---
title: "London Commercial Property Management"
ocid: "ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "PEABODY TRUST"
published: "2019-03-31"
---

# London Commercial Property Management

Buyer: PEABODY TRUST  
Current stage: Tender  
OCID: ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a

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## Summary

The Peabody Trust is currently conducting a tender for property management services for its commercial property investment portfolio in London. The tender, titled "London Commercial Property Management," is part of a planned procurement process set to conclude on 8th April 2019. The selected contractor will manage properties located within a 30-mile radius of London, potentially expanding into surrounding counties, with a contract starting on 30th April 2019 and lasting until 31st March 2023. The managing portfolio is valued at approximately £85 million and generates an annual income of around £4 million, with anticipated growth projected in the coming years.

This tender presents a prime opportunity for businesses specialising in property management services, particularly small and medium-sized enterprises (SMEs) that have the capacity to manage commercial real estate. Companies with experience in mixed-use developments or those familiar with the London market would be particularly well-suited to compete. The open morning on 8th April will serve as an ideal platform for interested parties to express their interest and engage directly with Peabody Trust, potentially paving the way for lucrative contracts and the expansion of their service offerings.

## Notice

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 PS4 million pa and a value of circa PS85 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/35594000-52e4-402e-b4a6-7ad2c2a69f0f |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Mar 2019 |
| Submission deadline | 8 Apr 2019 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 29 Apr 2019 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PEABODY TRUST |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 7JB |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | St George's |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70330000 - Property management services of real estate on a fee or contract basis

## Release History

- 31 Mar 2019 at 12:06 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/35594000-52e4-402e-b4a6-7ad2c2a69f0f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/35594000-52e4-402e-b4a6-7ad2c2a69f0f
  31st March 2019 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=371727800
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-30b680df-1d09-46ad-87f5-21ed42d1de0a.json.