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Awarded

Independent Property Valuer Consultancy

Published

Supplier(s)

Avison Young (UK) Limited)

Value

415,800 GBP

Description

Glasgow City Council invites bids for SPF Property Valuer Consultancy under the Crown Commercial Services (CCS) framework agreement for Estates Management Services (Framework contract reference RM6818). Strathclyde Pension Fund investment strategy allocates 10% of total assets to UK property. The UK property portfolio is managed by DTZ Investors, has a current value of GBP 2,588m and comprises 55 individual properties covering the spectrum of industrial, office, retail and other sectors. Regular valuation of the property portfolio is required for performance measurement, monitoring, accounting and insurance purposes. The Fund’s established practice is to appoint a professional firm of independent valuers with relevant skills and experience, and sufficient resources, to support the Council in its role as administering authority for the Strathclyde Pension Fund.

Timeline

Award date

a year ago

Publish date

a year ago

Buyer information

Glasgow City Council

Contact:
Bobin Varughese
Email:
Bobin.Varughese@glasgow.gov.uk

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