10th Jan 2006 10:36
Slough Estates PLC10 January 2006 SLOUGH ESTATES TO RESTRUCTURE UK CONSTRUCTION ARM Slough Estates plc ("Slough") announces today that it is proposing to outsourcethe company's UK construction activities, reflecting best practice in theproperty sector. Slough's construction activities in Continental Europe and inthe USA are already outsourced. The proposed change in the UK will be phased over a period of time, as existingprojects are completed. Certain key central functions will be retained in orderto project manage those activities which will in future be outsourced. Ian Coull, Chief Executive of Slough Estates plc, said:"This marks a further step in focusing the company on its core skills - on thoseareas where we are best positioned to add value. It maintains our pace of changeand will further increase the competitiveness of our business". -ends- For further information please contact: Slough Estates Maitland ConsultancyMichael Waring Colin BrowneDirector of Corporate CommunicationsTel: 01753 213335 Tel: 020 7379 5151 Notes to editors Slough Estates is a leading provider of flexible business space in businessparks in Western Europe and North America, with over 1500 customers occupyingapproximately 3m square metres of business space. Slough Estates' properties arein suburban locations in close proximity to the main business centres, wherethere is long term demand for business accommodation to serve these key economicregions. The company's main activities are currently based around London,Brussels, Paris, Dusseldorf, Amsterdam, San Francisco and San Diego and thecompany continues to develop new business parks with the long term objective ofbuilding shareholder value and enhancing its reputation for quality buildingsoffering excellent value to customers. For further information:www.sloughestates.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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