strategy

FM

BASF Extends IFM Contract with Sodexo

BASF has awarded a two year extension to Sodexo’s soft and hard services contract at six sites in the UK and Ireland including its UK head office in Stockport. The foodservice and facility services provider has delivered services to BASF for over 30 years, with the current agreement for integrated facilities management (IFM) services at…

Net Zero

ADNOC Launches Innovative Carbon Capture Well

During Abu Dhabi Sustainability Week (ADSW), ADNOC has announced the world’s first fully sequestered carbon dioxide (CO2) injection well in a carbonate saline aquifer.  The project, which is expected to begin injecting CO2 in the second quarter of 2023, marks another important step in ADNOC’s commitment to decarbonize its operations, reduce its carbon intensity by…

Europe

European Retailers Fear for In-store Operations

New research from Sony Professional Displays & Solutions reveals UK and German retailers are preparing proactively for the critical Christmas and New Year trading period as their counterparts in France adopt a more laissez-faire approach. Despite retailers entering the first un-disrupted Christmas since 2019, close to half (43%) of those in the Europe are concerned…

Asia Pacific

Savills IM to Acquire Brisbane Office Building for Pan-Asian Fund

Savills Investment Management (Savills IM), the international real estate investment manager, has agreed to acquire HQ South, an A-grade office building in Fortitude Valley, Brisbane from M&G, for its flagship pooled pan-Asian strategy fund. The asset comprises a modern 14,588 sqm building in the thriving near-city Fortitude Valley precinct, with 1,503sqm in food and beverage…

News

Rentokil Initial Q3 Trading Update

Rentokil Initial reports continued momentum and commits to expanding its acquisitions-led growth strategy in its latest trading update for the third quarter of 2022. 1640894

News

Ian Williams Reports Continuing Growth

Privately held UK property services company Ian Williams has reported an increase in revenue for fiscal year 2021, with total sales of £92 million and a net profit margin of 2.6 per cent. The financial peformance represents a return to pre-COVID levels, with the company’s order book now exceeding £500 million. Ian Williams has also…

India

PPDS at InfoComm Southeast Asia 2022

PPDS will demonstrate a new ‘stretched’ 32:9 Philips digital signage solution at InfoComm Southeast Asia 2022 in Bangkok from 2nd to 4th November as part of its wider exhibition of professional AV solutions. The exclusive global supplier of Philips-branded professional display solutions has announced strategic growth ambitions in Asia, with key target countries including  India,…

Engineering

Edwin James Reports Strong Results

UK Engineering services provider Edwin James Group has reported a 6 per cent increase in revenue to £144m and 2 per cent improvement in EBITDA margin for the year ended February 2022. The group maintains a strong cash position. Several high-profile contract wins, including Sellafield and Northumbrian Water, and significant growth in the forward order…

FM

Supporting Parr FM’s Digital Transformation

Radius has been helping Parr Facilities Management connect teams seamlessly as the facility services and fit-out specialist embraces technology to achieve productivity gains. Parr FM is one of Northern Ireland’s most successful FM companies with a roster of major clients including BOC, GLL, Triangle Housing, NHS Shared Business Services (NHS SBS), Co-op, and Lidl. The…

Cleaning

Cleaning Industry Calls for UK Government Support Ahead of Winter Flu and Covid-19 Resurgence

The British Cleaning Council (BCC) is warning continuing staff shortages in the cleaning, hygiene and waste sector will amplify the impact of a feared ‘twindemic’ combining winter flu and new immune evasive Sars-Cov-2 variants. The cleaning, hygiene and waste sector – which is one of the ten biggest industries in the UK – has played…

News

Pittsburgh to Host Inaugural Edition of GMIS America

The UAE-sponsored Global Manufacturing and Industrialisation Summit (GMIS) has selected Pittsburgh to host the inaugural edition of GMIS America from September 28–30, 2022. Scheduled to be opened by The Hon Thomas Wolf, Governor of the Commonwealth of Pennsylvania, GMIS America will convene experts from governments and the private sector in Pittsburgh to spearhead discussions that…

News

Savills IM Announces Acquisitions as it Launches UK Build-to-Rent Strategy

Savills Investment Management (“Savills IM”), the international real estate investment manager, has acquired Pitmore, the UK Development and build-to-rent (BTR) specialist, as a key part of plans to grow its UK residential and BTR platform. As one of the UK’s most experienced residential advisors, being involved in the sector since 2012, the senior partners of…

Appointments

Pareto Facilities Management Expands Senior Management Team and Launches New Brand Identity

Following a management buyout in March 2021and revenue forecast of £30 million for the fiscal year ending September 2022, Pareto FM has added five new roles to its Senior Team and also launched a new brand identity. The new branding emphasises the service provider’s commitment to social value and relationship-based facilities management delivery. Managing director,…

News

Corps Applauded for Championing Living Wage

The Living Wage Foundation, a campaigning organisation for salaries that cover the real cost of living in the United Kingdom, has recognised Corps Security‘s for extending a commitment to paying directly employed security personnel a Real Living Wage to all new contracts it bids on. The annual Living Wage Champion Awards celebrate notable employers that…

FM Magazine

How Strategic Properly Planning Can Help Charities

Jonathan Rhodes, partner and national head of valuation at global property consultancy Cluttons, discusses the long term benefits for beneficiaries of charitable organisations of strategic real estate planning. The time you serve on a charity’s board of trustees or senior management team is limited relative to how long the charity has already been in existence…

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