July 8, 2015 -- ARCADIS (EURONEXT: ARCAD), the world's leading natural and built asset design & consultancy firm, today announced that it won a significant five year contract to provide global program management and regional delivery of HSBC's global capital expenditure program.

This is part of a growing trend for corporates to adopt a program management approach to capital expenditure delivery, seeking the additional efficiency and effectiveness benefits this brings.

HSBC has a property portfolio in excess of 50 million square feet. As global program manager, ARCADIS will be responsible for the oversight, assurance, planning and control of capital projects, with the aim of improving performance, reducing cost, controlling risk and reducing HSBC's environmental impact, in a sustainable manner.

ARCADIS will also be the primary service provider for project management, cost management, health & safety, sustainability and risk management for capital projects in the Europe, Middle East and Asia Pacific regions.

David Sparrow, Global Director of ARCADIS' Multinational Client programme said: "We are very pleased to have been appointed to this role and have the opportunity to expand our work with HSBC to many more markets and disciplines. Our ambition is to help HSBC transform its capital expenditure delivery in order to create sustainable competitive advantage for their business. Our teams will deliver the consistency and assurance of outcome that HSBC can rely on to enable it to succeed."

This appointment builds on ARCADIS' strength in program management within the banking and financial institutions sector having been appointed by Lloyds Banking Group earlier this year to run its design and construction function, and other such contracts with major global pharmaceutical companies and conglomerates.