4 October 2021 waypointam

Waypoint appoints MAPP as property manager for real estate funds

Waypoint Asset Management is pleased to announce the appointment of leading commercial property management firm, MAPP, to manage four key funds from the 1st of October.

MAPP now act as managing agent of 2m sq ft of Waypoint’s retail portfolio including Coopers Square in Burton upon Trent, The Britten Centre in Lowestoft, a retail fund comprising 60 neighbourhood parades and a portfolio of 40 FRI assets let to Government covenants.

MAPP’s expertise extends from property management service to Building Consultancy and Sustainability services offered by an experienced team based in London, Birmingham, Manchester and Bristol.

Chris Moulden, Waypoint Asset Management Director, said: “Our commitment to MAPP has been driven not only by their recognised expertise in property management but by their significant experience and capabilities relating to ESG and sustainability. They share Waypoint’s commitment to sustainability and understand the importance of a fully integrated approach to ESG at both an asset and fund level.

Nigel Mapp, CEO of MAPP said: “We are excited to have developed such a fantastic working relationship with Waypoint and that they have entrusted the management of four key funds to us. Waypoint have increasingly prioritised ESG and as a proudly certified B Corporation MAPP is the perfect fit to deliver quality services whilst aligning with Waypoint’s values.”

John Michell, Head of Retail Business Development & Strategy commented: “We are delighted to be working with the Waypoint team on these funds. We see this as a great opportunity to combine our wider property management expertise with our specialist retail team who continue to reimagine what retail looks like in a constantly changing environment.”