Bruntwood seeks JV to boost managed portfolio

COMMERCIAL property company Bruntwood is looking at potential joint venture schemes with institutional lenders which would see them take on the responsibility for managing sizable portfolios of office properties.

Chief executive Chris Oglesby told it would be willing to abandon its traditional model of taking on sole ownership and management of buildings if it allowed the company to participate in an upside in transforming a larger stock of distressed properties.

Mr Oglesby said although the firm did... For the full story register now for free or login below...