Dunedin City Council Seeks Property Management Services for Wall St Mall

Built in 2009 to enhance the central business district of Dunedin, Wall St Mall is owned and operated by the Dunedin City Council (DCC). Wall St Mall is managed by DCC staff, who run the operations, leasing, facilities, projects, and marketing activities. A recent review of the investment portfolio has determined that the outsourcing management of Wall St Mall is preferred.

This presents a prime opportunity for a suitably experienced and capable property management supplier to manage all activities of the mall on behalf of the DCC including: � Leasing; � Marketing; � Facilities management; � Operational management ; � Asset management; and � Project management. The DCC is seeking a Supplier who can provide a comprehensive package of property management services.

A prime opportunity exists for a suitably experienced Supplier to improve the return on investment for the DCC by taking a more commercially orientated and focused property management approach. This contract opportunity has a three-year term with the ability to extended for three further years (+3) subject to performance.

Long-term the DCC may sell the Wall St asset and this presents the successful supplier the opportunity to demonstrate a good track record for a new potential mall owner should this be progressed by the DCC.