Awarded Contract: UK Property Management Services for the RBKC Pension Fund

The RBKC pension fund ("the pension fund") has a warded a contract to increase its allocation of UK property investments from the current level of around 5% to around 20%, through a bespoke segregated property portfolio. The service provided will help the pension fund build and maintain a direct property portfolio and provide ongoing management services for the portfolio, including to:

- Advising on property acquisitions and disposals - Executing acquisitions and disposals, including contract negotiations and executions - Managing interaction with tenants and property management, including rent roll - Advising the Investment Committee on strategy; and - Considering and implementing structures to hold assets

Additional information: This procurement was executed through the Council's electronic procurement portal, capitalEsourcing.