Innisfree shortlisted for embassy

Article Abstract:

Innisfree PFI has linked with Kajima, Deloitte Touche, Herbert Smith and Procord to form a grouping known as Embassy Partnership. Along with Norwest Holst with Berwin Leighton and Charterhouse Bank and Bilfinger and Berger with Kleinwort Benson and Dresdner Bank, this grouping has been shortlisted for the PFI development of a new British embassy in Berlin, Germany. The shortlisted bidders must be prepared to accept responsibility for realisation, construction and equipping of the development, as well as financing the scheme.

Planning, Design and construction, Embassy buildings, Embassies, Innisfree PFI

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PPM's prime cuts

Article Abstract:

Partnership Property Management (PPM), a consortium headed by Goldman Sachs, is to provide serviced accommodation to the UK department of social security (DSS). This will follow a PRIME transaction under which the DSS estate passes into the ownership of PPM. The deal is scheduled to be signed before the end of 1997, with handover due in Apr 1998. However, it will first be necessary to re-measure the short-leasehold element of the estate and to undertake further detailed surveys of between 300 and 400 buildings.

Management, Contracts, Buildings and facilities, Public buildings, United Kingdom. Department of Social Security, Partnership Property Management

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