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29 November 2016
BAM renews revolving credit facility on improved terms into 2022

Bunnik, the Netherlands, 29 November 2016 – Royal BAM Group nv has renewed its revolving credit facility until 31 March 2022. The arrangement is a fully committed revolving credit facility and replaces the previous facility of currently €417.5 million, which was due to expire in January 2018.

29 November 2016
Hub South East is delighted to announce that BAM Construction is joining our supply chain as a Tier 1 Construction Contractor.

(Press release Hub South East:) Edinburgh, 29 November 2016 -  Hub South East has successfully delivered 49 facilities worth £136m, with £360m projects currently under construction or in development. As we look forward, we believe that the very real benefits which we deliver in terms of value for money and reliability will create new and further opportunities and we want to be able to meet the challenge of that increased demand.

24 November 2016

Hemel Hempstead, 24 November 2016 - It has taken 25,500 man hours, 100 tonnes of steel, and 3,700 cubic metres of excavated waste to create, but the contractors behind the new Harington School’s sixth form building have completed it without a single cut finger. And what’s more, they have done so four weeks earlier than planned.

21 November 2016
BAM wins office contracts in Berlin

Bunnik, the Netherlands, 21 November 2016 – BAM Deutschland, the German construction company of Royal BAM Group nv, has won two contracts for the construction of the East Side Office (phase2 and 3) which are part of the Postbahnhof project in Berlin. The client is NDC Real Estate Management GmbH. The total contract value is over €30 million. In 2015 BAM Deutschland won phase 1, which will be completed shortly. The phases 2 and 3 will be delivered in September 2018.

18 November 2016
Sebald van Royen

Bunnik, the Netherlands, 18 November 2016 – The management of BAM PPP bv has appointed Mr S.H. van Royen, currently Tender Desk Director of Royal BAM Group nv, director of BAM PPP Nederland bv and BAM PPP België nv with effect of 1 December 2016.

18 November 2016
BAM’s Summertime project in Amsterdam

Bunnik, the Netherlands,18 November 2016 – HFB (the BIM knowledge partner of BAM’s residential builder BAM Woningbouw) has won the AEC Excellence Award for Building Projects less than $50million, for its support of BAM at the Summertime residential project in Amsterdam.

18 November 2016

Bunnik, the Netherlands, 18 November 2016 – Royal BAM Group nv has signed an agreement with VanWonen Vastgoedontwikkeling on the proposed sale of a portfolio of all 47 property development positions in the north east of the Netherlands.

17 November 2016
BAM Nuttall joint venture wins Central Enabling Works Contract for High Speed Two

Bunnik, the Netherlands, 17 November 2016 - BAM Nuttall Ltd has been awarded the Central Enabling Works Contract for High Speed Two (HS2) as part of a joint venture. The contract will be worth up to £100 million to the company over a period of four years.

16 November 2016
Independent inspectors score construction of new student development as ‘exceptional’

Hemel Hempstead, 16 November 2016 - Independent inspectors have praised work at a new student accommodation scheme in Newcastle, ranking it as ‘exceptional’ for its appearance, environmental measures and its approach to its workforce. 410 student flats in four, five and seven storey buildings in the centre of the city at Stoddart Street are being built by major contractors BAM Construction, who have offices in Gateshead.

14 November 2016
Egham’s newest building gets thumbs up from the inspectors

Hemel Hempstead, 14 November 2016 - A new development in Egham, Surrey, has been described by inspectors as ‘exceeding excellent’. The new Gartner European headquarters, owned by Royal London Asset Management and located on The Glanty in Egham is due to complete externally in February and it will then be fitted out internally through until August. It was visited by an inspector from the Considerate Constructors Scheme (CCS).

11 November 2016
Artists impression

Bunnik, the Netherlands, 11 November 2016 – A joint venture consisting of BAM International, the operating company of Royal BAM Group active outside Europe, and ICONSA, a marine construction company active in Panama, has been awarded the contract to design and construct an LNG import jetty and an intake / outfall structure for the Costa Norte LNG Terminal in Panama. South-Korea’s POSCO E&C is the main contractor to deliver the Costa Norte LNG Terminal for AES Corporation from the US, one of the world’s leading power companies.

3 November 2016
BAM reports nine months adjusted result of €64 million and reiterates full year outlook
  • Construction and M&E services: result recovering in the Netherlands, loss in Germany
  • Civil engineering: continuing progress with margin at 2.1%
  • Investment sectors: strong result at Property and a steady performance at PPP
  • Order book: higher quality due to tender discipline; lower level due to selective tendering, market conditions and FX
  • Cash flow: ongoing improvement year-on-year despite impact of lower pound

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