Northern LGPS Property Framework
key details
| Value | £12,000,000 |
|---|---|
| Status | complete |
| Category (CPV) | 66131100 |
| Region | North West |
| Deadline | 3 Jul 2020 |
| Contract start | 1 Sept 2020 |
| Contract end | 31 Aug 2027 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-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.
| Supplier | Value | Date | Status |
|---|---|---|---|
| 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
- https://www.contractsfinder.service.gov.uk/Notice/608fd283-854a-441f-bad7-55aa09a806cf , tenderNotice
- https://procontract.due-north.com/Advert?advertId=7f1d9d79-1c83-ea11-80ff-005056b64545 , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 2 Mar 2021 | Award (award) | · | 612840cc-5749-4e19-aacd-d749813d9cb3-416712 |
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source
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