Following a competitive tender process against two rival firms, Ryden has secured a prestigious three-year contract with Edinburgh Airport to provide a property database management service to manage leases, legal documentation and billing support for a portfolio of 170 leases.
The firm’s ability to provide a bespoke service, offer access to local senior-level surveying and accounting teams and its proven track record of managing unique portfolios were key factors cited by Edinburgh Airport as to why Ryden was the ideal choice to service their instruction.
This is the latest appointment Ryden has secured with Edinburgh Airport, having previously won contracts to provide a property asset valuation service and a reinstatement cost assessment for the airport’s portfolio.
Clare Edgar, associate in Ryden’s Property Management team and project lead, said: “This is no ordinary management mandate given the specialist nature of the portfolio. Our team is therefore looking forward to getting started and providing a first-class service. We’ll be collaborating closely with the airport and implementing a robust asset management system that evolves with our client’s requirements.”
Judy George, Head of Property and Commercial Transport from Edinburgh Airport, commented: “Having access to a bespoke software system aligned to our portfolio requirements as well as being supported by the experienced team at Ryden will allow us to accelerate the delivery of our dynamic property strategy.”
Ryden’s property management team manages over 6 million sq ft of property throughout Scotland and the north of England, with over 1,300 tenants on a rent roll of over £54 million.