Big players go for growth

Article Abstract:

Facilities management companies in the UK should benefit from the Private Finance Initiative and should see a growth in demand from the private sector. Serco is one company that is moving toward a private sector market following expansion through public sector work. Chesterton has expanded in facilities management through acquisitions. US multinationals have had a major impact on the UK facilities management market in terms of demand. Facilities management appears to be an emerging profession in the UK.

Private sector

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Facilities management: companies tune in to FM

Article Abstract:

Facilities management is a growth area in the UK despite critical comments of downsizing policies made by Stephen Roach, economist. Facilities management tends to involve a long-term contract to manage non-core services. There are different types of activities from blue collar work, management to consultancy. Facilities managers may be used for security, catering and the management of buildings. Landlords such as pension funds that own buildings may use a real estate management service, for example.

Convention Facility Support Svcs, Computer facilities management, Real estate management firms, Convention services

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Brighter view for Birchin

Article Abstract:

Birchin operates training and conference centers. The company was previously called Rushmere Wynne and acquired Fairplace Consulting's training interests in 1997. Acquisitions are planned to expand the company's residential training operations. Social gatherings are allowed to boost occupancy rates for the company's buildings. Real estate acquisitions have boosted both assets and debts. The company could achieve a profit of 600,000 pounds sterling fro 1998.

Conference Management, Management, Conferences and conventions, Conference management services, Birchin International

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