Wellcome Trust expands Savills’ South Ken Estate remit

Agency re-secures and extends existing appointment to include a raft of additional services…

Savills has been awarded a significantly broadened remit from the Wellcome Trust at its South Kensington Estate.

The agency has been acting for the trust on the prime portfolio – which comprises over 2,000 leases, tenancies and licences across South Ken and Knightsbridge – since 2011, advising on asset and estate management.

Following a competitive pitch process, Savills has re-secured its existing contract and expanded the appointment to include a whole raft of additional services. The full remit now extends to management, resi lettings, project & building consultancy, client accounting, resi development, resi sales, planning and retail agency.

Andrew Forrester, residential management director at Savills: “This additional appointment for The Wellcome Trust is hugely significant and cements our position in advising the Trust across its South Kensington Estate. It also highlights Savills cross sector capability by incorporating a number of teams to comprehensively service the requirement.”