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London Commercial Property Management

Peabody Trust Published 13 Sept 2019 Contracts Finder

key details

Value£3,000,000
Statuscomplete
Category (CPV) 70330000
RegionLondon
Deadline23 Aug 2019
Contract start9 Sept 2019
Contract end10 Sept 2029
Procedureselective
SME suitableYes
OCIDocds-b5fd17-be2206ea-b091-462b-991b-2c09c18b65cb

Award

SupplierValueDateStatus
BNP Paribas Real Estate Advisory & Property Management UK Li £3,000,000 22 Aug 2019 active

description

Peabody Trust ("Peabody") is tendering the property management services for its London commercial property investment portfolio.

Peabody has, to date, not acted as a commercial property focused developer but has retained its commercial property assets delivered through planning and the portfolio is associated with both historic and current residential development. Whilst the current portfolio is situated throughout London, Peabody now operates with a 30 miles radius of London so there may be commercial units in future schemes in surrounding counties. The current portfolio yields an income of circa £4 million pa and a value of circa £85 million. Based on our current mixed-use development pipeline, we envisage that this rent roll is likely to more than double over the next five years.

documents

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notice history

3 notices published against this procurement.

PublishedTypeRegimeNotice
31 Mar 2019 Tender (tender) · 35594000-52e4-402e-b4a6-7ad2c2a69f0f-279542
2 May 2019 Tender (tender) · 3130c4c8-c1bb-466b-bdf4-5b8fd8aefc37-287142
13 Sept 2019 Award (award) · ef56a777-6a8f-433a-833e-666099522b30-313724

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