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Interserve shares plunge as rescue plans revealed

Following speculation over the weekend, including a piece in the Financial Times that reported Interserve is in rescue talks as its tries to avoid the fate of Carillion, its shares plunged more than 70 per cent. The support services and ...

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CBRE Excellerates Africa and Middle East JV

CBRE Group has agreed to form a joint venture with Excellerate Property Services to meet the growing demand for high-quality real estate services in Africa and the Middle East. The joint venture, CBRE Excellerate, will merge CBRE’s facilities management operations ...

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Sodexo recognised for gender diversity

Sodexo has been ranked #2 for gender balance within its governing bodies among all publicly-listed companies on the SBF 120 French stock market index. The ranking (the Palmarès de la féminisation des instances dirigeantes) is published by the French State ...

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FM outsourcing market set to grow by £2bn in 2019

A new report on the UK Facilities Management Outsourcing market from MTW Research suggests that outsourcing will grow by £2 billion in 2019, with the FM market forecast to rise by more than £10 billion by 2022. Based on data ...

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FSI Global welcomes Jon Benjamin as region manager in Canada

Facilities management software provider, FSI Global, has expanded its global presence with the opening of the Canada office, headed up by Jon Benjamin, Region Manager. Benjamin brings to FSI almost 30 years’ experience of technology consulting, sales and strategic business ...

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Chubb appointed principal security and fire safety contractor for housing association

Chubb Fire & Security Limited has become the principal fire and security provider for Dunedin Canmore, a provider of social housing and related services in Scotland. After initially installing fire alarms for many years, Chubb now provides installation and maintenance of ...

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Donations in the bag for British Heart Foundation

TC Facilities Management (TCFM) has created a national charity partnership to help the British Heart Foundation (BHF) achieve its aim of beating heartbreak forever. The partnership commenced seven weeks ago and has set its sights on raising £5K of funds ...

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Pareto FM in Institute of Physics contract win

The Institute of Physics (IOP) has appointed Pareto FM to provide workplace services at its newly built headquarters in Caledonian Rd.  The Royal Charter company, with over 50,000 members, provides an international centre for physics that showcase the best of modern ...

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Service Works Global expands in FM and PPP arena

Integrated workplace management system (IWMS) and public-private partnership operation and maintenance (PPP O&M) (operation and maintenance) software provider, Service Works Global (SWG), has announced a merger with the FM division of its Scandinavian sister company, Symetri, which will enable the ...

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Imtech Inviron secures £120m worth of orders in second half of 2018

Technical facilities management specialist, Imtech Inviron, has continued to grow in the second half of the year, reporting orders of £120 million. This follows a a strong first half to this year which witnessed orders of circa £50 million. Central to ...

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