News

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Largest volume of office space delivered in London since 2004 London saw more than 360,000m2 of new office space complete in the last six months, delivering the largest volume of office space in central London for 13 years. Shaun Dawson, author of the London Office Crane Survey at Deloitte, said: “The sheer volume of completed space is no surprise given the surge in development activity 18 months ago. “In total, 480,000m2 was completed in 2016 and this momentum has continued into 2017. We expect this year’s annual total delivery to be the highest since 2004.” The City continues to dominate development activity with ten new schemes totalling 176,000m2 taking the City’s construction pipeline to 760,000m2. This represents a 7% decrease, but comes on the back of a number of large Liverpool Lime Street development begins ParkerSteel has taken delivery of two heavyduty Vernet Behringer plate processing machines and two high performance Esprit plasma profiling systems. Dylan Alexander, Managing Director of ParkerSteel said: “We are very happy with our investment and are particularly impressed with the build quality and performance of the Vernet Behringer heavy duty FG 2000 machines, together with attention to detail given and the ability to accommodate our software interface and feedback requirements.” Behringer Managing Director Simon Smith added: “The FG series of heavy duty 6 NSC June 17 schemes having completed in the last six months. Nigel Shilton, managing partner at Deloitte Real Estate, added: “The decrease in overall volume of space under construction could suggest that developers have slowed down, yet this is more a result of timing and two years of elevated levels of construction completing rather than developers holding off. “Demolition levels remain high at 730,000m2, which chimes with the sentiment of our surveyed contractors who expect a rise in workload over the coming 12 months. Looking at the development pipeline, we forecast around 3.6M square metres to be delivered by 2021. Very few schemes have been cancelled, highlighting continuing developer confidence.” plate processing machines can perform various drilling (with carbide and HSS drills up to Ø 50 mm), milling, marking and deburring operations on base plates up to 2,000mm × 1,000mm × 60mm.” The closed portal machine frame is said to ensure an optimal rigidity, combined with a heavy duty feeding carriage system with grippers supporting the plate and an eight-position automatic tool changer. The low tool cost V-scoring fast scribing system is a standard feature of FG machines, and is said to ensure a fast, accurate and precise identification and layout marking. News The first sections of steelwork have started to be erected at the site of the new £39M mixed-use development at Liverpool’s Lime Street regeneration area. Main contractor ISG is working alongside Ion Development to transform this strategic site, opposite Lime Street Station, with a scheme that includes retail, leisure, student accommodation and a new Premier Inn hotel. The steelwork contractor, Billington Structures, has started to install the first sections of over 1,300t of steel that will be used on-site to create the 33m tall student accommodation and 15m tall hotel buildings. The new scheme involves 3,000m2 of ground-floor retail space accommodating a range of shops and food and drink outlets, underneath a 101-bedroom hotel with restaurant, bar and meeting room facilities. Fronting Bolton Street, there will be an 11-storey, 412-bedroom student block. The project has involved the demolition of a number of Lime Street and Bolton Street buildings, including the former Futurist Cinema which was built in 1912 and has been vacant since the early 1980s. Steel stockholder invests in new machinery One Angel Court was the first City of London tower to complete this year


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