North East LEP - Fund Manager for Commercial Property Investment Fund
The procurement contact named on the official notice.
The submission route named on the official notice.
On behalf of the North East LEP (see section VI.3 of this notice), North Tyneside Council (the "Council") is conducting a procurement of a fund manager in respect of the North East LEP's Commercial Property Investment Fund ("CPIF") to unlock development opportunities in the region and to generate returns to be reinvested in future development funding opportunities.
The CPIF will be an investment fund that finances almost viable property and regeneration projects throughout the North East LEP area in pursuit of Strategic Economic Plan objectives.
The fund manager will have responsibility for finding and executing deals and managing the CPIF portfolio and will be expected to manage the CPIF for the duration of the funding cycle (currently estimated to be at least 15 years).
Further details are contained in sections II.2.4 as well as a preliminary market consultation document available at the address in section I.3 of this notice.
What the supplier must deliver
The fund manager will have responsibility
The fund manager will have responsibility for finding and executing deals and managing the CPIF portfolio and will be expected to manage the CPIF for the duration of the funding cycle (currently estimated to be at least 15 years).
Derived from the notice text — always confirm against the original documents.
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- OCID
- ocds-h6vhtk-02b33a
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 017810-2021
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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