Integrated property services and project delivery specialist Styles&Wood has been to a national banking sector framework expected to deliver revenues in excess of £100m.
Under the five-year framework, the AIM-listed business will support the client in the consolidation of its real estate, and deliver refurbishment and fit-out work across its portfolio of data centres, critical facilities, offices and retail stock. Styles&Wood is one of four strategic partners appointed to deliver the work.
The news is the latest in a number of multimillion pound framework appointments for Styles&Wood in the retail banking sector. In 2015 banking and financial services sector accounted for 20 per cent of total group revenue.
Tony Lenehan, CEO of Styles&Wood Group, said: “As new technologies and practices continue to drive fundamental changes within the banking and finance sector, our unique skill set, experience, technical capabilities and business model put us in a strong position to meet these new needs.
“This framework win is the latest we’ve been appointed to deliver with a major financial institution. We have carved out a strong position in the sector and building on our already varied portfolio of blue chip clients remains a central part of our diversification strategy.”