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| Morgan Sindall Group secures £350 million-plus contract Morgan Sindall Investments Ltd (MSIL), the investment unit of the Morgan Sindall Group, has signed contracts with Bournemouth Borough Council for the Bournemouth Town Centre Vision Local Asset Backed Vehicle (LABV) scheme. The 20-year project, which has a development value of between £350 million and £500 million, is a 50/50 joint venture Public Private Partnership between Bournemouth Borough Council and MSIL. The scheme will deliver a range of residential and mixed-use development including leisure attractions, new housing, shops and offices across 17 sites in the town centre. MSIL will provide funding for the ongoing development of projects, matching the land value contribution of Bournemouth Borough Council. write your comments about the article :: © 2011 Construction News :: home page |