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.
Hanley Investment Group has brokered the sale of two newly constructed single-tenant retail properties at the Cathedral Cove shopping center in downtown Cathedral City, California.
Alma Property Partners and Rexbo Gröna Industrihus have acquired three light industrial property assets within the Länna industrial area of Stockholm's Huddinge municipality in two separate transactions.
Manchester Airports Group (MAG) has re-awarded and extended the scope of a multi-million pound integrated facilities management contract with Mitie for a further seven years.
Mitie has been awarded a six-year contract to run Campsfield IRC for the Home Office, overseeing the everyday running of the IRC from custody and detention to welfare services, and the provision of integrated facilities management.
Lauren Suddards from On Verve's guest services team at 3 Hardman Square in Manchester has been named 'Receptionist of the Year' at the Corporate Receptionist of the Year (CROTY) Awards.
Lord John Hutton, former UK health minister and current chair of the Association of Infrastructure Investors in Public Private Partnerships (AIIP), comments on the government's 10 Year Health Plan to bring the NHS "closer to home".