Latest news with #BREEAM
Daily Record
a day ago
- Business
- Daily Record
Two new business units at former contaminated Shawfield site now complete
They were completed 'on time and on budget' after a funding boost from the Scottish Government. A pair of new business units have been completed at the former contaminated Shawfield site. The high-value manufacturing industrial units have been built on formerly contaminated land which had been described as one of the most polluted inner-city locations in the UK. They were completed 'on time and on budget' after a funding boost from the Scottish Government. Named Innovation Shawfield, the South Lanarkshire development was visited by the Scottish Government Investment Minister, Tom Arthur on May 27, to inspect the newly-finished commercial spaces that form the first phase of a new £500 million regeneration programme called 'Clyde Gateway Innovation'. Innovation Shawfield has been jointly funded by the UK Government, Scottish Government, Scottish Enterprise and Clyde Gateway, with additional funding for further infrastructure works also being provided by South Lanarkshire Council. The works are spearheaded by Clyde Gateway, Scotland's largest regeneration project, which in addition to the construction of the two new units, also includes further site acquisition and remediation works as well as the treatment of contaminants from the old chemical works near the Polmadie Burn. The site has been remediated over a number of years, transforming derelict land that had otherwise lain empty for decades, into an area of investment, growth, opportunity and job creation. It was built on the former J&J Whites Chemical plant, also known as Shawfield Chemical Works, which operated from 1820 to 1967 and at one point produced up to 70 per cent of the UK's chromate products. This activity generated significant volumes of hazardous chromium waste, which continues to be remediated by Clyde Gateway. Remediation works initially commenced in Shawfield in 2013, which led to the construction of 'Red Tree Magenta', a 40,000sq. ft managed office building, which opened in December 2018 and now supports 21 companies and over 180 jobs. This latest £8.75m project is part of a £25m investment programme currently underway on site, which includes a £14.6m contribution in November 2023 from the UK Government (formerly Levelling Up Funding Round 3), £1.2m from Scottish Enterprise and £7.5m from The Scottish Government, with Clyde Gateway and South Lanarkshire Council contributing the remainder. The two industrial units, totalling 2700m2 (29,000sq. ft), received planning permission in March 2024 and have been constructed by Heron Bros. Designed to achieve BREEAM 'Excellent' status in addition to exemplary ESG credentials, they are designed for high-value manufacturing (HVM) use. Mr Arthur said: 'Our significant investment in this project has helped to remove toxic chemicals from the former Shawfield Chemical Works site and transform it into a thriving hub for businesses. 'The completion of these works is welcome news for Glasgow and Rutherglen, creating up to 90 permanent jobs and ultimately reducing pollution in the River Clyde. 'To benefit people throughout Scotland, we are providing £62.15 million for regeneration projects in 2025/26. This will revitalise green spaces, town centres and derelict sites across the country.' Martin McKay, chief executive of Clyde Gateway, said: 'Remediating this land not only removes an eyesore from the local community, it will also bring jobs and economic activity well into the future. Clyde Gateway has remediated the equivalent of over 400 football pitches since our inception and this work has transformed the areas of Rutherglen, Dalmarnock and Bridgeton, with new housing, green spaces and businesses now filling what was dead space. 'With the help of funding from our partners, including the Scottish and UK Governments, we have been able to create these new spaces on time and on budget. This development forms part of our £500m vision for Clyde Gateway that will establish the area as a hub for innovation, green jobs and advanced manufacturing, bringing new homes, hotels and employment opportunities.'
