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November 23, 2011

Kier Construction to build postgraduate centre in UK

Country Garden Hotels Group has entered into a strategic partnership as per which several Country Garden hotel properties will be managed by Hilton primarily under its DoubleTree by Hilton and Hilton Garden Inn brands.

Kier Construction has secured a £20m contract from the University of Bedfordshire in the UK to build a five-storey building at its Luton campus.

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The global construction industry is in the process of recovering from the unprecedented disruption caused by the COVID-19 pandemic, due largely to the policies enacted to contain the spread of the virus. Although recovery is underway, there are still major risks stemming from new waves of COVID-19 infections and the reintroduction of restrictions on economic activity. Nevertheless, GlobalData predicts global construction output to grow by 5.3% this year. Global recovery in the construction industry will be far from uniform, and GlobalData’s Construction Risk Index (CRI) provides a standardized view of the country-level risks facing the construction industries in 92 major developed and emerging markets around the world. The CRI focuses on 4 key risk pillars, these being:
  • Financial risk
  • Political risk
  • Economic risk
  • Market risk
In the latest update of the CRI, the model has been adjusted so that certain elements of economic and market risk assess a country’s performance relative to its pre-Covid-19 setting, so to give the most accurate assessment. Check out our Construction Risk Index to get a complete view of the current market in the wake of COVID-19 disruptions, and best position yourself for the future.
by GlobalData
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The five-storey building will provide 4,254m2 of space, including two Harvard-style lecture theatres, a cafe, quiet study areas and a student lounge, and will contain state-of-the art IT and audiovisual equipment.

The new facility will feature minimal carbon emissions and is targeting a BREEAM Excellent rating.

The building is scheduled to open in February 2013.

Related Companies

Free Report
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Assess the market with our Construction Risk Index (CRI)

The global construction industry is in the process of recovering from the unprecedented disruption caused by the COVID-19 pandemic, due largely to the policies enacted to contain the spread of the virus. Although recovery is underway, there are still major risks stemming from new waves of COVID-19 infections and the reintroduction of restrictions on economic activity. Nevertheless, GlobalData predicts global construction output to grow by 5.3% this year. Global recovery in the construction industry will be far from uniform, and GlobalData’s Construction Risk Index (CRI) provides a standardized view of the country-level risks facing the construction industries in 92 major developed and emerging markets around the world. The CRI focuses on 4 key risk pillars, these being:
  • Financial risk
  • Political risk
  • Economic risk
  • Market risk
In the latest update of the CRI, the model has been adjusted so that certain elements of economic and market risk assess a country’s performance relative to its pre-Covid-19 setting, so to give the most accurate assessment. Check out our Construction Risk Index to get a complete view of the current market in the wake of COVID-19 disruptions, and best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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