BGIS to acquire Carillion's facilities management contracts
BGIS (Brookfield Global Integrated Solutions) has announced that it has entered into an agreement to acquire a large portfolio of Carillion facility management contracts in the United Kingdom.
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Country news
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February 19, 2018
£150 million cash shortage for Scottish bypass PPP following Carillion collapse
Galliford Try has announced plans to raise GBP150 million (US$210.42 million) from investors to cover additional costs of the Aberdeen Western Peripheral Route PPP project that have arisen following the compulsory liquidation of Carillion.
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February 07, 2018
Uliving wins 800-bed student accommodation project in Brighton
The University of Brighton, which is located in the south-east of England, has confirmed that Uliving has been identified as preferred bidder for the construction and management of new student accommodation as part of the development of the university’s Moulsecoomb campus.
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February 07, 2018
UPP secures financing for acquisition of Swansea University accommodation projects
University Partnerships Programme (UPP) has achieved financial close on a circa GBP98 million (US$137,77 million) deal to acquire two companies from brownfield developer St Modwen Properties PLC. Consequently, UPP will acquire the contract to operate 2,021 study bedrooms on the Swansea University’s Bay Campus in South Wales for a period of 45 years.
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January 09, 2018
Further delay for Royal Liverpool Hospital PPP
The chief executive of Royal Liverpool and Broadgreen University Hospitals Trust has announced that the construction of the new Royal Liverpool University Hospital will not be completed on time. This is the third time that the project’s completion date has been pushed back by the contractor, Carillion.
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January 03, 2018
Balfour Beatty to sell additional stake in M25 operator
Balfour Beatty has announced the sale of a 7.5% stake in Connect Plus, the company which operates the M25 - the motorway that orbits London. This follows the firm's announcement less than two weeks ago of the sale of a 12.5% stake in Connect Plus to funds managed by Dalmore Capital, as reported on this platform.
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