Legal & General Investment Management (LGIM) has extended its appointment of Workman as property manager for its UK Property Fund and LPI Income Property Fund portfolios for a further three years, as reported by EG.
Workman was appointed to the LGIM managing agent panel in 2019, when LGIM brought in a new model to include separate facilities and property management providers.
Since then, Workman has collaborated with facilities management provider Bellrock to deliver property management and facilities management services across these portfolios.
The Workman LGIM mandate now includes a portfolio of 181 assets and more than 16.2 million sq. ft.
Richard Hart, Partner and Head of Property Management at Workman, said: “The appointments are testament to the hard work of our team and their focus on delivering an occupier-centric approach to managing the portfolio.”
Mark Tyson, Head of Asset Services, Real Estate, at Legal & General (pictured), said: “All those involved have worked very hard to build a collaborative and innovative relationship with each of our funds, and these appointments reflect the valuable contribution that Workman has made.”
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