GVA has been appointed by Brighton & Hove City Council to provide strategic estate management advice and support for the Council’s property portfolio, comprising more than 650 assets and an annual rent roll of £7.85 million.
Led by David Thomas, GVA’s property management team will provide a comprehensive estate management service, including strategic advice and support for the Councils policy development of the urban estate, as well as covering day-to-day management for its commercial assets.
GVA will identify a range of opportunities for active asset management in order to drive value across both portfolios. In addition, GVA will engage with the objectives set out on the Council’s Corporate Property Strategy & Asset Management Plan to aid in continuously delivering a quality built environment, enabling growth and promoting social health and wellbeing across Brighton & Hove.
The GVA team currently manages a significant number of other local authority portfolios, including Westminster City Council, Wandsworth & Richmond, London Boroughs of Enfield, Hounslow, Tower Hamlets, Hammersmith & Fulham and the Greater London Authority’s land at the Royal Docks. GVA is recognised as a leading property consultant to the public sector with wider mandates for the MoJ, MoD and Dept for Communities and Local Government (DCLG).
David Thomas commented: “This most recent appointment adds to the growing number of mandates that see us work with local authorities on their portfolios. Our property management relationships with the public sector go beyond providing day-to-day management of a property, and are instead grounded in providing strategic advice and creative thinking in order to help the council extract meaningful returns from its portfolio, both financially and socially.”