Construction, property and maintenance group Rok predicted said it would look to gradually reduce its exposure to the commercial property sector, which it predicted would remain under pressure for th next few years. FT, Times
The groups core areas are building and maintenance, which make up 90% of profits.
In November Rok warned that profits from its property development arm would be £2m lower than expected, but said that the shortfall would be made up by better than expected profits from its other divisions.