News on 7 September 2000

B&P’s FM success

Building & Property announces a forward order book of nearly £2bn. The company has won a number of contracts during the first half of 2000 and experienced an increase in fee income from new business, exceeding 100%, during 1999/2000.

Clive Groom

Clive Groom, chief executive says B&P is delighted with its forward book which he says is testimony to the success of the company’s strategy. He adds that it is B&P’s innovative and flexible approach, coupled with its sensible attitude to risk, which has positioned B&P as one of the leading players in the FM field.

Since the management buy-out three years ago, B&P has been transformed from a single-client property management business to an integrated FM company with client portfolios in both the public and private sector.

The company recently won a contract with the Office of National Statistics for which it is to provide FM services at seven ONS sites (see News story).

B&P is also part of the consortium which will design, finance, build and operate the new PFI UCLH hospital site in London and has been selected as preferred bidder for another PFI project worth £1bn on behalf of the Dudley Group of Hospitals.


Jessica Jarlvi

Tell someone about this!

Back to front page Back to news overview Next news story