Source: https://tendernation.io/opportunities/01a13c37-c579-7228-8024-e0e542f415ea/london-commercial-property-management

closed GB open procedure Suitable for SMEs

# London Commercial Property Management

[Peabody Trust](https://tendernation.io/buyers/peabody-trust)

Estimated value

Not stated

Published

31 Mar 2019

Deadline

Closed

8 Apr 2019

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

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## About this tender

Peabody Trust ("Peabody") is tendering the property management services for its London commercial property investment portfolio. As such we are proposing to hold a supplier open morning on Monday 8th April from 9am to 11am April at 45 Westminster Bridge Road, London SE1 7JB and gain expressions of interest from the market.

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.

## CPV classification

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

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/30b680df-1d09-46ad-87f5-21ed42d1de0a)

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