Published date: 2 March 2021
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Pension investment services - 66131100
Location of contract
North West
Value of contract
£12,000,000
Procurement reference
TAME001-DN470007-09372958
Published date
2 March 2021
Closing date
3 July 2020
Closing time
1am
Contract start date
1 September 2020
Contract end date
31 August 2027
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
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.
More information
Previous notice about this procurement
Northern LGPS Property Framework
- Opportunity
- Published 11 May 2020
Links
-
- https://procontract.due-north.com/Advert?advertId=7f1d9d79-1c83-ea11-80ff-005056b64545
- Tender notice
- The Chest
Additional text
-
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.
Award information
Awarded date
4 January 2021
Contract start date
15 March 2021
Contract end date
14 March 2028
Total value of contract
£12,000,000
This contract was awarded to 24 suppliers.
AEW UK Investment Management LLP
Address
SW1Y 6DN
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Aviva Investors
Address
EC2R 8EJ
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
CBRE Global Investors
Address
EC4M 9AF
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
DTZ Investment Management
Address
EC2N 1AR
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Federated Hermes
Address
EC2V 6ET
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
LaSalle Investment Management
Address
W1J 5HD
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
LGIM
Address
EC2R 5AA
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
M&G Real Estate Limited
Address
EC3M 5AG
Reference
None
Supplier is SME?
No
Supplier is VCSE?
Yes
Mayfair Capital Investment Management Limited
Address
W1T 3PT
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
PGIM Real Estate
Address
WC2N 5HR
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Schroders
Address
EC2Y 5AU
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
UBS Global Asset Management
Address
EC2M 2QS
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Aberdeen Standard Investments
Address
EH2 2LL
Reference
None
Supplier is SME?
No
Supplier is VCSE?
Yes
BNP Paribas Real Estate Advisory & Property Management UK Li
Address
EC2V 7BP
Reference
None
Supplier is SME?
No
Supplier is VCSE?
Yes
CBRE Capital Advisors Limited
Address
W1G 0NB
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Avison Young (UK) Ltd
Address
B1 2JB
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Cushman & Wakefield
Address
EC2N 1AR
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Knight Frank
Address
N2 9EL
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Savills (UK) Ltd
Address
W1G 0JD
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
APAM Ltd
Address
W1U 1AY
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Colliers International Property Advisers UK LLP
Address
W1U 7GA
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Columbia Threadneedle Investment
Address
EC4N 6AG
Reference
None
Supplier is SME?
No
Supplier is VCSE?
Yes
Palmer Capital
Address
W1S 3AE
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
Praxis Real Estate Management
Address
W1S 1YQ
Reference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
About the buyer
Contact name
Natalie McCarthy
Address
4th Floor, Waterside House
Waterside Plaza
Sale
M33 7ZF
United Kingdom
Telephone
+44 1619121616
Natalie.McCarthy@star-procurement.gov.uk
Website
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Closing: 3 July 2020, 1am