Published date: 2 May 2019
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Property management services of real estate on a fee or contract basis - 70330000
Location of contract
London
Value of contract
£0
Procurement reference
BIP392410788
Published date
2 May 2019
Closing date
29 May 2019
Contract start date
3 September 2019
Contract end date
31 August 2029
Contract type
Service contract
Procedure type
Negotiated procedure
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
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.
More information
Links
-
- https://www.delta-esourcing.com/tenders/UK-UK-London:-Property-management-services-of-real-estate-on-a-fee-or-contract-basis./5PQK2652YX
- Tender notice
- Please follow this link to view the notice.
About the buyer
Address
Minster Court
45-47 Westminster Bridge Road
London
SE1 7JB
UK
Telephone
+447715634164
Share this notice
Closing: 29 May 2019