Award

Lease Renewal for Floor 2, 7 Air Street, London

THE CROWN ESTATE

This public procurement record has 1 release in its history.

Award

24 Jul 2025 at 13:42

Award Notice
Summary of the contracting process

The Crown Estate has successfully completed the procurement process for a leasing project titled "Lease Renewal for Floor 2, 7 Air Street, London," with the award stage reached as of 24th July 2025. This contract, falling under the services category, specifically relates to real estate agency services. It involves a direct procurement method through a single tender action, which is under the threshold. The awarded contract, with a value of £35,000, spans from 14th April 2025 to 14th April 2026 and is situated in the United Kingdom. The Crown Estate, headquartered in London, served as the procuring authority.

This tender presents opportunities for businesses, particularly small and medium-sized enterprises (SMEs), involved in real estate and property management sectors. The contract was awarded to August Real Estate Asset Management Limited, a company identified within these sectors, showcasing the potential for growth for similar firms. Smaller businesses with expertise in real estate agency services on a fee or contract basis would be well-positioned to compete for similar opportunities in the future procurement activities of The Crown Estate.

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Notice Information

Notice Title

Lease Renewal for Floor 2, 7 Air Street, London

Notice Description

Appointment of Letting Agent relating to Lease Renewal for Floor 2, 7 Air Street, London, W1

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ed1e257-efda-4067-9c19-1ed81340909d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/03bab156-63e4-44ab-907a-bd6ed8673d18
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70300000 - Real estate agency services on a fee or contract basis

Notice Value(s)

Tender Value
£35,000 Under £100K
Lots Value
Not specified
Awards Value
£35,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20257 months ago
Submission Deadline
12 Apr 2025Expired
Future Notice Date
Not specified
Award Date
12 Apr 202510 months ago
Contract Period
13 Apr 2025 - 14 Apr 2026 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE CROWN ESTATE
Contact Name
Procurement Team
Contact Email
tenders@thecrownestate.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1Y 4AH
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AUGUST REAL ESTATE ASSET MANAGEMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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