Following a competitive tender process Cluttons secured the appointment, becoming Telefónica UK's primary estate management supplier.
The contract will see Cluttons provide a range of services including treasury management, property management, rating, database management, lease advisory, facilities management and energy management.
Cluttons will be responsible for Telefónica UK's cell sites, retail leases and corporate properties which include offices and switch centres.
John Wood, head of Commercial division, Cluttons, said:
"This latest appointment by Telefónica is a clear indication of Cluttons' expertise in the telecoms sector. Cluttons has developed a diverse client base including mobile operators, broadcasters and infrastructure providers.
"Working with Telefónica cements our key position in the market as leading international property consultants. We look forward to further growth in this area, both in the UK and globally."
Chris Early, Estates Manager at Telefonica UK commented:
"We are delighted to have awarded this contract to Cluttons.
"They have worked hard to establish their leading position in the market place in which we operate and we look forward to working in partnership with them over the contract period."
