27th Aug 2015 07:01
ISG plc
ISG Awarded £59M London Office Scheme
ISG has secured a £59 million project to carry out a major office refurbishment opposite the criminal courts in London's Old Bailey for Blackstone. The scheme adds to ISG's portfolio of projects with the leading global asset manager, which includes the Adelphi Building and One American Square.
Starting in November 2015, a new façade will transform the external appearance of the property at 20 Old Bailey, which will also be extended by two additional floors and comprehensively upgraded, with extensive structural alterations and internal remodelling, to provide circa 240,000 sq ft of high-specification office accommodation.
David Lawther, ISG Chief Executive, said:
"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 programs."
27 August 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 |
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