Powered by
Global built environment consultancy firm Arup has been appointed to lead the £600m redevelopment of the Shotton Paper Mill in Deeside, UK.
Skanska has signed a contract with the Defence Infrastructure Organisation to redevelop a British Army vehicle storage and maintenance facility located in the West of England, UK.
Dubai-based Damac Properties has secured a $120m bid to procure land in Surfside, Miami, Florida, US.
Dubai-based Damac Properties has secured a $120m bid to procure land in Surfside, Miami, Florida, US.
UK framework provider Pagabo has announced the appointment of 48 suppliers to the new £1.56bn civils and infrastructure framework, which will start from 1 June this year.
China Evergrande Group is exploring repayments to its offshore creditors through cash instalments and equity in two of its Hong Kong-listed units, reported Reuters, citing two sources aware of the matter.
Calgary-based Phyto Organix has executed a letter of intent to acquire 15 acres of land in Strathmore, town of Alberta in Canada, from the Western Irrigation District to build a $225m net zero emission plant protein processing facility.
Fashion company Lindex has announced its plans to build an automated omnichannel warehouse in Alingsås of Västra Götaland County, Sweden.
Transport for London (TfL) has launched the search for development partners to construct three new commercial office schemes at Bank, Paddington and Southwark.
Texas Instruments (TI) has broken ground on new 300-mm semiconductor wafer fabrication plants (fabs) in Sherman, Texas, US.
EJF Capital and Chartwell Residential have closed $67.35m construction loan from Synovus Bank to develop the first phase of a multifamily scheme at Metrocenter neighbourhood in Nashville.
Cargill has announced its plans to construct a new soybean processing facility in Pemiscot County, Missouri, US.
The Gun Lake Casino in Michigan has commenced the next phase of expansion that would see the addition of a hotel and a resort.
Wehouse, an India-based tech-powered construction aggregator platform, has raised $1m in its first funding round to expand across India.
Magellan, which develops next-generation fiber networks, has commenced the design and construction of fiber-to-the home-networks, worth over $250m.
Glytch, has announced Populous as the design architect for its planned 32 esports stadiums across America and Canada.
China’s leading real estate developer Sunac China Holdings has stated that it did not pay a dollar-bond coupon before the end of deadline on 11 May 2022 and does not think to would be able to make payments on other notes as well.
Mill Creek Residential a US-based rental housing developer, owner-operator and investment manager, has broken ground on Amavi Sherrills Ford, a master-planned community in North Carolina.
Integrated Health Projects (IHP) has been selected as the main contractor to build the National Rehabilitation Centre in the UK.
Kolo, an India-based home construction marketplace, has raised $4m in a seed funding round. Venture capital firm RTP Global and existing investor Better Capital participated in this round. The fresh injection of capital will be used to boost Kolo’s footprint, hire talent and expand its products. The firm experienced a 10X growth since its last fundraising and expanded to other cities of India including Delhi, Madhya Pradesh, and Rajasthan, reported Press Trust of India. The company was founded in 2020 by Jery Althaf, Pranav Garg, Aayush Sharda and Vivek Mittal. The start-up’s content community mobile app supports homeowners with home interior designs and get services of interior designers, architects, 3D and CAD experts, and other home construction workers such as painters. For professionals, the app helps them in creating a digital portfolio and sharing their work videos, photos and expertise with homeowners. Jery Althaf said, “Firstly, consumers want to be involved in their renovation projects given the amount of money they spend and since the decision has a lasting impact on how they live. Secondly, the influence of the media in driving transaction decisions.” Kolo raised $550K in a pre-seed funding round last September. This round was led by Better Capital and had seen participation from Singularity Ventures, and angel investors including Aldi Haryopratomo, Aakash from Jiva.ag, Sujayath from Shopup, Rajesh Sawhney from GSF, and Vir Kasyap from Babajobs, reported Inc42
With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY
World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2022 GlobalData. All rights reserved. 
