Eddisons appointed property managing agent for pioneering Meridian Water development

Property consultant Eddisons has been chosen by Enfield Council as property managing agent for its flagship Meridian Water Estate.

The three-year appointment, with a potential three-year extension, was awarded after an OJEU competitive tender process.

The award will see Eddisons manage the existing and new tenancies on the 37 hectares of land that the council currently owns at Meridian Water, the £6bn, 25-year north London regeneration programme, as the council brings forward the game-changing development scheme.

Tenants currently include Vibration Group, North London Waste Authority, Troubadour Theatre and Building Bloqs. Meridian Water will ultimately see over 10,000 homes, flexible commercial space and leisure facilities created over a 25-year period. The scheme is also anticipated to deliver thousands of new jobs.

Nesil Caliskan, leader of Enfield Council, said: “I welcome our new partnership with Eddisons which will enable us to maximise our estate at Meridian Water, raise its profile in attracting new tenants, and deliver an integrated management service to those currently on site.”

Javid Patel, head of public sector at Eddisons, commented: “Securing this significant mandate to provide property services to Enfield Council at Meridian Water is an absolutely key win for us. We intend to become advisers of first choice for the public sector and the Meridian Water appointment is central to this vision.”

David Rowling, head of property management at Eddisons, added: “We are looking forward to working on this unique portfolio as it evolves over time. Meridian Water is a fantastic development and we are proud to be supporting the council as they deliver their exciting long-term plans.”