Commercial property agency, Avison Young, has won a contract with Portsmouth City Council to deliver a comprehensive property management service at its Lakeside North Harbour office campus.
Located to the north of Portsmouth City Centre, the 120-acre site comprises c. 595,000 sq ft of offices, c. 3,000 parking spaces, a day nursery and 8.7 acres of development land. The campus has an occupancy rate in excess of 90% and more than 70 occupiers, including IBM, Regus, LexisNexis and Babcock International. Services to be provided by Avison Young include accounting, facilities management and destination marketing services.
Richard Williams, Principal and Managing Director of Property Management for Avison Young,commented: “Portsmouth City Council is already a valued client of Avison Young. Our Property Management team manages a nationwide investment portfolio on their behalf, and we are thrilled to have been selected to extend our services.
“We very much look forward to working with the council, the campus occupiers and the impressive team at Lakeside North Harbour to maintain and enhance its position as the South’s leading business campus. We will be utilising our extensive experience and network to bring new initiatives and improvements to the scheme on a day-to-day and future basis.”
Avison Young’s Property Management division has approximately £15 billion assets under management and over 15,000 occupiers, employing over 250 people across the UK.