| STEPS
STEPS (The Strategic Transfer of Estate to
the Private Sector - a PFI initiative with Inland Revenue
and HM Customs and Excise) is a first rate example of a "complete
solution" for a client. STEPS represents a sophisticated,
flexible property transfer model along with virtually all
Facilities Management services required to provide the Departments
with completely functioning space.
Mapeley purchased the portfolio of over 600 buildings, a mix
of freehold and leasehold, aggregating some 1.4 million sq
m, for a capital sum taking on the risk of rent reviews, lease
renewals, the disposal of surplus properties and the acquisition
of new space requirements. The service gives the client a
flexible, hassle free serviced accommodation. Mapeley is also
responsible for delivering services to a further 125 sites
that were not capable of transfer.
The portfolio is a highly varied one - offices, warehouses,
call centres, heritage sites, car parks, computer centres,
dog kennels and custody suites. Mapeley services these properties
with extremely high standards of maintenance, security and
cleaning as well as a range of additional services (such as
catering and child care).
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