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Our news section is the unique source of information dedicated to RE&FM Business News:
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> Click on any of the [ TAGs ]under each date to browse our Market Intelligence database.
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Sep 16, 2013    

Grant Thorton reports that the volume of UK Facilities Management M&A deals in the first half of the year totals over 50% higher compared to the first half of 2012.> Read More...

Sep 13, 2013    

Bahrain Airport Company (BAC) announces the full acquisition of

Hochtief

HQ Germany
Presence in:
   Europe & Russia
   Asia-Pacific
   Middle-East & North Africa
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
Hochtief
Facility Management Bahrain (HTFMBA) and the buyout of the 50% shares in the joint venture. The 50% stake will add to BACs existing 50% of the joint venture to make this a 100% Bahraini Company fully owned by BAC.> Read More...

Aug 26, 2013    

Jones Lang LaSalle

HQ United States | 36,600 employees
Presence in:
   North America
   Europe & Russia
   Asia-Pacific
   Middle-East & North Africa
   South America
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Environmental Services
   Mobile Maintenance
Click on to view Jones Lang LaSalle FM2i profile.
Jones Lang LaSalle
   acquires Houston-based property management firm, Means Knaus Partners. The deal allow JLL to add some 16 million square feet of properties primarily in Chicago, Dallas, Denver, Houston, Los Angeles, Orlando and Tampa to its portfolio.> Read More...

Aug 21, 2013    

Newsec acquires

Jones Lang LaSalle

HQ United States | 36,600 employees
Presence in:
   North America
   Europe & Russia
   Asia-Pacific
   Middle-East & North Africa
   South America
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Environmental Services
   Mobile Maintenance
Click on to view Jones Lang LaSalle FM2i profile.
Jones Lang LaSalles
   Swedish property management operations> Read More...

Aug 12, 2013    

UGL

HQ Australia | 43,000 employees
Presence in:
   North America
   Europe & Russia
   Asia-Pacific
   Middle-East & North Africa
   Sub-Sahara Africa
   South America
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Environmental Services
   Mobile Maintenance
Click on to view UGL FM2i profile.
UGL
   confirms the de-merger of its Real Estate and Facilities Management arm, DTZ within the next 12 to 19 months.> Read More...

Aug 09, 2013    

Cofely

HQ France
Presence in:
   North America
   Europe & Russia
Provide:
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Environmental Services
Cofely
's parent company, GDF announces the acquisition of

Balfour Beatty

HQ United Kingdom
Presence in:
   North America
   Europe & Russia
   Asia-Pacific
   Middle-East & North Africa
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
Balfour Beatty
Facilities arm, WorkPlace. WorkPlace has a gross GBP190 million value and employs 9,000 individuals. The combined Cofely and WorkPlace entity will generate approximately $1.2 billion revenue in Facilities Management.> Read More...

Aug 07, 2013    

EFS Facilities Service Group is selected by General Electric to provide Facilities Management services to sites in UAE and Oman. The scope of the extended service agreement includes building maintenance, janitorial & housekeeping, office support services, HSEQ management and catering services.> Read More...

Aug 07, 2013    

The University of Saskatchewan lay off 86 Facilities Management professionals and will leave 21 FM positions vacant as part of an effort to avoid a multi-million dollar budget deficit in the coming years.> Read More...

Aug 07, 2013    

UK's Johnson Service Group (JSG) announces the sale of its facilities management business,

SGP

HQ United Kingdom
Presence in:
   Europe & Russia
Provide:
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
SGP
, to Bell Rock Bidco, a private equity firm for a cash consideration of GBP 32.2 million. The move allows JSG to focus on its core textile business.> Read More...

Aug 06, 2013    

US-based

ABM Industries

HQ United States | 101,000 employees
Presence in:
   North America
Provide:
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Mobile Maintenance
Click on to view ABM Industries FM2i profile.
ABM
   will partner with France's

Derichebourg

HQ France
Presence in:
   Europe & Russia
Provide:
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Environmental Services
Derichbourg
after a joint venture between the two providers has been awarded a contract to provide Facilities Management and Support services to Sigonella US Navy Air Station in Italy. The scope of the contract includes labor, supervision, management, tools, materials, equipment, facilities, transportation, incidental engineering and other items necessary to provide base operation and support services. 75 individuals will be mobilized to support the account.> Read More...

Aug 06, 2013    

Jones Lang LaSalle

HQ United States | 36,600 employees
Presence in:
   North America
   Europe & Russia
   Asia-Pacific
   Middle-East & North Africa
   South America
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
   Environmental Services
   Mobile Maintenance
Click on to view Jones Lang LaSalle FM2i profile.
Jones Lang LaSalle
   acquires Kansas City-area commercial real estate firm Capital Realty. The deal allows JLL to add 90 properties and 5.4 million square feet to its portfolio under management.> Read More...

Aug 01, 2013    

UK's NHS takes over management of hospital following deaths for routine surgery and loss of patient records. The UK Government's unusual move to buy the privately-run hospital from Clinicenta, part of

Carillion

HQ United Kingdom | 50,000 employees
Presence in:
   North America
   Europe & Russia
   Middle-East & North Africa
Provide:
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
Carillion
, comes as some critic the former government for putting "a building company in charge of highly sensitive and complex surgical procedures".> Read More...

Aug 01, 2013    

ISS

HQ Denmark
Presence in:
   North America
   Europe & Russia
   Asia-Pacific
   South America
Provide:
   Real Estate Services
   Workplace Services
   Building Maintenance
   Plant, Utilities and Industrial Maintenance
ISS
completes the sale of its Nordic Damage Control activities in Norway, Denmark and Finland to funds advised by Agilitas Partners. Agilitas will continue to provide damage control services to ISS Integrated Facility Services customers as needed> Read More...

Jul 31, 2013    

Frances Schneider Electric has agreed to acquire UK engineering group Invensys for GBP3.4bn as it looks for a bigger share of the fast-growing industrial automation market.> Read More...

Jul 31, 2013    

Fine Facilities Management is awarded a contract by Dow Chemical Seal Sands to provide full mechanical, electrical and instrumentation maintenance services for its facility located in Teeside, UK.> Read More...

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