Knight Frank’s 18-month-old property asset management team has picked up a mandate to manage more than 730,000 sq ft of office space in Aberdeen, Bristol and Manchester.
The agency has been instructed to asset manage the iQ building in Aberdeen, One Glass Wharf in Bristol, and 3 Hardman Street in Manchester on behalf of Singaporean investor Mapletree.
The portfolio comprises more than 737,500 sq ft of net lettable area and houses businesses from industries including banking, legal service and utility firms.
As at 31 March 2017, Mapletree owns and manages more than S$2.5bn worth of assets in the UK, including the 79-hectare Green Park in Reading, Berkshire, and the Diageo headquarters in west London. This is in addition to the assets in Aberdeen, Bristol and Manchester, as well as 26 student accommodation assets.
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