Following a two-stage competitive tender process, Ryden has been appointed to carry out rent review and lease renewal services for the Co-operative Group.
The five-year contract covers the Co-op’s entire portfolio of 448 food and funeral properties up to 5,000 sq ft across Scotland, Northern Ireland, Isle of Man and the North East of England.
Ryden’s ability to service the contract from its six offices across the North of the UK, as well as the size, experience and expert local market knowledge of its team were key factors cited by the Co-op as to why the firm was the ideal choice to service their instruction.
Associate Mandy Watson will lead the specialist Ryden team. She commented: “We are pleased to have won this significant contract and are looking forward to working with one of the UK’s most diverse and well-known brands. We are confident will have a positive impact on the Co-Operative Group portfolio across Scotland and the North East of England.”
Ann Le Blond, Estates Manager at the Co-op, said: “The Co-op has a diverse portfolio throughout Scotland/NI/IOM and The North. Ryden provides the external expertise, market knowledge and geographical coverage required to provide a best in class service in the coming years. We look forward to working with the Ryden team.”