OTC : BAFBF
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Balfour Beatty clears final hurdle in US military housing fraud case
Balfour Beatty plc (LSE:BBY) has flagged the formal conclusion of an independent compliance monitorship imposed on its US military housing business following a fraud investigation. The infrastructure construction group said the oversight of its subsidiary, Balfour Beatty Communities, ended on 6 June, marking the completion of a process required by the US Department of Justice. proactiveinvestors.co.uk - 2026-06-08 03:12:35 |
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Balfour Beatty Communities Expands Student Housing Portfolio with the Acquisition of Clemson Village in Clemson, South Carolina
MALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities, a national residential real estate investment and management company, is pleased to announce the successful acquisition of Clemson Village, a 96-unit, 288-bed student housing community serving Clemson University in Clemson, South Carolina. This strategic acquisition further expands the company's presence in high-performing university markets and marks its second acquisition within the NCAA Division I Atlantic Coast Conference (ACC), fol. businesswire.com - 2026-06-02 11:30:00 |
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Balfour Beatty Communities and U.S. Army Fort Gordon Celebrate First New Homes in $50 Million Housing Investment
FORT GORDON, Ga.--(BUSINESS WIRE)--Balfour Beatty Communities, a longtime partner of the Department of Defense, joined U.S. Army Fort Gordon leadership and military families on Wednesday, May 20 to celebrate the completion of the first new homes at Pine Tree Terrace, part of an over $50 million housing investment at Providence Family Homes, the installation's privatized military housing community. The ribbon‑cutting ceremony marked a significant milestone in Balfour Beatty Community's long‑term. businesswire.com - 2026-05-22 13:20:00 |