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£300m secured for Harwell lab and office building plans

Construction Enquirer

Harwell Science and Innovation Campus has secured £300m to expand and build out new laboratory, advanced manufacturing, and office space. Jim Stretton, CFO & COO at Harwell Campus, said: “The new finance facility will be transformative for the campus.

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The Pros and Cons of an Engineering Degree In Today’s Environment

Construction Marketing

The only other industries where professionals feel more confident about their employment prospects are in finance, wholesale, and hospitality. If you’re considering an engineering degree, this will certainly spell good news come graduation: engineering and construction groups are certainly recruiting.

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World’s largest battery energy storage park approved

Construction Enquirer

Carlton Power said it was in advanced talks with companies to finance, build and operate the Trafford BESS. Last March, the Department for Energy Security & Net Zero shortlisted this £50m green hydrogen first phase to receive funding from the Government in the first Hydrogen Allocation Round (HAR1).

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Elements Europe wins Digbeth 550 rental flats

Construction Enquirer

Goodstone Living has secured more than £100m of debt financing from NatWest and Allied Irish Bank to develop Smith’s Garden Around 1140 modules needed for the project will be manufactured in Telford between November 2023 and January 2025.

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Fannie Mae Interest Rate Break on Green Building

Green Building Law Update

The exciting news in residential green building is that the Federal National Mortgage Association, commonly known as Fannie Mae, is providing incentives, including lower interest rates for multifamily properties with a green building certification. think green bonds).

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Home value increases have taken more than 1 million homes out of an “underwater” status, meaning the loans secured by the property were 25% higher than the home’s market value. Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. Economics.

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Kier whittles net debt down to £230m

Construction Enquirer

In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. reported in the prior year.

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