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Fluor breaks ground for new UK headquarters

Fluor Corp announced that several of its senior executives, along with notable UK Government officials, local dignitaries and SEGRO executives participated in the official groundbreaking ceremony for Fluor's new UK headquarters in Farnborough.

In November 2008, Fluor announced the relocation of its UK operations centre to SEGRO's IQ Farnborough development in Hampshire. While financial terms of the transaction were not disclosed, it was reported that the deal was one of the largest real estate transactions in the Thames Valley since 2001.

Construction of the new campus is now underway, with completion expected by mid-2010. Fluor has been headquartered in Camberley since the mid-1980s and has maintained a permanent operation centre in the UK for more than 50 years.

Fluor's new UK headquarters will include a state-of-the art, four-building complex comprising approximately 210,000 square feet. It will consist of one building of approximately 76,000 square feet owned by Fluor and an additional 134,000 square feet of leases in three other adjoining buildings. All four buildings will be new construction. Fluor's current UK office is located in Camberley, Surrey, which is a short five miles from the new office site.



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