Integrated Solutions

Facilities management

Our sister company ETDE provides a range of facilities management services and turnkey solutions; from building maintenance, project work and life-cycle fund management to soft FM services including catering, cleaning, security and landscaping. We work with ETDE in a variety of ways, most often in partnership, or by using the company as a provider. With our ‘one team’ approach, we routinely involve our FM experts on a strategic level at design stage in our construction projects, to ensure cost-effectiveness and operational efficiency over time. ETDE has expertise in PPP that is recognised worldwide, and like us, is committed to providing truly sustainable solutions. The company is QSE and Investor in People certified and is active in the community.

Development

Together with Bouygues Development, our development work is enabling environments and communities to thrive. Across a wide variety of sectors, including commercial office space, mixed use developments and major regeneration schemes, we offer a comprehensive solution, which balances economic viability and value with social, community and environmental responsibility.

Private Rented Sector

Bouygues Development and Grainger plc, the UK’s largest listed residential landlord, have announced the creation of and their co-investment in a new Build-To-Let Fund (‘the Bouygues & Grainger Fund’ or ‘the Fund’). The Fund will provide institutional investors with the opportunity to invest in scale into the Private Rented Sector (‘PRS’) which to date has been relatively inaccessible.

The Fund is unique in that it has a dedicated portfolio of purpose built PRS development sites in London and South East of England.

The development sites are expected to provide over 1,000 residential assets on completion. The assets will be developed and built out by Bouygues over circa three and a half years, with construction expected to begin in Q1 2012 and the first units expected to complete in Q4 2013. Bouygues will manage the investment and construction process, while Grainger will undertake the operation of the portfolio after completion, including property management, lettings, facility management and fund and asset management.

The Fund benefits from an exclusive pipeline of projects developed by Bouygues Development, and offers investors the opportunity to acquire the sites at cost, which will enable the Fund to deliver superior returns. The Fund aims to provide an attractive coupon based return over the development and investment stages, and a return based on capital appreciation.

The Fund has been created with an eight year life, with an option to extend it by up to three years. Bouygues and Grainger will co-invest into the Fund upfront, and seek additional equity investment from institutional investors, totalling up to £150m.

The Fund is primarily designed to capitalise on the appetite of UK and overseas investors to put long term money directly into residential property in London and the South East. The Fund is also strongly aligned with the UK Government’s plans to increase the number of new homes being built, and the Housing Minister’s public land initiative.