Management Contract of WBC Commercial Property Portfolio - AWARD

West Berkshire Council · awarded 16 October 2024

Who

Buyer	West Berkshire Council Berkshire
Supplier	Lambert Smith Hampton Group Ltd
Category	services
Classification	Property management services of real estate on a fee or contract basis CPV 70330000
Notice published	15 November 2024

What it is for

It is proposed to seek to appoint a property agent through Lot 1 (Total Estate Management) of Crown Commercial Services framework RM6168 - Estate Management Services. The following is a list of the key services expected of the contract: o Disposals; Disposal of assets within the portfolio, including marketing, advice and reporting o Leasing and agency services; Undertake rent reviews, lease breaks/renewals, dilapidation negotiations and marketing and lettings of vacant properties o Property and facilities management; Provide financial and facilities management of the portfolio, rent collection, ensure statutory compliance, landlord and tenant management, including reporting. o Strategic portfolio management; Independent sourcing of suitable investments, stock screening, selection and scrutiny. Include access to both occupational and capital markets, financial investment analysis and due diligence on acquisitions.

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