Sainsbury's has appointed Cushman & Wakefield to supply estate management services to
support its current and future UK property requirements.
Sainsbury's awarded the contract, which begins in November, following a thorough review of its property needs following its acquisition last year of Home Retail Group.
The integration of the businesses creates a portfolio of more than 2,000 stores and operational properties.
The contract will be managed by Cushman & Wakefield's Global Occupier Services (GOS) business, under the account leadership of Peter Hulme, who heads the occupier management service line in EMEA.
Cushman & Wakefield's occupier management team offers lease administration, implementation, ongoing management, and treasury payment services - adding value by bringing portfolio and operational data, market intelligence and analytics together into coherent management information to support decision-making and operational strategy.
Across EMEA, Cushman & Wakefield's GOS team works with more than 200 clients in 43 countries across 100 offices.
James Maddock, head of GOS EMEA, Cushman & Wakefield, said: "This award is evidence that clients see significant value in the strength of Cushman & Wakefield's market-leading business in the UK."