Edgbaston-based consultancy Wakemans has been appointed to advise on a £450 million property portfolio.
The firm has won the brief from Pall Mall Estates and it will require Wakemans to take on responsibility for all dilapidation work including advice on how to maximise asset value through appropriate investment.
London-based Pall Mall Estates owns and manages over five million sq ft of commercial property, comprising of more than 500 properties in 125 locations, with around 40 per cent of the properties located in the West Midlands.
"This is a significant appointment for our building surveying team," says Wakemans director James Shelley.
"We have seen considerable growth over the last 12 months as the industrial market has improved leading to greater demand for our dilapidation services.
"This appointment reflects our ability to service the needs of clients across the UK for all commercial properties including retail, office and industrial."