Balfour Beatty Archives - Construction Today

Timely transaction

Iain — Tue, 30 Aug 2022 07:46:17 +0000

Purdue Research Foundation, which is acquiring the entire property, is acquiring Balfour Beatty’s full interest. The transaction, valued at $150 million, is expected to complete in August. The disposal proceeds will first be applied to repay the debt outstanding against the property and transaction fees, with the remainder distributed to Balfour Beatty and co-investors. Balfour Beatty’s share of…

Source

The post Timely transaction appeared first on Construction Today.

Mighty military contract

Iain — Tue, 24 May 2022 12:11:24 +0000

The contract will see Balfour Beatty design and construct the East Campus Building #4 and a c.1,180,000 square foot parking structure on the US Army military installation. Work is due to complete in Spring 2026. The project will draw on Balfour Beatty’s experience in financing, developing, building, maintaining and operating the increasingly complex and critical infrastructure that supports…

Source

The post Mighty military contract appeared first on Construction Today.

Driving excellence

Iain — Mon, 13 Sep 2021 14:44:21 +0000

Balfour Beatty has appointed Daniel LaFrance as the Vice President & Chief Compliance Officer for its Buildings, Civils and Investments operations in the US. Daniel joins Balfour Beatty from Colas USA, an infrastructure, construction, mining and materials firm and subsidiary of Colas Group, where he spent the last 16 years in various positions, most recently as Chief Ethics & Compliance Officer.

Source

The post Driving excellence appeared first on Construction Today.