GPA appoints BNP Paribas Real Estate as new strategic partner

The Government Property Agency (GPA) has appointed BNP Paribas Real Estate (BNPPRE) as its new strategic partner for national property and property-related financial services.

Following a robust and comprehensive procurement process via the Crown Commercial Services Estates Management Services framework (RM 6168), BNPPRE has been awarded an initial three-year contract that includes the option to extend for four additional years.

The new contract is aligned to the GPA’s current and future needs and has a key focus on social value, including tackling economic inequality, fighting climate change and improving health and wellbeing.

Service requirements include improved taxpayer value through enhanced asset condition and sustainability performance, outstanding client satisfaction, high quality data and reporting, and improvements in corporate real estate management.

“The GPA aims to attract best-in-class strategic partners to ensure we deliver a transforme