Developer also branches out into FM
Manchester developer Bruntwood is branching out with the launch of new contracting, facilities and energy arms.
The contracting business, CubicWorks, will provide fit-out, refurbishment, design and build and M&E services and has already been appointed to a 拢2m office refurbishment job in Manchester for Bywater Properties.
Over 50 Bruntwood employees have been transferred to the new outfit, including a leadership team consisting of former building contracting and consultancy director Shan Khambata, former head of building and construction in the north Mark Spavin and former head of project contracting Mark Wright.
Bruntwood chief executive Chris Oglesby said the move would 鈥渟hake-up the provision of contracting services right across the UK鈥.
The new facilities management venture, Unify, has already chalked up an 拢8m-strong order book with 30 M&E repair and maintenance, energy and cleaning contracts.
Unify Energy will focus on buying renewable energy and will offer support for clients which aim to use on-site energy generation.
Bruntwood, which was founded in the mid-1970s, saw its turnover jump 16% to 拢160m in its last set of accounts for the year ending 30 September 2019.
But pre-tax profit for the same period fell to 拢52m, down from 拢116m in 2018.
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