Skanska divests first phase of H2Offices in Budapest, Hungary, for approximately EUR 100M, about SEK 1.2 billion

Skanska has divested the first phase of its office complex H2Offices in Budapest, Hungary, to ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt., for approximately EUR 100M, about SEK 1.2 billion. The transaction will be recorded by…

Read MoreSkanska divests first phase of H2Offices in Budapest, Hungary, for approximately EUR 100M, about SEK 1.2 billion

The Shield Machine “CREC 1282” Exported from Italy was Used in the Construction of Fortezza-Ponte Gardena Railway Tunnel

witnessed by Italian customer representatives, the earth pressure open dual-mode shield machine “CREC 1282” developed by China Railway Engineering Equipment Group, a subsidiary of China Railway Hi-Tech Industry, was launched in Zhengzhou and will be applied to the construction of…

Read MoreThe Shield Machine “CREC 1282” Exported from Italy was Used in the Construction of Fortezza-Ponte Gardena Railway Tunnel

Balfour Beatty secures Scottish Government funding to drive innovative hydrogen retrofit project

Balfour Beatty today announces that it has become the first construction company to secure funding from the Scottish Government’s Emerging Energies Technology Fund to retrofit carbon intensive vehicles to run off both hydrogen and diesel, also known as dual fuel.…

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Lendlease and Ivanhoé Cambridge Top Out FORUM Life Science Development in Boston

$545 million project is one of the first purpose-built life science developments in Boston Landing. Lendlease and Ivanhoé Cambridge, global real estate leaders, today announced the topping out of the structural steel framing of FORUM, a nine-story, 350,000-square-foot life science development in Boston.…

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Transformative Project Begins at University of Rochester Medical Center’s Strong Memorial Hospital

Turner and Pike Construction Services Embark on the $650M Transformative Expansion Project at the University of Rochester Medical Center’s Strong Memorial Hospital Turner Construction Company and Pike Construction Services marked the commencement of the groundbreaking for the expansion project at the University…

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