?75M of Project Wins in London

RNS Number : 8929W

Clarke(T.) PLC

13 November 2014

 



TCLARKE UNVEILS £75M OF PROJECT WINS IN LONDON

The Board of TClarke plc, the Building Services Group ("the Group"), is delighted to announce important project wins in London.

As part of our announcement on the 8^th October we stated that several high value projects were in the latter stages of negotiation; we can now confirm that the Group will be providing engineering and installation services for several substantial new projects in the capital that will deliver combined revenues in excess of £75m.  The projects demonstrate the group's strong reputation in the capital's construction market.  The projects include. 

·      Beaufort Park, Hendon, Residentialblocks comprising of 240 1, 2 and 3 bedroom apartments and penthouses for St George part of the Berkeley Group. This thriving development has been designed to create a landmark destination in which residents can enjoy exclusive facilities and the atmosphere of beautifully landscaped gardens and courtyards.

·      London Wall Place, a 500,000 square feet commercial development designed by MAKE, delivering two landmark office buildings and an extensive landscaped public realm. The regeneration of this section of London Wall will bring renewed vibrancy to one of London's most important districts. The Principal Contractor for the scheme is Brookfield Multiplex.

·      One Angel Court, a Stanhope development for the replacement of a 1970's building in the Bank Conservation Area in the heart of the City of London. The Fletcher Priest scheme will provide 280,000 square feet of high quality office accommodation over 24 levels. The tower floors have spectacular and uninterrupted views of the City, River Thames and the West End. The Principal Contractor for the scheme is MACE.

·      Principal Place, Bishopsgate. An impressive 15-storey, 600,000 square feet office building with multiple roof terraces offering views across London together with a brand new public piazza comprising half an acre of public realm and an events space. There will be more than 20,000 square feet of retail space, including cafés and restaurants. The Principal Contractor for the scheme is Brookfield Multiplex.

·      Rathbone Square, The Great Portland Estates' development comprising of2.3 acres in London's West End between Rathbone Place and Newman Street. The mixed use scheme will include a new public square and 412,000 square feet of high quality offices, retail space and residential apartments. The Principal Contractor for the scheme is Lend Lease.

These new business wins, all of which are committed projects, are significant in their value and underpin the confidence which we see returning to our markets. These contracts add to previously reported project wins which included

·      Bank Underground Station Capacity Project

·      Bloomberg London

·      Mizuho Bank, London

·      Project Nova, Victoria

·      Romford ROC (Rail Operating Centre)

·      Selfridges

·      South Bank Tower

·      Tate Gallery

·      Victoria Underground Station Upgrade

Mark Lawrence CEO commented:

" This reinforces our very strong position in the London market.  As the market tightens, clients are keen to secure the best teams to work on their projects.  We are delighted that our long-standing reputation for delivering exceptional quality services has been rewarded with being selected for some of the most significant projects in London.

Our in-house engineering expertise and directly employed skilled resources are paramount to our clients and I am pleased that our collaborative approach and attention to detail have been recognised as we look forward to commencing our onsite activities on these projects next year."

Ends

Date 13^th November 2014

For further information contact:

TClarke plc
Mark Lawrence                            Martin Walton

Group Chief Executive                  Finance Director
Tel: [phone]                     Tel: [phone]

www.tclarke.co.uk    

N+1 Singer (Financial Adviser and Broker)

Sandy Fraser

Tel: [phone]

www.nplus1singer.com

Broker Profile

Simon Courtenay

Tel: [phone]

www.broker-profile.com

 

END

 

 

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