Hartnell Taylor Cook LLP has announced its appointment as the specialist investment property advisor to Swindon Borough Council.
The newly created role includes advising Swindon Borough Council on their existing commercial property portfolio, identifying potential inherent risks and providing advice on any necessary mitigating actions required The mandate also includes working closely with Swindon Borough Council to provide them with an investment strategy, following the Council’s decision to increase their exposure to commercial property investments in order to generate additional income to support the delivery of council services.
Swindon Borough Council has an extensive existing portfolio including offices, retail, industrial and ground rents.
Ian Lambert, Investment Partner and head of Hartnell Taylor Cook’s Bristol office who led the bid said “We are delighted to have been appointed as the Council’s specialist investment property advisor. This is a fantastic instruction providing a great opportunity to work with the Council in appraising their existing portfolio and to look at how they can increase their income stream over the next few years.
“Swindon Borough Council, like a number of local authorities, is seeking to carefully identify property investment acquisitions as a way of generating additional income to support the delivery of council services. We very much look forward to working closely with Swindon Borough Council to help them achieve their objectives during the course of the contract”.
