Wirral Borough Council · Awarded contract
Awarded

Appointment of CBRE Ltd as Strategic Property Advisor for MPF Property Portfolio

Awarded 01 Dec 2015

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Awarded01 Dec 2015
Value£1,000,000.00
SupplierCBRE Ltd
RegionNorth West
CategoryConsultancy & Legal
Ended 4y 11mo ago6y term
Awarded 1 Dec 2015Expired 30 Nov 2021

Wirral Borough Council awarded a contract to CBRE Ltd for strategic property advisory services for the Merseyside Pension Fund (MPF) property portfolio, valued at AUD 1,000,000.

The advisor reviews the investment strategy annually with quarterly updates, presents quarterly reports in Liverpool, recommends purchases and sales in line with the agreed strategy, and acts for the Fund alongside appointed solicitors in transactions.

The role also involves ensuring the Property Manager (Operational) is fully aware of the strategy agreed by Officers of the Fund and establishing co-operative working relationships with Officers, the Property Manager, Valuer, and appointed solicitors to maximise returns for MPF.

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