Business News Wales
a day ago
- General
- Business News Wales
New School Build Achieves Record-Breaking BREEAM Score
Sustainability consultancy RedSix, in collaboration with Wynne Construction and Ceredigion County Council, has achieved the highest-ever BREEAM 2018 New Construction (Education) rating in the UK. Aeron Valley School in Felinfach has officially been awarded an Outstanding BREEAM rating of 93.69%, setting a new benchmark for sustainable education buildings nationwide. The project, a 2,457m² new-build school delivered under the BREEAM 2018 New Construction fully fitted (FF) education scheme, reflects the forward-thinking sustainability ambitions of Ceredigion County Council and Wynne Construction, RedSix said. RedSix acted as both BREEAM Assessor and Advisory Professional (AP) throughout the project lifecycle. 'From the very first design discussions, we knew this project had the potential to set a new standard,' said Gareth Davies, Managing Director of RedSix. 'It's a testament to what's possible when sustainability is embedded from day one, with full collaboration from all stakeholders.' Regular AP site visits, close coordination and a shared vision for net-zero performance helped the team meet stringent BREEAM criteria – including key credits under Ene01 and Ene04. The school incorporates air source heat pumps and solar panels, providing a low-carbon, future-proof solution for the region. Richard Wynne of Wynne Construction added: 'We are incredibly proud to have played a part in achieving this landmark rating. The result of this achievement is a reflection of the collaborative approach by the project team. This school is not just a building – it's a symbol of sustainable progress for future generations.'
Hospitality Net
2 days ago
- Business
- Hospitality Net
James Ferdinando has been appointed sustainable development lead at Zeal Hotels
Zeal Hotels has appointed James Ferdinando as sustainable development lead, as the group expands around the UK. The newly-created role follows the successful opening of the voco Zeal Exeter Science Park, IHG's first branded net zero carbon hotel. The hotel has the target of being the first in Western Europe to achieve a BREEAM Outstanding rating in recognition of its sustainable approach to design, construction and overall fit out. It has been designed to operate with industry-leading benchmark-setting Energy Use Intensity levels, a critical measure that ensures the buildings sustainable future. Zeal Hotels will draw on Ferdinando's extensive experience in sustainable construction practices and sustainable development. He joins the group from RED Construction, which constructed the voco Zeal at Exeter Science Park, where he was group head of sustainability. Prior to that he worked at a number of world leading global organisations within the electronics and pharmaceuticals industries, as well as construction-related companies including roofing specialists SIG Roofing and BMI. The group is currently involved in a pilot testing scheme for a new benchmark across the built environment, the UK Net Zero Carbon Buildings Standard. The Standard is a response to the need for consistent rules around net zero carbon, to both validate net zero claims and accelerate the design, construction and use of buildings that deliver lower-carbon outcomes in line with the UK's legally-binding 2050 carbon targets.
Yahoo
6 days ago
- Business
- Yahoo
Forvis Mazars expands with new office in Bristol
Accounting firm Forvis Mazars has officially relocated to a new office in Bristol's Assembly Campus. The move, effective from 19 May 2025, is part of the group's strategy to grow its presence in the region. Located in Assembly Building C, the new office replaces the previous Victoria Street office, accommodating the expanding team. Forvis Mazars said the Bristol office is designed with sustainability in mind, achieving the BREEAM excellent standard, placing it among the top 10% of sustainable commercial office buildings in the UK. The office also supports a collaborative and hybrid working environment, allowing team members to move around the campus as needed, the firm said. The move comes on the back of what the company described as 'a period of significant success' for its Bristol team, which has recently posted another year of double-digit growth across its service areas. As part of its continued expansion in serving mid-market businesses and public interest entities, the office has grown its workforce by more than 30 over the past year, bringing the total number of employees in the city to over 100. Jon Marchant has recently been appointed as office managing partner for Bristol. He will oversee the team, focusing on growing the firm's mid-market and public interest entity audit offerings and expanding private client services in the region. Additionally, Forvis Mazars has recently appointed Raj Bhundia as tax partner to enhance its specialist tax services. Bhundia, based in the London office, will focus on expanding this business area and developing the short term business traveller proposition. "Forvis Mazars expands with new office in Bristol" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
