7th May 2014 11:20
LONDON (Alliance News) - ISG PLC said Wednesday its UK Fit Out and Engineering Services business has secured six major office fit out projects with a combined value of approximately GBP70 million in the last two months.
The largest project is a 140,000 square foot fit out of the new UK headquarters for legal firm, CMS Cameron McKenna, at Cannon Place in the City of London. The firm has also secured an 80,000 square foot project in the iconic "Walkie-Talkie" building at 20 Fenchurch Street, London, to fit out five floors for an international insurance and re-insurance underwriting group.
ISG has secured a further two contracts outside central London, with ISG securing a 63,000 square foott office fit out scheme for a global professional services firm in St Peter's Square, Manchester and a 135,000 square foot office scheme at the Bedfont Lakes business park in Middlesex for BP PLC.
"We continue to see sustained growth within the London office fit out market, where we are the clear market leader, and are now experiencing early signs of improvement across the rest of the UK as positive sentiment ripples out from the capital," said David Lawther, ISG Chief Executive.
Shares in ISG were trading 2.92% higher at 300 pence per share in early afternoon trading Wednesday.
By Alice Attwood; [email protected]; @AliceAtAlliance
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