Nathan Pearce-Evans’ Post

🗣 “There are challenges to [making a better margin], getting the right blend of contract terms being one. A lot of clients are sensible about contract terms and we try and align ourselves to those customers.” That’s the view from Build UK’s Vice Chair Paul Brown, from John Sisk & Son, who shares his thoughts on the challenges facing the construction industry and the need for an appropriate level of risk transfer. Build UK’s recommendation on contract terms identifies six contract terms that should be avoided in order to promote collaboration and realise better project outcomes. Read our guidance on implementing these recommendations, which sets out how to manage underlying issues in a more collaborative way, with specific guidance for both JCT and NEC contracts 👇 https://bit.ly/409DwCv

Last week, Maxwell Scully attended the Place North West Greater Manchester Development Update. 🏗️ Exciting projects are on the horizon for areas like Holt Town, Strangeways, and the Northern Quarter, with prominent schemes set to transform these parts of the city. 🏙️ Stay tuned as we keep you updated on the developments shaping Manchester's future. #RothmoreProperty #Manchester #PropertyInvestment

We have advised long standing client London Legacy Development Corporation (LLDC) on the formation of a joint venture partnership with Vistry Group for the phased delivery of a new residential and commercial neighbourhood, including the delivery of 948 new homes, at Pudding Mill Lane, Stratford. The scheme, which will be 45% affordable new homes and include 30,000 sq m of non-residential floor space to accommodate a mix of workspace, retail, community and leisure uses, will further energise Queen Elizabeth Olympic Park's already thriving Innovation Cluster and world-leading Knowledge, Culture and Education District. The deal team was led by David Rosen and Carolyn Milligan, with involvement of a broad cross-practice team, including real estate, corporate, planning, construction, tax, procurement and public law including support from Nichola Johnson, Haleema Ishaq, Holly Badi, Chloe Taylor, Matthew Bool, Lauren Renga (née Hutchison), Matthew White, Martyn Jarvis, Ben Hazenberg, Ruby Plumb, Eva Barbosa, Casey Dalton, Graham Crocker, Adrian Brown and Morris Schonberg. For more information on the deal, please see here: https://lnkd.in/eQc99df6 #realassets #HSFrealestate #realestate

We are going to sell 20 if these types of buildings in the next 2 years (4 on market now) - it is an amazing opportunity to buy buildings at scale with low expense growth (2A) and significant rental upside (Bushwick). Plus, we've seen 2 rate drops from Agency lenders in the last 3 weeks. Purchase these buildings at historically high cap rates and let the market do the rest!! Call / text me if you believe in this simple but effective strategy - 914-584-7422 828 Hart Street - Asking $3,950,000 (6%+ Cap) INVESTMENT HIGHLIGHTS: - 100% Occupied and 100% Collections with a real NOI of $237,000 - Recent Agency Debt quotes at 6.1% with option to buy down to 5.6% - Hart Street off Knickerbocker Ave, one block to Bushwick Park - Top to bottom substantial renovation offering turnkey management - 100% free market and tax protected - rent growth outpaces expenses - Perfect bedroom to bathroom ratio, with each bedroom has its own bath - Historically high Cap Rate - 20% Discount on 10 year average - L train access to Williamsburg and Union Square - Google "Bushwick Restaurants near 828 Hart" :) COLLECTED RENT ROLL: 1L - 3 BR / 3 BTH Duplex - $4,950 1R - 2 BR / 1.5 BTH Duplex - $3,500 2L - 3 BR / 3 BTH - $3,900 2R - 3 BR / 3 BTH - $3,900 3L - 3 BR / 3 BTH - $4,000 3R- 3 BR / 3 BTH - $4,050 Total Gross - $291,600 Expenses - $53,750 NOI - $237,000 Download Setup - https://lnkd.in/gvKP4fDN Rental Listings - https://lnkd.in/gb86Y3Tx Data Room with Plans - https://lnkd.in/gW4by6rM Team: Bryan Kirk Robert W. Moore Henry Hill Jermaine Pugh H. Michael Chardack Evan Kashanian William Cheng Bobby Lawrence

🏆 Galliford Try Tops Monthly Contracts League The company's major win was the £135m Wigan Galleries town centre redevelopment project. It also secured the second phase of the Dolphin Square Restoration Project in central London, a large 1930s-built residential complex in Pimlico. Developer/contractor S1 Developments ranked second, with a significant residential project to deliver the southern expansion of Edinburgh Park in the Scottish capital for developer Parabola. In the 12-month rolling league of work won, Morgan Sindall continues to lead the chasing pack. However, second-placed Kier is closing in as the two contractors battle to be crowned the winner for 2024. According to data compiled by Barbour ABI, the value of projects secured by the leading 50 contractors fell sharply in November to £2.1bn, down from £3.4bn in October and £4.4bn in September. #Construction

Leeds South West

Its about time Manchester United invested in their infrastructure, being "one of the biggest clubs in the world" we have fallen well behind our competition in every sense. Its seems that INEOS have the right #mindset to get this great club back where it belongs 🥇 🧠 Mindset is a critical determinant in life’s challenges, opportunities, and experiences. Remember that a growth mindset fosters resilience, continuous learning, adaptability, higher achievement, positive relationships, and better health, all of which contribute to personal and professional growth and development. MINDSET is key in every walk of life. #mindset #growth #achievement #progression

New Property added to LRP Portfolio...

A global hub, a sister city, and a “big city with a small-town feel,” Chicago’s essence remains unshakable. The 6-time champions city. The ‘85 Bears city. The 2005 World Series Champs city. The city that broke a century-old curse. The Stanley Cup city. 4-time MLS Champs town. The WNBA champions city. Chicago is a city of champions with a winning mentality. How do we sustain that mentality? How do we continue to succeed? We succeed by uniting to focus on what truly matters to our residents and by making Chicago a city people aspire to call home. Whether they come from another city, state, or country, Chicago should continue to be a beacon for those striving to build a better life for themselves and their families. With its abundant fresh water, vibrant air and rail system, remarkable architecture, rich art and culture, and ample green spaces, Chicago’s strengths far outweigh its challenges. Yet, our challenges offer us a unique opportunity to come together and find solutions. How can we do it? By focusing on fixing the fundamentals. Link in comments. 👇

Homes England has taken several big leaps this year to radically enhance how it works with local leaders and places - to deliver new homes and vibrant communities. Our Strategic Place Partnerships (SPPs), which are included as part of the Devolution White Paper - published on Monday, show how the Agency is creating long term partnerships to deliver local areas housing and regeneration priorities. We’re looking forward to both expand and deepen these SPPs in 2025. #WeAreHomesEngland #regeneration #housing #homes #socialvalue