Innisfree’s 4 defence projects represent 20% of the portfolio with a combined capital value of £2.9 billion. Allenby and Connaught, the largest of these projects, is an accommodation project which will provide modern housing and services for almost 30% of the British Army.

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Defence accommodation
Operating? Financial close Construction
completion
Project capex £m Innisfree % of equity Construction and Facilities Management Partners
Allenby & Connaught
UK
Yes April
2006
September
2014
1,826 38 Carillion
KBR
Sodexo
Babcock
Veolia
EDF
MOD Main Building
UK
Yes May
2000
July
2004
531 74 Skanska
Amey
ESS/Compass
NAP Cheltenham
UK
Yes June
2000
June
2003
452 50 Carillion
G4S
Devonport
UK
Yes July
2004
March
2008
87 50 Interserve