GVA wins five-year property evaluation deal with pension fund

REAL estate adviser GVA has been awarded a five-year contract for the provision of independent property valuation services for Lancashire County Council Pension Fund (LCPF).

LCPF has a direct property investment portfolio valued at in excess of £600m, comprising a well-diversified range of institutional grade property investments across the UK.

Robert Baldwin, director in valuation consultancy at GVA said: “We look forward to working with the fourth largest local authority in England and Wales and also working again with the Pension Fund advisers Knight Frank Investment Management.

“The GVA team’s in-depth market knowledge and wide-ranging experience played a large part in the council’s decision to award us the contract.”