Awarding of two portfolio management mandates

Fonds de compensation

Published: Mar 27, 2026

Updated: Jun 19, 2026

Source: TED - Tenders Electronic Daily (EU)

This tender has been awarded

Awarded to CBRE Investment Management Indirect Limited; LaSalle Investment Management — €1,875,000

Browse open Finance & Banking tenders in Luxembourg

About This Opportunity

Luxembourg contract award (finance & banking): Awarding of two portfolio management. By Fonds de compensation. Awarded to CBRE Investment Management (EUR 1.9M).

This is a services contract in the finance and banking sector, with a focus on Investment and Pensions. Located in Luxembourg, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 500.0 million.

Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

The purpose of this tender is the provision of portfolio management services on behalf of Fonds de compensation commun au régime général de pension (FDC), which set up an umbrella investment company with variable capital – specialised investment fund in 2007 (in accordance with the amended law of 13 February 2007 on specialised investment funds). More precisely, the tender is related to the awarding of two (2) global unlisted real estate mandates to be actively managed and with the objective to generate long term stable performances and regular cash flows through the acquisition of units or shares of unlisted core and, in subsidiary order, value-add real estate UCIs investing in internationally diversified immovable property. The mandates relate to existing sub-funds meaning that an awarded tenderer will be entrusted with an existing portfolio. Regardless the investment strategy offered, a proposal must always comply with the investment guidelines as stated in the Issue Document as well as with the terms and conditions of the Investment Management Agreement being part of the tender documents as Appendices 6 and 7. The amount of assets of EUR 500 million for each mandate is indicative and may vary during the execution of a mandate. The term of the mandates shall be three (3) consecutive years with the possibility of renewal from year to year except in the event of early termination by FDC or the awarded tenderer by means of a three months’ notice. The maximum duration of the mandates shall be ten (10) years. Proposals will be selected on the basis of the economically most advantageous proposal. The detailed selection and evaluation criteria of proposals, the main stages of this tender as well as any other terms and conditions relating to this tender are specified in the Tendering Procedure and Guidelines, which can be downloaded from the public procurement portal (www.marches-publics.lu). FDC may also assign stand-by mandates. The definition and characteristics of a stand-by mandate are set out in section 2.5 of the Tendering Procedure and Guidelines.

Data provenance

This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on March 27, 2026. Last refreshed 94 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Fonds de compensation

Fonds de compensation has issued 4 procurement notices on BidsFactory, including 1 currently open and 1 awarded contracts. Activity concentrates in Finance & Banking, Construction & Civil Works, and General Supplies & Services. All notices are published for Luxembourg. Notices are distributed via TED - Tenders Electronic Daily (EU). Most recent publication: July 20, 2026.

Frequently asked questions about this tender

How much was the contract awarded for?

CBRE Investment Management Indirect Limited; LaSalle Investment Management was awarded the contract for €1,875,000. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in Luxembourg. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.

Is this tender still open?

No — the contract has already been awarded to CBRE Investment Management Indirect Limited; LaSalle Investment Management. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Fonds de compensation in Luxembourg. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.