27th Aug 2015 07:53
LONDON (Alliance News) - Construction services company ISG PLC on Thursday said it has secured a deal to carry out a GBP59.0 million refurbishment project on behalf of investment group Blackstone.
The property is located opposite the Old Bailey criminal courts in London and adds to the existing portfolio of projects that ISG is working on for Blackstone, including the Adelphi Building and One America Square.
"Global demand for prime office space in London's most desirable business locations continues to drive this buoyant market. We are pleased to be able to continue supporting our core customers with their refurbishment programmes," said David Lawther, ISG's chief executive.
ISG shares were up 3.9% to 164.60 pence on Thursday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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