What the buyer wrote
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…
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Awarded to
Details
- What the buyer calls it
- London Commercial Property Management
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 8 Sep 2019
- Work ends
- 10 Sep 2029
- Kind of work
- Facilities management
Who the buyer named
The buyer published a contact address on this notice.