Expired contract

Disposal Agents - City's Estate Properties

Details

Supplier(s)
CBRE Limited
Value
£350,000
Duration
1 year
Topic
Property management services of real estate on a fee or contract basis
Published
2 November 2023

Tender description

Sales agent required to market and dispose of: iii. South Molton Street Estate comprising 16 property assets: City's Estate Properties. With the ability to add further properties in the future Direct award via CCS RM6168 Estate Management Services Framework, Lot 3.

Timeline

  1. Completed: Award date21 March 2023
  2. Completed: Award published2 November 2023
    Current notice
  3. Completed: Contract expiry date20 March 2024

About the buyer

City of London Corporation buys as a local authority, and sets out its own procurement policies and requirements for suppliers. Its City Fund draws on rental and interest income from the Corporation's own property, alongside business rates and council tax. The Corporation also runs soft market testing to shape future procurements with suppliers.

A three-year Commercial Pipeline gives suppliers early visibility of larger opportunities.

Over the past 5 years, most of City of London Corporation's contract awards have been in architectural and engineering services, business services and construction work.

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