commercial property lambert smith hampton

News - 19/04/2013

Nationwide appoints LSH to manage property portfolio

We have been appointed by Nationwide Building Society (Nationwide) as their corporate real estate advisers across the UK.

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Their portfolio comprises of approximately 800 properties including offices, retail outlets, administration premises and ATMs.

Ezra Nahome, CEO, commented: “We are proud and excited to be working for one of the UK’s leading high street brands. We look forward to working closely with Nationwide to help them develop and implement their property strategy.”

Full estates management contract

LSH will provide Nationwide - the world's largest building society as well as the second largest savings provider and a top-three provider of mortgages in the UK- with a full estates management service – offering strategic advice, identifying opportunities to run their estate more efficiently and maximising cost savings. The contract will run for five years, with the possibility of a one year extension.

LSH natural fit for Nationwide

Chris Shott, Head of Property & Corporate Services for Nationwide explained why LSH were selected: “LSH were the natural fit for us as we continue to grow as an organisation. They have demonstrated a deep understanding of our business and a commitment to delivering solutions that will drive value and achieve efficiencies.

“Their expertise across the UK, combined with their strategic understanding of estates management, provides us with confidence that they will deliver. We look forward to building a successful partnership.” 

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