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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cumberland Resources Nickel Corp | CSE:LAND | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.035 | 0.04 | 0.045 | 0.04 | 0.045 | 240,000 | 18:30:33 |
RNS Number:1092T Land Securities Group Plc 10 December 2003 10 December 2003 Land Securities finalises contracts for the Employment ServiceS Estate Further to its announcement on 14 October 2003 that commercial terms had been agreed, Land Securities Group PLC confirms that its subsidiary Land Securities Trillium has signed contracts with the Department for Work and Pensions to expand its existing property outsourcing agreement to include the former Employment Services Estate ("ESE"). On 15 December the ESE will be integrated into the existing PRIME (Private Sector Resource Initiative for the Management of the Estate) agreement. Following the contract expansion both the Department for Work and Pensions and Employment Services estates will be run as one, under a single expanded contract expiring in 2018. The additional annual income paid to Land Securities Trillium for the expanded contract will be #147 million. The ESE comprises 1,078 Jobcentres and administrative buildings totalling 834,000 sq m, evenly spread throughout the UK. The combined estate of 1,807 buildings will total some 2.5 million sq m of which approximately 765,000 sq m is freehold. Land Securities Trillium will be responsible for the payment of #165 million of leasehold rents under the combined agreement as well as the provision of a wide range of property services through third party service partners. - Ends - For further information: Land Securities Ian Ellis/Emma Denne Tel: 0207 413 9000 Financial Dynamics Stephanie Highett/Dido Laurimore 020 7831 3113 Notes to Editors Land Securities Trillium, part of the Land Securities Group, is one of the UK's leading providers of total property outsourcing solutions. Land Securities Trillium currently owns or manages over 7,400 properties covering 7.5 million sq m throughout the UK. Clients include the Department for Work and Pensions, the BBC and BT. The Department for Work and Pensions original estate (the PRIME contract) comprises 650 properties covering 1.7 million sq m which are evenly spread throughout the UK. This information is provided by RNS The company news service from the London Stock Exchange END CNTTMBATMMABBLJ
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