Scottish Widows buys BAM HQ

Scottish Widows Investment Partnership (SWIP) has acquired the regional headquarters of Dutch construction group BAM from BAM Utiliteitsbouw and OVG Projectontwikkeling who are developing the building together. Construction work on 7,000 m[sup]2[/sup] BAM house is to start in February and the building is to be delivered by February 2008. The transaction price was not disclosed. Pierre Gautier Architecten from Rotterdam has been hired as the architect.

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