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Concrete Coating Market is Expected to Grow at a CAGR of 7.3% During the Forecast Period to Reach $33.19 Billion by 2022

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The study of the global concrete coating market provides market size information and market trends along with the factors and parameters impacting the market in both short- and long-term. The study ensures a 360 view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for future business. In1 Posted via Industry Today. Follow us on Twitter @IndustryToday Continue Reading

World Heavy Construction Equipment Market 2017 Share, Trends, Growth Factor, Opportunities, Analysis and Forecast to 2025

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The Insight Partners added “Heavy Construction Equipment Market to 2025 – Global Analysis and Forecasts by Type (Road Rollers, Excavators, Graders, ADT, Loaders, and Forklifts); Application (Mining, Excavation, Earthmoving, Lifting, Material Handling and Transportation); and Industry (Construction, Oil & Gas, Mining, Manufacturing and Others)” to its research database. The report is spread 1 Posted via Industry Today. Follow us on Twitter @IndustryToday Continue Reading

Carillion collapse hits 2018 commercial property lending

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The collapse of Carillion is being blamed for a unexpected 4% fall in lending to the commercial property sector in January to £4.1bn.

Lendy, one of Europe’s leading peer- to-peer secured property lending platforms, said construction would typically sees an increase in lending and investment in-between December and January as new commercial building projects began for the New Year rather than this year’s fall.

It blamed the collapse of Carillion for spreading nervousness among many mainstream lenders to property and construction.

It said there was a particular concern about whether smaller construction firms, whose main client was Carillion, would be able to stay in business.

Some traditional lenders have also seen their loan books severely affected by Carillion’s collapse, with Lloyds commercial banking writing off £108m of loans to the failed group.

Santander tripled its impairment costs in 2017 to £203m, citing bad loans made to Carillion.

Liam Brooke, co-founder of Lendy, said: “The unexpected fall in lending highlights just how big an impact Carillion has had on the commercial property industry.”

“Lenders who have had to deal with heavy losses following Carillion’s collapse may think twice before giving loans for some future commercial real estate projects.”

“However, the fundamentals of the construction sector remain strong, and the decline in lending from traditional sources, creates opportunities for non-traditional lenders to enter the marketplace.”

“There are still numerous opportunities for lenders, both traditional and non-traditional to get involved in good, financially sound construction projects.”

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PSH. forms new leadership team to position business for exponential growth

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Leading engineering consultancy PSH. has promoted four of its team to director roles as part of a re-structure as the firm lays foundations ahead of its ambitious growth plans for the next five years.

Ian Law and Andrew Haskins have been promoted to directors for the Mechanical team. Charlie Cross becomes director for Electrical, and Mark Whitfield is now director of Project Management. Photographs of the newly promoted directors can be downloaded here.

PSH, provides specialist mechanical, engineering and plumbing (MEP) services to the real estate and construction industry. Its current clients include Centrica, Crosstree, Legal & General, GLH Hotels, Marriot International, Cadogan Estates, Quintain and Rockwell. Over the last 15 years PSH. has enjoyed rapid expansion and now includes more than 30 professional members of staff across its offices in London and Wokingham.

Peter Scholes, Managing Director, PSH. said: “PSH. has an established reputation across the property sector as a highly recommended and trusted MEP building services expert. With the skills and experience of Ian, Andrew, Charlie and Mark behind them, our highly skilled teams will continue to work with some of the biggest players in the real estate sector, across all different areas of the market.”

PSH. has increased its annual turnover year-on-year since launch in 2003 and has ambitious growth plans over the next five years. The initial stage of this includes establishing a new leadership team with sector and services specialisms.

Peter Scholes, said: “PSH. has worked hard to build an experienced and professional team, with unrivalled market knowledge and sector experience. We have an excellent track record of repeat business and our client list includes some of the very best names operating in the sector today. The re-structure will enable us to develop a more agile approach across the company as we grow, giving our clients an even better service.”

PSH. provides full MEP building services, as well as offering sustainability, vertical transportation, BIM, fire services and acoustics advice to developers, consultants and contractors across all sectors of the property and construction industry.

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