Opal confirms Ocon Construction to enter administration
Manchester-based property development group Opal has confirmed its subsidiary Ocon Construction is to enter administration.
The move follows reports Ocon had lodged a notice of intention to appoint an administrator earlier this week. Ocon was the lead developer on the £50m ‘Crown Place’ project at the University of Liverpool to build a 1,259-bed unit on the site of its former veterinary science school.
The university has set up a new subsidiary to ensure the project can continue …