National Property Agent Services

Concepts

• real estate
• non-residential property
• development services
• letting services
• own property
• agency services
• commercial property management
• property management
• industrial property
• core property leasing

Location

Various sites across England, Wales and Scotland, please refer to the further information provided

Description

Associated British Ports (ABP) intend to procure a National Principal Property Agent to provide strategic letting agency and other services, across its substantial multi-sector property portfolio including industrial and logistics units, open storage, and development land. ABP is looking for expressions of interest from parties capable of providing core property agency leasing and letting services on a national level and ancillary services such as acquisition and investment, valuation, property management, building surveying, development, sustainability, strategic advice, landlord and tenant.

Total Quantity or Scope

Associated British Ports (ABP) intends to establish a contract for National Principal Property Agent Services spanning the complete multi-sector UK portfolio which has a property asset value of c. £ 2.6BN with an approximate rent roll of c. £109M. The current portfolio extends to approximately 3,743ha and consists of over 750 tenants across 21 port locations across England, Scotland, and Wales. Each geographic region has different characteristics, but they all have a range of common requirements associated with a mix of asset types, and different tenancy arrangements relating to industrial and logistics units, open storage, and development land. The primary objective of the proposed new contract is to create new and recurring income via a range of leasehold and development transactions, such as lettings, build to suit and ground leases. Each region presents significant and unique opportunities to increase property revenue offering substantial development opportunities in strategic locations, providing unrivalled port facilities as well as comprehensive multimodal transport links with a number of sites well located in proximity to existing urban centres and close to major transport hubs. ABP continues to diversify its approach to property, increases focus on off port development and continues to make significant infrastructure investments to support the green energy sector solidifying strategic alliances for the future. To support this ABP seeks to partner with a national property agent, the key service included in this contract is core property leasing and letting consultancy. Supporting services include, Acquisition & Investment, Valuation, Property Management, Building Surveying, Development, Sustainability, Strategic advice, Landlord and tenant.

Renewal Options

The Contract is subject to renewal at the discretion of the Contracting Authority at expiry of the contract term plus any extension. The contract duration will be from 19th September 2024 to 19th September 2027. The Contracting Authority reserves the right to extend this for a period of up to 36 months in any increment at its sole discretion until 19th September 2030.

CPV Codes

• 70000000 - Real estate services
• 70332000 - Non-residential property services
• 70322000 - Vacant-land rental or sale services
• 70310000 - Building rental or sale services
• 70321000 - Land rental services
• 70110000 - Development services of real estate
• 70121000 - Building sale or purchase services
• 70130000 - Letting services of own property
• 70300000 - Real estate agency services on a fee or contract basis
• 70122000 - Land sale or purchase services
• 70332200 - Commercial property management services
• 70330000 - Property management services of real estate on a fee or contract basis
• 70320000 - Land rental or sale services
• 70112000 - Development of non-residential real estate
• 70332300 - Industrial property services
• 70120000 - Buying and selling of real estate
• 70220000 - Non-residential property renting or leasing services

Indicators

• Bids should cover the whole contract.
• This is a recurring contract.
• Options are available.
• Renewals are available.
• Award on basis of price and quality.