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£80m Office Fit Out Projects

14th Jul 2015 07:00

RNS Number : 9541S
ISG PLC
14 July 2015
 

ISG plc

 

ISG Secures £80m Office Fit Out Projects

 

ISG has been awarded £80m of commercial office fit out projects in the three months to June 2015. 

 

A key project awarded in the period is a £24m contract to create one of the largest and most highly-specified new office developments in the Thames Valley region. The scheme at Stockley Park, near Heathrow, involves the significant upgrade and extension of an existing property, with ISG delivering circa 137,000 sq ft of Grade A BREEAM Excellent office accommodation.

 

ISG has also been appointed by Zurich Insurance to create a new London base for Switzerland's largest insurer. The 70,000 sq ft scheme involves the fit out of six floors of the striking 70 Mark Lane development in the heart of London's insurance district. 

 

Additionally, ISG has maintained its number one ranking in the influential Metropolis Property Research report on the central London fit out market. The 'Living in a Pre-Let World' report identified ISG as London's lead contractor with 3.8m sq ft of fit out projects awarded between 2010 and 2014.

 

David Lawther, ISG Chief Executive, said:

 

"Maintaining our lead position as London's number one office fit out contractor highlights the strength of our customer relationships and unrivalled sector expertise. Demand for high-quality office space continues to grow both within, and increasingly outside of central London, and our Stockley Park win reinforces our strategic decision to invest in a regional office base in the Thames Valley."

 

14 July 2015

 

Enquiries:

 

ISG plc

 

David Lawther, Chief Executive Officer

020 7392 5250

Jonathan Houlton, Group Finance Director

 

 

 

Instinctif Partners

 

Matthew Smallwood, Helen Tarbet

020 7457 2020

 

 

Numis Securities Ltd

 

Nominated Advisor: Michael Meade

020 7260 1000

Corporate Broking: Ben Stoop

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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