Property trading firm appointed to land brokerage and advisory framework
Keyland Developments Ltd, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has been appointed as the sole Land Broker on a new land brokerage and advisory framework.
The framework has been established to maximise the value and support development of surplus land across the country.
The Landsolve 2.0 Framework has been launched by EN:Procure, the specialist procurement arm of social housing consortium Efficiency North Holdings.
It will provide Land Brokerage and Advisory services to assist in generating capital and maximising the value of land for the public and charitable sector and will support the development of surplus land assets to deliver social infrastructure or other public policy objectives across the UK.
The framework has an initial duration of four years with the option to extend for a further four years.
Keyland was appointed alongside Land Advisors; Arcadis Consulting (UK) Limited, Aspinall Verdi Limited, BNP Paribas Real Estate Advisory & Property Management UK Limited, Edward Architectural Services Limited and GenR8 Developments LLP.
Keyland is the first company in the UK to use a valuation tool to calculate direct, indirect and enabled value delivered from its developments.
The tool is based on the ‘Six Capitals’ model and covers natural, social, human, intellectual, manufactured and financial value.
Peter Garrett, managing director at Keyland Developments, said: “We are delighted to be appointed on this unique framework and look forward to utilising our extensive land brokerage expertise to add value to developments across the country.
“The framework’s approach to development is well matched with our Six Capitals method and the many synergies we have identified will prove advantageous as we progress our shared goal of creating exceptional places.”
Lee Parkinson, chief executive, Efficiency North Holdings Limited, added: “The Landsolve 2.0 framework is the first of a number of innovative procurement solutions in development that will expand the service offer and operating footprint of the company and we are excited by its potential.
“We very much look forward to working closely with the appointed Framework Members and implementing the framework across our membership to deliver value adding developments.”
