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ISG Wins £125 Million UBS Fit Out Scheme

5th Feb 2014 07:00

RNS Number : 2867Z
ISG PLC
05 February 2014
 



ISG plc

 

ISG Wins £125 Million UBS Fit Out Scheme

 

ISG has been awarded the largest London office fit out contract of the last twelve months, securing the £125 million project to deliver the new UK headquarters for UBS at 5 Broadgate. The striking office building is currently under construction and ISG is scheduled to commence work on site at the start of 2015, following a twelve month pre-construction period.

 

Appointed under a Construction Management form of contract, ISG will deliver approximately 700,000 sq ft of high-specification commercial office accommodation for the global financial services firm. The building will house up to three trading floors, enabling UBS to consolidate its London trading operations within one building, an auditorium, large executive area and a range of open plan and cellular office space.

 

David Lawther, ISG Chief Executive, said:

"Following such an exceptional year's performance for our London Fit Out business in 2013 with a win of this scale and prestige is a tremendous result and further reinforces our position as the sector's lead contractor. Reassuringly, confidence is returning to the London office market as a whole, and in addition to securing many of the capital's most high-profile schemes, we have maintained and built on our reputation for delivering exceptional fit out solutions across all value bands."

 

5 February 2014

 

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
 
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