Styles & Wood gets £100m framework boost

LISTED Manchester property company Styles & Wood has been appointed to a framework expected to deliver £100m over the next five years.

The firm has been appointed as one of four strategic partners by the world’s largest banking and financial services organisations for the delivery of its UK Capital Plan.

The client has consolidated its real estate work streams including data centres, critical facilities, office and retail interests. 

Styles & Wood anticipates playing an active role in delivering projects and programmes across its comprehensive property portfolio.

Mobilisation and induction is planned to start soon with delivery in place by November 2016.

Styles & Wood chief executive Tony Lenehan said: “This five year framework, which provides further evidence of the strength of our business model, broadening customer base and diversification strategy.

“As new technologies and practices continue to drive fundamental changes within the banking and finance sector, our unique skill set, experience and technical capabilities leave us well positioned to provide the specialist services required by major financial institutions.”

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