Pipeline Noticeocds-r6ebe6-0000612601

Soft Market Testing - Sale of Commerical Property Portfolio

Aberdeen City Council are looking for expressions of interest from parties who may have an interest in acquiring a commercial property portfolio in individual Lots or as a trading entity. The Council is investigating the option of offering for sale its portfolio of ground leases including industrial and development land. The portfolio has a good and strong asset base underwritten by industrial ground leases which offer secure income with limited risk. The portfolio currently generates an annual income of approximat...

Buyer

Aberdeen City Council

Value

£45,000,000

Published

30 Jan 2020

Closes

30 Jan 2020

Procurement details

Source

Pcs

Region

Aberdeen City and Aberdeenshire

Procurement method

Not provided

Category

Services

Contract starts

Not provided

Contract ends

Not provided

CPV classifications

70320000

Land rental or sale services

70220000

Non-residential property renting or leasing services

70310000

Building rental or sale services

70321000

Land rental services

70322000

Vacant-land rental or sale services

Lots

Lot 1 Soft Market Testing - Sale of Commerical Property Portfolio

Value not provided

The council are seeking to engage with the market to gauge market sentiment and interest should they chose to disinvest in part of their portfolio. We would also ask that you respond to this Notice on the following points: - Would the portfolio be attractive to you as one or multiple lots - Which property types would be most attractive to you. - What size(s)...

Delivery: Aberdeen City and Aberdeenshire

Breakdown of Property Types / Rental Income

3 Feb 2020

Word document

Soft Market Testing - Sale of Commerical Property Portfolio

Not provided

Aberdeen City Council are looking for expressions of interest from parties who may have an interest in acquiring a commercial property portfolio in individual Lots or as a trading entity. The Council is investigating the option of offering...

Planned procurement notice · Web page

Contains public sector information licensed under the Open Government Licence v3.0.