Balfour wins £87m contract

Suzie Neuwirth
FTSE 250 infrastructure group Balfour Beatty yesterday unveiled an £87m contract to develop new commercial and retail space between Regent Street and Haymarket.

Work is expected to start in the autumn and is due for completion in summer 2015. The scheme will provide 260,000 square feet of space across two eight-storey blocks. The contract is part of a larger project which includes a new piazza.