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Northern LGPS Property Framework

Tameside Metropolitan Borough Council Published 11 May 2020 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£12,000,000
Statuscomplete
Category (CPV) 66131100
RegionNorth West
Deadline3 Jul 2020
Contract start1 Sept 2020
Contract end31 Aug 2027
Procedureopen
SME suitableYes
OCIDocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4

Awards (24)

This procurement was awarded to 24 suppliers. Values shown are per-award; the notice total is £12,000,000.

SupplierValueDateStatus
AEW UK Investment Management LLP shared £12,000,000 4 Jan 2021 active
Aviva Investors shared £12,000,000 4 Jan 2021 active
CBRE Global Investors shared £12,000,000 4 Jan 2021 active
DTZ Investment Management shared £12,000,000 4 Jan 2021 active
Federated Hermes shared £12,000,000 4 Jan 2021 active
LaSalle Investment Management shared £12,000,000 4 Jan 2021 active
LGIM shared £12,000,000 4 Jan 2021 active
M&G Real Estate Limited shared £12,000,000 4 Jan 2021 active
Mayfair Capital Investment Management Limited shared £12,000,000 4 Jan 2021 active
PGIM Real Estate shared £12,000,000 4 Jan 2021 active
Schroders shared £12,000,000 4 Jan 2021 active
UBS Global Asset Management shared £12,000,000 4 Jan 2021 active
Aberdeen Standard Investments shared £12,000,000 4 Jan 2021 active
BNP Paribas Real Estate Advisory & Property Management UK Li shared £12,000,000 4 Jan 2021 active
CBRE Capital Advisors Limited shared £12,000,000 4 Jan 2021 active
Avison Young (UK) Ltd shared £12,000,000 4 Jan 2021 active
Cushman & Wakefield shared £12,000,000 4 Jan 2021 active
Knight Frank shared £12,000,000 4 Jan 2021 active
Savills (UK) Ltd shared £12,000,000 4 Jan 2021 active
APAM Ltd shared £12,000,000 4 Jan 2021 active
Colliers International Property Advisers UK LLP shared £12,000,000 4 Jan 2021 active
Columbia Threadneedle Investment shared £12,000,000 4 Jan 2021 active
Palmer Capital shared £12,000,000 4 Jan 2021 active
Praxis Real Estate Management shared £12,000,000 4 Jan 2021 active

description

The Northern LGPS (GMPF, MPF, & WYPF) wishes to set up a framework for Investment Property Management Services. Full details of the requirements are set out in the tender pack. In summary, the framework will comprise 6 areas of work divided into Lots. Each Lot will have a number of providers, from whom each of the funds can procure services by way of a mini-competition depending on its needs. As can be seen, the current total value of mandates across all three funds is £2 billion (£2,000,000,000). Some of the current mandates overlap across the way the Lots have been divided up, and so the total amount of mandated work from a particular fund may not increase significantly when divided across the Lots. The Northern LGPS estimates that mandates totalling approximately £2 bn - £2.5 bn may be awarded under the lifetime of the framework across all Lots.

Additional information:

DO NOT contact the buyer direct. You should go to the Chest and electronically express your interest in the requirement, after which point the necessary documentation will be made available to you. All correspondence in regards to this requirement must through the messages function of the Chest, no correspondence will be issued by STAR, the Council, or GMPF outside of the Chest.

documents

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
2 Mar 2021 Award (award) · 612840cc-5749-4e19-aacd-d749813d9cb3-416712

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