Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

C&W mandated to value £1.2bn Royal London Asset Management portfolios

Cushman & Wakefield, the world’s largest privately-owned commercial real estate services firm, has been awarded the mandate to value two portfolios with a combined worth in excess of £1.25 billion for Royal London Asset Management, the UK’s largest mutual life and pensions company.

The portfolios comprise approximately 100 assets located throughout the UK, including retail, office and industrial properties.

Cushman & Wakefield’s 75-strong UK Valuation & Advisory team beat strong competition to secure the instruction as part of a procurement process.

David Mills, who joined Cushman & Wakefield as head of portfolio valuation in April this year from BNP Paribas Real Estate, said: “This three-year appointment is a great achievement amid some stiff competition and testament to the strength of our wider Valuation & Advisory business, which we will continue to grow.”

Cushman & Wakefield’s UK Valuation & Advisory team currently holds 60 regular portfolio valuation mandates, comprising 2,000 properties with a total value of over £50 billion.  Other clients include BP Pension Fund, Henderson Global Investors and CBRE Global Investors.