Stockport Council has chosen Carillion and CBRE as the preferred bidder to provide services to support its £695m land and property portfolio and achieve 30% savings by 2015/16.
The council is to enter into a new partnership, named the Stockport Strategic Property Partnership, with the new property services provider, which will replace incumbent NPS. The aim is for Carillion and CBRE to take over by February 2014.
Carillion:CBRE staff will be based in council offices. The company will be able to second staff in and out of the service and provide training and other benefits for deployed staff.
A spokesman for the council said: "The SSPP will develop comprehensive asset management plans to ensure that the council's land and property assets are used efficiently and contribute effectively to transform public services and regenerate the borough.
"The SSPP will access private sector expertise, funds and innovative models for service delivery. Carillion:CBRE have designed a self-financing and self-sustaining SSPP model, that avoids placing additional pressure on the council's revenue budget by its creation."
Cllr Mark Weldon, deputy council leader, said: "To achieve greater efficiencies and collaboration between public sector agencies to deliver local community services, we are transforming the council's estate and property portfolios. I am confident that the new operating model will deliver an effective and efficient strategic property service to meet the council's future priorities."
Staff will be transferred from the current provider, NPS, to the new provider. Full consultation continues to take place with employees and trade unions.