White to move from her small C$400-a-month (£238) apartment so it can demolish a row of mostly abandoned buildings and build 176 luxury apartments.
Continue reading...New report shows average households are spending a third of income on rent while lower income families pay more than half their earnings
Australian rental affordability has dropped to its worst levels in nearly a decade, with the average household spending a third of its income on rent, as the impacts of the Covid pandemic continue to be felt on the market.
Lower income households pay even more, with more than half of their income going towards their rent, according to new research from ANZ and CoreLogic.
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Continue reading...Two-storey development south-east of Brisbane at the centre of legal battle amid a housing crisis across the state
A legal stoush has broken out between a disability accommodation developer and a suburban Queensland council over a two-storey project and whether it deserves to be fast-tracked amid a housing crisis across the state.
Disability Homes Investments (DHI) said it is developing the property to house people with disabilities on a quiet street in Cleveland, south-east of Brisbane.
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Continue reading...Grant Thornton hopes to finalise discussions about solutions for parts of the builder in the next week
Liquidators for the collapsed construction company Porter Davis say they have rejected approaches from potential buyers, leaving the construction of 1,700 dwellings in limbo.
The announcement is the latest blow for thousands of customers of one of Australia’s largest homebuilders, which collapsed less than two weeks ago after it was unable to find a financial backer to fill a $20m funding hole amid pandemic-induced rising construction costs.
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Continue reading...Experts say developers deterred by changes to planning system brought in by successive Tory governments
Planning applications in England have fallen to their lowest level in at least 16 years, according to figures published this week by the levelling up department that highlight the scale of the country’s housing crisis.
Local authorities received fewer applications to build new buildings or improve old ones in 2022 than at any point since before 2006, the earliest year for which the government provides statistics.
Continue reading...Tests show recycled concrete could safely be used in new buildings in war- and quake-stricken country
Concrete rubble from destroyed buildings in Syria can be safely recycled into new concrete, scientists have shown, which will make the rebuilding of the war-hit country faster, cheaper and greener.
Syria, which was also hit by a huge earthquake in February, has a vast amount of concrete rubble, estimated at 40m tonnes. The key barrier to recycling this waste is ensuring that the new concrete is as strong and safe as conventional concrete.
Continue reading...Another construction firm specialising in government projects has gone into voluntary administration
One of Australia’s largest home builders Porter Davis has collapsed and construction firm Lloyd Group has gone into voluntary administration in a hit to the sector.
Grant Thornton Partners confirmed it had been appointed liquidators of the Porter Davis Homes Group, covering 14 companies.
Continue reading...DfT document appears to undermine ministers’ claims, saying jobs are likely to go and construction firms could be at risk
An internal Department for Transport briefing on the HS2 project has admitted delays to the high-speed railway will increase costs, appearing to undermine ministers’ claims.
The document seen by the Guardian says the decision to delay the project is also likely to cost jobs, put construction firms at risk of going into administration and that the department could face compensation claims.
Continue reading...Country Garden’s 2022 forecast is another blow for country’s embattled sector
China’s top property developer expects to record a loss in 2022 – its first since the company went public in 2007 – in another blow for the country’s embattled property sector.
In a filing to the Hong Kong stock exchange, Country Garden said that the losses for 2022 would amount to between 5.5bn yuan and 7.5bn yuan (£663.6m-£904.9m). In 2021 Country Garden’s profits reached 26.8bn yuan.
Continue reading...Heritage and property groups outline plan to boost energy efficiency at historical sites to create jobs, cut emissions and meet net-zero targets
Retrofitting the UK’s historicsl buildings, from Georgian townhouses to the mills and factories that kickstarted the Industrial Revolution, could generate £35bn of economic output a year, create jobs and play a crucial role in achieving climate targets, research has found.
Improving the energy efficiency of historical properties – those built before 1919 – could reduce carbon emissions from the UK’s buildings by 5% each year and make older homes warmer and cheaper to run, according to a report commissioned by the National Trust, Historic England and leading property organisations.
Continue reading...Court hears allegations against Ashlyn Nassif, 27, relate to Skyview development in Castle Hill
Ashlyn Nassif, the daughter of Jean Nassif, a Sydney property developer has been released on bail after she was arrested by the New South Wales organised crime squad as part of a major fraud investigation into a controversial multimillion development in the city’s north-west.
Nassif, 27, appeared in the Downing Centre local court on Wednesday to apply for bail after spending the night in prison after a series of raids across Sydney.
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Continue reading...Home Builders Federation warns planning policy changes will result in government meeting less than half its annual target
Housebuilding in England is due to fall to its lowest level since the second world war, according to an analysis by the Home Builders Federation (HBF), owing to a range of government policies that threaten to dramatically slow development.
The study says the supply of new housing is likely to fall below 120,000 homes annually over the coming years, less than half of the government’s target, as a result of changes to planning policy and what developers say is over-strict enforcement of environmental regulations.
Continue reading...Large estate agent chain’s profits also hit as interest rate rises and cost of living crisis put off potential buyers
Shares in one of the UK’s biggest estate agent chains and some of the largest British housebuilders fell on Friday, amid the latest warnings about the outlook for the housing market, as potential homebuyers are squeezed by rising interest rates and the cost of living crisis.
The share price of LSL Property Services, one of the UK’s largest estate agent chains, tumbled by as much as 11% after it warned on profits for the second half of the year and said conditions in the housing market had become more challenging than anticipated.
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