London Commercial Property Management
Details
- Buyer
- Peabody Trust
- Value
- £3,000,000
- Duration
- 10 years
- Topic
- Property management services of real estate on a fee or contract basis
- Published
- 13 September 2019
- Source
- ContractsFinder
Tender 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
- Completed: Award date23 August 2019
- Completed: Award published13 September 2019Current notice
- Next: Contract expiry date10 September 2029in 3 years
About the buyer
Peabody Trust is a housing association managing homes across London and the Home Counties through a central procurement team. Peabody lists on ProcureCo, a marketplace connecting housing providers with suppliers before tenders go live. Framework agreements let successful suppliers take call-off contracts without a fresh tender. New suppliers pass an Alcumus pre-qualification check covering health, safety, sustainability, quality and risk management before starting any work.
Over the past 5 years, most of Peabody Trust's contract awards have been in architectural and engineering services, construction work and business services.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@peabody-trust.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@peabody-trust.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@peabody-trust.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@peabody-trust.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@peabody-trust.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@peabody-trust.gov |
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