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Balfour Beatty signs office deals totalling £100m

16 Jan 12 Balfour Beatty has been awarded three commercial building contracts totalling £100m.

In the City of London, Balfour Beatty has been awarded a two phase contract, totalling £57m, to build AXA Real Estate's Sixty London prime office development.

The contractor has also won another £25m job in the City to deliver an 11-storey office building for Viridis Real Estate Service on behalf of its client Emmatown Properties.

On both schemes, a high percentage of the building services engineering will be delivered using Building Information Modelling (BIM) and off-site prefabrication solutions to cut waste and boost efficiency.

The third contract is in Glasgow, where Balfour Beatty has been awarded an £18m contract to build a new five-storey residential and retail scheme at 185-221 Buchanan Street in the city centre. Client here is Land Securities.

All three projects are due for completion in 2013.

Commenting on the awards, Balfour Beatty chief executive Ian Tyler said: "We are delighted to see encouraging signs of renewed activity in the London commercial sector and to be able to demonstrate our diverse capabilities which enable us to take advantage of such growth opportunities. We have been able to harness technology to create innovative solutions for our customers and look forward to working with them in delivering these first class schemes."

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