---
title: "8532: Northern LGPS Property Framework"
ocid: "ocds-h6vhtk-028c40"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028c40"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-028c40.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-028c40.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "TAMESIDE METROPOLITAN BOROUGH COUNCIL ACTING AS ADMINISTRATING AUTHORITY FOR THE GREATER MANCHESTER PENSION FUND"
published: "2021-01-21"
---

# 8532: Northern LGPS Property Framework

Buyer: TAMESIDE METROPOLITAN BOROUGH COUNCIL ACTING AS ADMINISTRATING AUTHORITY FOR THE GREATER MANCHESTER PENSION FUND  
Current stage: Award  
OCID: ocds-h6vhtk-028c40

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## Summary

The procurement process for the "Northern LGPS Property Framework" is being led by Tameside Metropolitan Borough Council, acting as the administrating authority for the Greater Manchester Pension Fund. The tender involves the provision of services in the pension investment sector, specifically focusing on property management and advisory services. Located in the UK, this procurement process is currently in the award stage, having been initiated through an open procedure method. The tender went live on January 4, 2021, and is related to multiple lots, including management of direct property portfolios and advisory services across the North West of England and West Yorkshire.

This tender presents significant opportunities for businesses in the property management, valuation, and advisory sectors, particularly those with expertise in managing large property portfolios or in providing consultancy services. Companies with capabilities in investment management or property valuation, particularly those familiar with the UK market and local authorities, would be well-suited to compete. The diverse range of lots within this framework also allows smaller firms to participate alongside larger investment management companies, thereby enhancing competition and innovation in service delivery.

## Notice

Lot 1 is for the management of a discretionary UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis. Lot 2 is for the management of an advisory UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis. Lot 3 is to provide property management services on a UK property portfolio (that is predominantly invested in core property on an unleveraged basis). Lot 4 is to appoint an advisor of management and consultancy services in relation to a regional investment portfolio focused on the North West of England and West Yorkshire. The successful advisor will be expected to make recommendations to the member Funds within the Pool. Lot 5 is to provide property valuation services, potentially on a range of UK property portfolios, ranging in size from cPS300m to over PS1bn. Lot 6 is for the management of a portfolio of UK properties deemed to require intensive asset management, for example, longstanding vacancy, refurbishment/capital expenditure risk, short WAULTs with renewal risk.

### Lot Information

1: UK Property Discretionary Mandate

Lot 1 is for the management of a discretionary UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis

2: UK Property Advisory Mandate

Lot 2 is for the management of an advisory UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis.

3: UK Property Management Mandate

Lot 3 is to provide property management services on a UK property portfolio (that is predominantly invested in core property on an unleveraged basis).

4: Regional Property Advisory Mandate

Lot 4 is to appoint an advisor of management and consultancy services in relation to a regional investment portfolio focused on the North West of England and West Yorkshire. The successful advisor will be expected to make recommendations to the member Funds within the Pool.

5: UK Property Valuer Mandate

Lot 5 is to provide property valuation services, potentially on a range of UK property portfolios, ranging in size from cPS300m to over PS1bn.

6: UK property Asset Management Mandate

Lot 6 is for the management of a portfolio of UK properties deemed to require intensive asset management, for example, longstanding vacancy, refurbishment/capital expenditure risk, short WAULTs with renewal risk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/001258-2021 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Jan 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 4 Jan 2021 |
| Contract period | Not specified |
| 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 | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TAMESIDE METROPOLITAN BOROUGH COUNCIL ACTING AS ADMINISTRATING AUTHORITY FOR THE GREATER MANCHESTER PENSION FUND |
| Additional buyers | CITY OF BRADFORD DISTRICT COUNCIL ACTING AS ADMINISTRATING AUTHORITY FOR THE WEST YORKSHIRE PENSION FUND; WIRRAL COUNCIL ACTING AS ADMINISTRATING AUTHORITY FOR THE MERSEYSIDE PENSION FUND |
| Locality | DROYLSDEN |
| Post town | Manchester |
| Postcode | M43 6SF |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE41 Bradford |
| Local authority | Bradford |
| Electoral ward | City |
| Westminster constituency | Bradford West |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 25 |
| Supplier names | ABERDEEN ASSET MANAGERS LIMITED OPERATING UNDER THE BRAND NAME OF ABERDEEN STANDARD INVESTMENTS; AEW UK INVESTMENT MANAGEMENT; APAM; AVISON YOUNG (UK; AVIVA INVESTORS GLOBAL SERVICES LIMITED (‘AIGSL; BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT; CBRE; CBRE GLOBAL INVESTORS; CBRE INDIRECT INVESTMENT SERVICES; COLLIERS INTERNATIONAL PROPERTY CONSULTANTS; CUSHMAN & WAKEFIELD DEBENHAM TIE LEUNG; DTZ INVESTORS; FIERA REAL ESTATE; HERMES INVESTMENT MANAGEMENT LIMITED (HIML; KNIGHT FRANK; LA SALLE INVESTMENT MANAGEMENT; LEGAL & GENERAL INVESTMENT MANAGEMENT (LGIM; M&G REAL ESTATE; MAYFAIR CAPITAL INVESTMENT MANAGEMENT; PGIM REAL ESTATE (UK; PRAXIS (HOLDINGS; SAVILLS (UK; SCHRODER REAL ESTATE INVESTMENT MANAGEMENT; THREADNEEDLE ASSET MANAGEMENT; UBS ASSET MANAGEMENT (UK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 70 - Real estate services
- 71 - Architectural, construction, engineering and inspection services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66131000 - Security brokerage services
- 66131100 - Pension investment services
- 66140000 - Portfolio management services
- 66523000 - Pension fund consultancy services
- 70332000 - Non-residential property services
- 71315200 - Building consultancy services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 21 Jan 2021 at 16:00 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/001258-2021

## Notice URLs

- http://www.star-procurement.gov.uk/
- http://www.tameside.gov.uk/
- https://ted.europa.eu/udl?uri=TED:NOTICE:218513-2020:TEXT:EN:HTML
- https://www.bradford.gov.uk/
- https://www.wirral.gov.uk/

## 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-h6vhtk-028c40. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-028c40.json.