Awarded Contract: UK Property Management Services for the RBKC Pension Fund
key details
| Value | £17,100,000 |
|---|---|
| Status | complete |
| Category (CPV) | 70300000 |
| Region | London |
| Deadline | 25 Feb 2019 |
| Contract start | 13 May 2019 |
| Contract end | 12 May 2034 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-e049030b-0324-4a42-9db9-4dd27c8fd53c |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| CBRE Limited | £6,160,000 | 24 Apr 2019 | active |
description
The RBKC pension fund (\"the pension fund\") has a warded a contract to increase its allocation of UK property investments from the current level of around 5% to around 20%, through a bespoke segregated property portfolio. The service provided will help the pension fund build and maintain a direct property portfolio and provide ongoing management services for the portfolio, including to:
| - | Advising on property acquisitions and disposals |
| - | Executing acquisitions and disposals, including contract negotiations and executions |
| - | Managing interaction with tenants and property management, including rent roll |
| - | Advising the Investment Committee on strategy; and |
| - | Considering and implementing structures to hold assets |
Additional information:
This procurement was executed through the Council's electronic procurement portal, capitalEsourcing.
documents
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/2c22f0a3-9169-4e5a-b1be-590964adcc4a , tenderNotice
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/aabd290b-e932-4d2b-91dc-226c171587dd , tenderNotice
- https://www.contractsfinder.service.gov.uk/Notice/e4a478ec-c924-455e-a339-cf8efe9de478 , tenderNotice
- http://wwww.capitalesourcing.com , 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 |
|---|---|---|---|
| 24 May 2019 | Award update (awardUpdate) | · | 3f25bc0b-f26d-4383-8d32-1740fbefd867-291345 |
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source
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