New public sector backed property venture opens for business

Place Partnership – a commercial enterprise established by six Midlands based public sector shareholders and sponsored by the Cabinet Office – is open for business and is the first single asset management company of its kind in the UK. Place Partnership will provide its public sector partners with commercial solutions in maximising value from, and achieving significant operational efficiencies in relation to some 1,400 land and property assets initially. As well as delivering innovation and efficiencies in property management, energy use and facilities management, we will drive transformative service delivery across the public sector, promote regeneration and seek to attract word class business, boosting regional economic growth. For further information, visit Place Partnership’s website.