29-05-2025
- Business
- Cision Canada
Ivanhoé Cambridge and PIMCO Prime Real Estate announce the completion of Stonecutter Français
This prime office space in the heart of London achieved 93% pre-leasing at Practical Completion LONDON, May 29, 2025 /CNW/ - Ivanhoé Cambridge, the real estate group of CDPQ, and PIMCO Prime Real Estate announced today the completion of Stonecutter, a 13-story super-prime office building in the heart of London. This milestone represents the culmination of the redevelopment creating a state-of-the-art workspace, tailored to meet the demands of modern businesses with its optimized floor plates and sustainable features. The 240,000 sq ft office space is 93% leased to law firm Travers Smith and travel platform company Trainline. " The completion of Stonecutter and the decision by our tenants to partner with us underscore the fact that high-quality workspaces with exemplary sustainable credentials are what companies are looking for in today's evolving office landscape. This redevelopment provides increased amenities to its occupiers, helps reduce the carbon footprint of the building and offers new life to the London office sector," said Christina Forrest, Managing Director, Real Estate, Europe, at CDPQ. Niki Dembitz, Head of UK & Ireland at PIMCO Prime Real Estate, commented: " We have been consistent in our conviction that high-quality, well-located office concepts will continue to be in high demand. That Stonecutter is 93% leased on completion confirms this conviction. We're excited to be delivering this state-of-the-art office to our tenants, creating long-term value to our clients and adding to the City of London's appeal." Situated in Farringdon, one of London's most desirable and vibrant areas, the property offers easy access to transport hubs, prestigious residential neighbourhoods, shops, restaurants and the new cultural institutions soon to arrive in Smithfield. The redevelopment project successfully increased the net lettable area from the previous building by 66%. The new building is arranged over basement levels, ground, podium, and 13 upper floors, three of which benefit from expansive roof terraces. Stonecutter has been constructed with one of the lowest embodied carbon inputs of any new office building in the City of London at 581 kg CO 2 per square metre. This is a significant saving on the London Plan aspirational target of 600 kg CO 2 per square metre. The building will operate on a net zero carbon basis, benefitting from electric heating and cooling and a commitment to procure renewable power where available. The property aligns with BREEAM and WELL certifications and follows the CRREM pathway ensuring compliance with the Paris Accord and meeting the highest standards of environmental performance. Stonecutter is also forecast to emit just 263 kg CO 2 per person through occupation, which is 44% of the Paris Accord's outlined target of 600 kg of carbon emissions per person per year for real estate activities. In 2021, Ivanhoé Cambridge and PIMCO Prime Real Estate secured a major off-plan pre-let with the leading UK law firm, Travers Smith, committing to a 15-year lease on 158,000 sq. ft. The move is scheduled for March 2026. In March 2025, a second major lease of 60,000 sq ft was concluded with Trainline, the leading independent rail and coach travel platform, for a 10-year term. Trainline is set to move to its new headquarters in 2026. The redevelopment, designed by TP Bennett, was managed by CO-RE as the development manager and MACE as the general contractor. For more information on Stonecutter, visit About Ivanhoé Cambridge Ivanhoé Cambridge, the real estate portfolio of CDPQ, manages CAD 75 billion in gross assets. Through strategic alliances, it has established a global presence, holding interests in over 1,500 properties across the logistics, residential, office, and retail sectors. As a global investment group managing funds for public pension and insurance plans, CDPQ works alongside its partners to build enterprises that drive performance and progress. CDPQ is active in the major financial markets, private equity, infrastructure, real estate and private debt. As at December 31, 2024, CDPQ's net assets totaled CAD 473 billion. For more information: / About PIMCO Prime Real Estate A leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz group's $85B real estate mandate. PIMCO's real estate platform is one of the largest and most diversified in the world, with $174B 1 in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets. 1 As of December 2024. All figures in USD. AUM includes c. $90B in estimated gross assets managed by PIMCO Prime Real Estate, which includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO. For more information CDPQ Media Relations Team + 1 514 847-5493 [email protected] PIMCO Prime Real Estate Phillip Lee PIMCO Prime Real Estate – Media Relations Ph. +49 (0)89 3800 8234 Email: [email protected]
