SHW has been appointed as Commercial Portfolio Estate Manager for Brighton & Hove City Council to support the Council’s portfolio of over 650 commercial properties across the region.
The Council has appointed SHW to deliver a full estate management service encompassing strategic advice, day-to-day portfolio management, and financial reporting. The contract will run for a period of five years with an optional two-year extension.
Brighton & Hove City Council’s commercial property portfolio includes retail, industrial and office properties such as Lyndean House and Hove Technology Centre, along with unique holdings such as Brighton Marina and telecommunication masts, bringing in an annual rental income in excess of £8 million.
SHW’s role will cover property management, facilities management, leasing agency, and investment, development and asset management advisory. The mandate will be led by SHW’s Property Management, Professional and Agency teams.
Robin Howland, Partner and Head of Commercial Property Management, responsible for Brighton and Sussex Coast regions, says: “Brighton & Hove City Council’s portfolio holds many strengths, with high yields, secure ground rents and low historical voids. It also offers great potential for asset management and optimising value through regeneration, portfolio rebalancing and supporting local businesses. We are delighted to have been appointed to fulfil this role and take the portfolio to the next level using our strengths across business lines.”
Jessica Jamilton, Interim Head of Strategic Property at Brighton & Hove City Council, says: “Our combined vision and ongoing mission is to foster a proud, fair, inclusive, and healthy city, with key goals to develop an inclusive economy, environmental sustainability, safety, accessible housing, and well-being for all residents. Our Commercial Property Strategy is a key part of this, along with an emphasis on optimizing value from the portfolio with a focus on rebalancing the commercial assets, and we are delighted to have SHW on board.”