31 May 2017
Knight Frank, the independent real estate consultancy, has signed a water and wastewater contract with Anglian Water Business in Scotland (image attached)
Set to save its Scottish property management clients 25% on their water bills over the next two years, the contract was won after a competitive tendering process and follows on from a recent hat-trick of major contract wins in Scotland which including ASDA, Edinburgh Leisure and the Scottish Drug Forum, valued at around £3 million per year. A joint venture between AWB and Northumbrian Water Group (NWG) Business to create a new water retailer called Wave has also recently been announced.
With offices in Edinburgh, Glasgow and Aberdeen, Knight Frank manages a broad range of commercial properties across Scotland; from offices and retail outlets to business parks.
The anticipated savings will be achieved at a selection of the sites managed by the firm through a combination of competitive pricing, tariff optimisation and Anglian Water Business’ Active Water Management® service, which aims to achieve sustainable savings by identifying opportunities for reducing consumption and avoiding waste.
The tariff optimisation service includes advice on changing water usage patterns to help Knight Frank reduce costs at the properties by avoiding peak period or capacity charges, where possible.
AWB has been operating successfully in the highly competitive Scottish open market since 2008. The company already provides water services to some of the UK’s biggest businesses, including Betfred, Malmaison and Hotel du Vin, Starwood Hotels and the Belhaven pub chain. In 2015 it won the Scottish Government contract to provide water billing and efficiency services to the Scottish public sector. This involves 200 public sector organisations, with over 15,000 sites ranging from schools and colleges, to hospitals and council buildings.
Fiona McNeil, Partner and Head of Property Asset Management in Scotland at Knight Frank, commented: “We’re always looking for ways to help our property management clients drive efficiency in their assets, while maintaining the same high standard of accommodation for occupiers. We look forward to helping them achieve water savings through our new contract with Anglian Water Business.”
Bob Wilson, managing director of Anglian Water Business adds: “Winning the prestigious Knight Frank Scotland contract is a major coup for us, which builds on our success in Scotland, where we are the water supplier to more than 200 public sector organisations, involving 15,000 sites.”
“The property management sector needs to ensure high levels of quality and reliability while adding value for clients by looking for cost saving opportunities. Once again, this deal proves that our service-driven proposition answers the market’s need for sustainable, efficiency-based services that continue to offer value far beyond short term discounts.”