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Awarded

London Commercial Property Management

Published

Supplier(s)

BNP Paribas Real Estate Advisory qnd Property Management UK Ltd

Value

3,000,000 GBP

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.

Timeline

Award date

5 years ago

Publish date

5 years ago

Buyer information

Peabody Trust

Email:
reena.nijjar@peabody.org.uk

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Notice topic

Property management services of real estate on a fee or contract basis

Related topics

Corrosion engineering servicesEngineering support servicesEngineering studiesMechanical and electrical engineering servicesMechanical engineering servicesGeotechnical engineering services

Source

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