APB JOINS NEW CONSORTIUM FOR PAGABO DEVELOPER-LED FRAMEWORK
We are very pleased to have gained supplier status on Pagabo’s new national developer-led framework as part of ‘Community Development Partnerships’ – a consortium created to work exclusively on the framework.
The consortium comprises Pick Everard, Watkin Jones PLC, Charles Street Buildings (Leicester) Ltd, Trebor Developments LLP, Sowden Group Ltd, and Venture Properties Group Ltd.
The framework – which will run for five and a half years – features nine lots covering three contract structures: Property Development via Joint Venture and Special Purpose Vehicle, Long Income Lease and Lease Back, and Property Development Single Site by Development Agreement.
The awards will see Community Development Partnerships working with public sector organisations to offer developer management services - providing them with expertise, creative and viable development solutions, private sector investment and development delivery.
Appointments cover single site development agreements valued up to £40m across the North East, North West, East Midlands, West Midlands and South West, as well as agreements valued at more than £40m in these regions, and London, the East of England and the South West.
Alastair Hamilton, Executive Lead for Community Development Partnerships, said: “We are really thrilled to be announcing the appointment of Community Development Partnerships to a number of lots and regions on Pagabo’s newest framework. Procuring and delivering value for the public sector in particular is set to be incredibly important as we look to the future, and both this framework and our consortium are ideally placed to support the public sector in realising its aspirations for regeneration and inward investment. Together, they will be pivotal in helping public sector bodies unlock and realise the enhanced asset value across their property and land portfolios.
Alastair added “Our combined track record of working together to deliver success on projects in a range of sectors, and in creating social value and a sustainable built environment, the group of partners will maximise Community Development Partnerships’ ability to services the requirements of clients via this unique framework – bringing together the best in the market to deliver the best for clients.”
James Phillips commented, “APB are delighted to be members of this new partnership. We look forward to supporting the public sector on some very exciting and varied projects and working alongside our consortium members”