ISG awarded Center Parcs contract
Interior Services Group (ISG) has secured a multi-million pound contract to build the accommodation element of the new Center Parcs Woburn Forest holiday village in Bedfordshire.
Interior Services Group (ISG) has secured a multi-million pound contract to build the accommodation element of the new Center Parcs Woburn Forest holiday village in Bedfordshire.
ISG will construct 625 lodges around the 365 acre site, with the first guests due to arrive in spring of 2014.
The £61m deal marks the continuation of the ISG's relationship with Center Parcs owner, private equity firm Blackstone, having previously built student accommodation blocks for the company.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The share price rose 4.08% to 127.50p by 09:30.
NR
-
FTSE 100 hits record highs – why is it rising and will we see more gains?
Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
By Marc Shoffman Published
-
How to invest in copper
It may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
By Dominic Frisby Published