Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

By Staff Reporter

DM Hall Strengthens Capabilities in North of Scotland

Nov 08, 2023 by Staff Reporter

Leading firm of Chartered Surveyors DM Hall has strengthened its presence in Northern Scotland with the appointment of Martyn Stevens as an Associate.
Generator Group Completes €750M Refinancing

Nov 06, 2023 by Staff Reporter

Owned by Queensgate Investments, Generator Group consists of 21 hotels and hostels offering more than 12,000 beds across 17 tier one cities under the Generator and Freehand brands. The company derives approximately 95 per cent of EBITDA from owned real estate. All Generator prop
Heroes of the Night: How Technology Shines a Light on Night-time Workers

Nov 06, 2023 by Staff Reporter

Jason Petsch, CEO of outdoor estates maintenance company OUTCO, explains how winter gritting and other challenging outdoor work can be made safer through innovation.
MBO to Relaunch Mace Operate as an Independent FM Business

Nov 02, 2023 by Staff Reporter

A management buyout of Mace Operate, the facilities management division of global consultancy and construction company Mace Group, will create an independent Company trading under the name of the group's former FM division, Macro.
Innovative Waste Management Procurement Solution Helps NHS Achieve Net Zero

Nov 02, 2023 by Staff Reporter

Corporate services provider NHS Shared Business Services (NHS SBS), has launched its inaugural '
Mitie Acquires GBE Converge Group

Nov 02, 2023 by Staff Reporter

Mitie has acquired UK independent Fire & Security business GBE Converge Group for a maximum cash consideration of 27 million.
Compliance Group Acquires Water Treatment Specialist

Nov 01, 2023 by Staff Reporter

UK safety and regulatory compliance services provider Compliance Group has expanded its water systems capabilities with the acquisition of ARA Environmental.
Rentokil Initial Credit Rating Update

Oct 30, 2023 by Staff Reporter

Rentokil Initial plc has received credit ratings and research from Fitch and S&P Global, with both providers attributing BBB ratings with a 'Stable' outlook.
Comment: Real Madrid Borrowing €360 Million to Renovate Santiago Bernabeu Stadium

Oct 30, 2023 by Staff Reporter

This is not the first time that we have seen football clubs look to private capital investment to fund a stadium renovation; Arsenal and Tottenham Hotspur both relied partially on private capital when building their respective new stadia. Both of those projects took a number of years to complete,
Unleashing Synergy: Pioneering ‘Hybridisation’ of Industries

Oct 26, 2023 by Staff Reporter

Amit Chadha, CEO and managing director of L&T Technology Services, considers the 'crosspollinovation' of unassociated industry verticals, as AI and other assistive technologies redraw the bounds of what was once considered possible.