LONDON, 28 NOVEMBER 2019

Frasers Property UK (“Frasers Property”) announced today it has awarded MAPP, the leading property management specialist, the prestigious property management mandate across five of its business parks in the South East region, totalling over 3 million sq ft of space.

The property management brief covers Farnborough Business Park in Hampshire, Watchmoor Park in Camberley, Winnersh Triangle Business Park, Reading, Maxis in Bracknell, and Chineham Park in Basingstoke. MAPP will commence providing property management services across the portfolio from January 2020.

MAPP’s appointment reflects mutual high standards of property management and customer experience delivery which are both key criteria for these important assets. This portfolio of high-quality business parks is located in key satellite towns near London, where occupier demand is strong from across a range of firms and organisations drawn to good connectivity and thriving campus environments. Frasers Property’s asset management strategy seeks to create dynamic business communities, with a rich variety of high calibre occupiers across technology, and professional services, amongst other industries.

CEO of Frasers Property UK, Ilaria del Beato commented: “Our vision is to create places where people and businesses can flourish, and occupier experience is central to that mission. We therefore aspire to continually improve service levels for our stakeholders and customers. In appointing MAPP across our business park portfolio, we have found a strategic partner who shares our focus and commitment to delivering outstanding workspaces with vibrant and well-connected communities. MAPP will bring a wealth of experience and expertise to enhance our capabilities to deliver our vision.”

Responsive and active management is increasingly sought after across parks as businesses seek to offer their employees choice and flexibility, not just for dining and social options on site, but also in access to green space, events and entertainment. Along with social considerations, our buildings’ environmental impact and people’s ability to live life more sustainably at work is a key tenet of the forward-thinking strategy that Frasers Property and MAPP will adopt across the portfolio.

Polly Plunket, Senior Executive Director at MAPP, commented: “This portfolio is redefining the workplace of tomorrow, and our job is to help the occupiers love their buildings and spaces around them. We are delighted to be working with Frasers Property and its customers, the businesses within each of the Parks, to deliver great property management for all.”