Management Contract of WBC Commercial Property Portfolio - AWARD

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.