Savills has been appointed by LGIM Real Assets (Legal & General) to manage its 98 properties in the UK.
”This includes properties in Legal & General’s Managed Fund which consists of 68 properties nationwide and is valued at over £3 billion,” said Savills in a statement.
This forms part of Legal & General’s strategy to be the landlord of choice for occupiers. Legal & General has recently announced a revitalisation of its operating model by embedding a Facilities Management Integrator (FMI) Partner into its model in order to provide a more data-led, agile service for its occupiers, which can be tailored and flexed to their specific requirements.
Savills will review processes and initiatives and introduce innovations around operational excellence; customer experience and place shaping; sustainability and aligned CSR goals, to deliver enhanced property management services.
“We are living in a world that is significantly different to 10 years ago. Customers expect more from the spaces they occupy and our shared values and aligned outlook of occupier services makes this a particularly exciting appointment. Our customer focused initiatives raises the standards in the delivery of property management,” said Sarah Bean, director in the property management team at Savills.