Morgan Sindall ups its stake in waterside regeneration joint venture ISIS

CONSTRUCTION firm Morgan Sindall has increased its investment in ISIS Waterside Regeneration.

The Rugby-based company told the London Stock Exchange this morning that its urban regeneration division Muse Developments has increased its stake in the regeneration partnership from 25% to 50% at a cost of £20.5m.

ISIS, which undertakes regeneration of waterside sites in the UK, is a joint venture between the Canal & River Trust and the investment vehicle Warp 4 Limited Partnership. Muse has acquired the remaining 50% intere... For the full story register now for free or login below...