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FM market demand expected to reach US$ 153.7bn by 2032

The facility management industry is expected to generate total sales of around US$ 47.5 billion in 2022, according to a new report by market research firm, Fact.MR. With a compound annual growth rate (CAGR) of 12.5 per cent anticipated for ...

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IFMA’s new board reflects the breadth of experience and global reach of the FM Industry

The International Facility Management Association (IFMA) has announced the member-elected Executive Committee and Appointees to its Global Board of Directors for the 2022-23 fiscal year. With members based in Italy, Trinidad and Tobago, Mexico, Canada, Brazil, Singapore, Spain and the ...

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ISS extends partnership with Danske Bank

The workplace experience and facility management company has extended its partnership with Danske Bank and will continue to provide integrated facility services to the Nordic bank for another five years. ISS has delivered services to Danske Bank for many years ...

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Allied Universal grows global presence with three acquisitions

North American security and facility services company, Allied Universal, is continuing its global expansion with the acquisition of three companies located in New York, the Netherlands and Denmark. The largest of the three companies, International Protective Service Agency, is headquartered in ...

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Senior hire at Averda

The end-to-end waste management, treatment and recycling company has announced the appointment of Niteese Lenton as Chief Financial Officer. Lenton brings with her a wealth of relevant experience and knowledge with over 20 years’ financial management experience in the automotive ...

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ISS Sweden enters into an agreement for one of the largest projects in the Swedish FM market

A large company in the automotive industry has chosen ISS as a partner within integrated facility services and technical property management in Sweden and Belgium. The five-year agreement, which will take effect shortly, is nationwide and will see ISS deliver ...

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ISS in partnership with LeasePlan to reduce CO2 emissions in its fleet

ISS has entered into a partnership with global Car-as-a-service company LeasePlan to reduce CO2 emissions within its fleet. The deal will be essential for ISS in reaching its fleet net zero target by 2030 and comes as part of a ...

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Farnek launches standalone smart FM tech solutions firm

UAE-based facilities management company, Farnek, has launched a new smart FM technology solutions company, HITEK, under the leadership of Managing Director, Javeria Aijaz, who was previously senior Director – Technology & Innovations at Farnek. Developed in-house, the HITEK solution 4.0, ...

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ABM unveils ELEVATE strategy

Global integrated facility services provider ABM has unveiled a comprehensive strategic plan called ELEVATE which aims to unlock long-term value through strategic focus on client and team member experiences and industry-leading technology and data transformation. ELEVATE was announced at ABM’s ...

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ISS continues with global divestment programme

ISS has agreed to sell its US-based portfolio of single-service janitorial and select specialised services contracts to Argenbright Holdings, a privately held provider of workforce solutions in human capital-intensive industries headquartered in Atlanta, Georgia. The sale is a part of ...

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