PROPERTY GF Tomlinson delivers framework
Midlands-based G F Tomlinson has been appointed to Scape Group’s Regional Construction Framework, delivering projects between £500k and £2.5m across Nottinghamshire, Lincolnshire, Derbyshire and Staffordshire. The new framework will provide
public sector organisations and local authorities access to high quality and cost-effective services from approved contractors, providing value for money and added social value to benefit local communities. G F Tomlinson was selected onto
the framework following a rigorous selection process which included demonstration of value for money, exceptional local knowledge and experience across a range of public sector projects. The new framework replaces the
East Midlands Property Alliance (empa) framework, which expires in early 2018, and saw G F Tomlinson deliver more than 340 projects over its eight year duration. Andy Sewards, Managing
Director at G F Tomlinson, said: “Our appointment on the Regional Construction Framework is fantastic news and a credit to the hard work of our team. The new framework will play an important role in the delivery of local projects and we are looking forward to continuing our relationships with Scape Group and our public sector clients in the region. “We have built a reputation for
delivering high quality, value-for- money projects for local communities using our collaborative approach which was demonstrated throughout the empa framework. We are proud to be part of the new framework,
G F Tomlinson on site
‘We are proud to be part of the new framework, giving us the opportunity to continue to build on our track record’
giving us the opportunity to continue to build on our track record and provide increased added value to our clients and communities.” Victoria Brambini, Managing
Director of Scape Procure, said: “We are tremendously proud of the success of the empa framework, which has offered an excellent profile of contractors to the public sector in the region and has consistently created new
opportunities for local SMEs within their supply chain. The Regional Construction framework builds upon the empa framework aiming to generate greater value for money and project success for the public sector across the region.” The Scape Regional Construction
framework has taken a strengthened approach to demonstrating value for money, and as standard now measures social value, via a TOMs (Themes, Outcomes, Measures)
method, developed in association with Social Value Portal. Scape will also continue to monitor project performance via additional Key Performance Indicators (KPIs) for
local spend and local employment. The framework will also ensure that a social enterprise is engaged on every project. G F Tomlinson is dedicated to supporting local economies; through the framework 75% of each project budget will be spent within 40 miles of each site. Projects delivered through the
framework will engage with the local community to boost skills and training in the region.
Economy benefits from £256m investment
Leicester’s annual in-depth commercial property review published by Innes England has revealed an increase in prime retail rents and a greater supply of large industrial units, coupled with a healthy £256m of investment into the property sector last year. The 11th Market Insite Report -
which monitors trends in the regional property market focusing on Leicester, Derby and Nottingham – also identified that no one sector dominated. Peter Doleman, Director at Innes England, said: “No one sector dominated the commercial property market this year, but there have been some positives to take from the report. In retail, High Street prime rents increased to
66 business network March 2018
£216 per sq ft and the out-of-town retail rates have remained stable at £110 per sq ft. Investments on the former Everards Brewery site have strengthened the importance of Fosse Retail Park as the major out- of-town shopping centre. “One of the biggest highlights
from last year was the £43m deal to deliver 300 new residential flats in the city. Sowden’s PRS (private rented sector) scheme is likely to create new opportunities for the city once complete in 2019 and highlights the appetite for London- based investment funds to seize opportunities in the regions.” Availability of industrial space
received a welcome boost in line with an increase in prime rental rates which jumped to £6.50 per sq
which will continue to improve supply. Leicester has consolidated its position as an important part of the Midlands distribution hub after a lift in take-up during quarter four. “Overall the market performed
Peter Doleman
ft. Take-up matched the long-term average and supply is expected to increase further throughout 2018. Peter added: “The industrial
sector is set to benefit from several mid-size developments this year
well with £256m invested into the region. There could be some challenges which could affect growth – particularly in the office sector – but industrial and retail growth is forecast as positive for this year.” Analysis of the office sector
revealed it to be one of the poorest performing areas. Take up was 25% below the previous five-year average and the city recorded its lowest supply of grade A office space for ten years. Despite this, prime rates remain stable.
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