This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

FM Report 207 - Friday 19th October 2007

19 October 2007

The latest FM news direct to your desktop

Balfour Beatty acquires Covion
Balfour Beatty has acquired Covion, the facilities infrastructure services business from its management and private equity investors. Covion will become part of Haden Building Management, Balfour Beatty's FM arm. The move strengthens and extends Balfour Beatty's reach in FM, and its strategy of offering integrated service packages, extending white collar skills and increasing private sector presence.
http://www.balfourbeatty.com

Alfred McAlpine rejects bid from Carillion
In response to an announcement by Alfred McAlpine, Carillion has confirmed that it has approached the Board of Alfred McAlpine with a view to entering into discussions about a possible offer for the company at 570p per ordinary share. The bid was rejected. The restructuring of Alfred McAlpine, which includes the creation of a separately listed Business Services Group, is scheduled to be completed by Spring 2008. Carillion says it will continue to evaluate all strategic opportunities, including Alfred McAlpine.
http://www.alfredmcalpineplc.com

Credit crunch hits property development
The knock-on effect of the US sub-prime market could possibly lead to reduced numbers of speculative developments and drive up prices of major schemes, says EC Harris. According to Martin Silvester, the Midlands' leader of the Lenders and Investor sector at EC Harris in Birmingham, the credit crunch will inevitably bring different challenges to the way major projects and schemes are being planned, funded and developed.
http://www.echarris.com

Scottish FM wins contracts in Egypt
A JV company set up by Scottish FM specialist, Key Facilities Management, has picked up two contracts just weeks after opening an office in Cairo. Key MENA, a joint venture between Key FM and the Dar Al Mimar Group, will manage five multi million dollar developments across Egypt from Cairo, to the Red Sea and along the northern coast of Egypt on behalf of the development company, Mountain View.
http://www.keyfm.co.uk

ODA to hold security industry day
Companies with an interest in the following fields are invited to attend this industry day on 24th October are invited to enroll. The ODA requires a significant security solution to support its delivery of the venues and infrastructure for the London 2012 Olympic and Paralympic Games to meet the security and safety needs during the construction and legacy phases of the Olympic Park.
http://www.london2012.com/business

Incentive FM launches Incentive Workplace
Incentive FM has launched a new service, 'Incentive Workplace' which will offer clients a full suite of design and fit out services. A JV with Ideal Interior Solutions, it will target clients who are looking to change or update aspects of their working environment such as offices, reception areas, meeting rooms and staff restaurants.
http://www.incentive-fm.com

Commuters asked to be smarter
National Commute Smart Week from Sunday October 28 to Saturday November 3 I is aimed at encouraging smarter working practices. The week follows on from the success of Commute Smart Day last year (November 1) which was viewed as a huge success by all those involved, warranting an extension of the initiative this year to a week so that the full benefits of smart commuting can be experienced.
http://www.workwiseuk.org


Print this page | E-mail this page

https://www.fsifm.com


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Launch event for Young Leader 2021 award announced

Launch of this year's Young Leader of the Year (YLOTY) award, organised by the Emerging Workplace Leaders (EWL) organisation, will take place on 23 June....

Benchmarking maintenance

BSRIA has just published this year's operation and maintenance benchmarking report as a guide for building operators to evaluate their performance against ...
Article image

Who is the ‘responsible person’?

Fire safety technology – such as smoke control systems – is designed to save lives and protect property in a fire....
Article image

Commercial tenants protected from eviction for a further nine months

Landlords of commercial property will be unable to evict tenants for unpaid rent for another nine months, the government has announced....

Compass acquires PPP-IML

Compass further strengthens its support services proposition with the acquisition of PPP-IM, L, the special purpose vehicle of Semperian PPP Investment Par...
https://edition.pagesuite-professional.co.uk/html5/reader/production/default.aspx?pubname=&pubid=78915b1c-0f11-4b5e-9468-ba601ad89761