Cookstown firm McAleer & Rushe land £52million contract

Construction
Construction

Cookstown Tyrone construction firm McAleer & Rushe has landed a £52m contract to build student accommodation in England.

It’s working with Threesixty Developments to deliver a 1,000-bed student housing scheme in Portsmouth.

McAleer is also behind two new student housing developments planned for Belfast city centre.

The Belfast schemes would bring 1,200 new rooms to the city, alongside 300 construction jobs.

Martin Magee, managing director of McAleer & Rushe contracts UK, said the latest deal “marks an important milestone in the redevelopment of the now derelict ZurichHouse, which has been an important talisman building for many in Portsmouth.

“Our new partnership with Threesixty is leading to further opportunities in development and construction for both companies in the UK and Ireland.

“McAleer & Rushe is also currently working on our first project together. It is an £18m contract to build Threesixty a 356-bedroom eight-storey student accommodation scheme.” The deal for McAleer & Rushe is the latest large contract it’s landed in the last few months.