Henderson's £12.4-billion Property Business has appointed M J Mapp to manage a portfolio of its funds in the UK.
M J Mapp's new mandate covers asset and property management and the portfolio comprises 21 properties containing a number of prime office and retail developments geographically located from London to Edinburgh with a total current value of £420 million (approx. €489 million).
Tom Peasgood will lead the M J Mapp team on the instruction and he will be supported by Louisa Greenwood and Carl Kennedy.
Martin Payne, Fund Manager at Henderson commented: "M J Mapp offer a specialist service of Management that has enabled them to put in place a fully dedicated and focused team. We feel this is an extremely attractive proposition for ensuring the very best in client care going forward."
Nigel Mapp, commenting on the win, said, "We are delighted to be instructed by Henderson to assist them in maintaining best in sector service levels and advice on the assets as well as adding value within the portfolios."
Source: Henderson Global Investors