The Birmingham office of consultancy Colliers International has won the brief to manage Stratford-upon-Avon Town Trust’s £35m property portfolio, TheBusinessDesk.com revealed today.
The charitable organisation was set up in the 16th century and granted a Royal Charter by Edward VI, nine days before his death in 1553.
Its portfolio contains more than 100 properties, all of which are in Stratford, such as Judith Shakespeare’s home at 1 High Street and Mason’s Court, Shrieves House, said to be England’s most haunted site.
There is also the Boathouse on the River Avon, land adjacent to Anne Hathaway’s cottage and Stratford’s oldest public house, the timber-framed Garrick Inn.
Income generated from the portfolio is returned to the community in the form of grants and 1,000 grants have been awarded to local schools, community groups, arts organisations and individuals since 2001.
Colliers International advised the trust for six years but faced competition from 18 other property consultants when the brief was re-tendered under Charity Commission guidelines.
The firm will advise on acquisitions and disposals, development, investment management and tenant relations among others.
Colliers’ investment property management team, headed by Martyn Edwards, and commercial lease consultancy team, led by Tarquin Murray-Holgate, will lead the work.
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