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Facility / Property Management

Real I.S. PM wins five new mandates in key locations

Real I.S. Property Management GmbH acquired five new mandates for an aggregate volume of 650 million euros as at 1 January 2024. The commitment includes two mixed-use commercial properties in Duesseldorf and one each in Hamburg, Munich and Cologne. The rentable space totals around 70,500 square metres: Sumatra Kontor (30,000 ...
Wednesday, 6. March 2024

Redevco appoints Momentum as White Lion Walk's property manager

The Momentum Group has been appointed by Redevco to deliver property management services for the White Lion Walk Shopping Centre in Guildford. The new contract is Momentum Manage's second in Guildford and heralds the Group's national expansion. The 48,000 sq ft shopping centre will be managed by The Momentum Group's Property ...
Wednesday, 21. February 2024

Arcadis to manage historic assets in UK

Arcadis has been awarded a large multi-million-pound contract to manage and protect more than 2,000 miles of historic canals, rivers, docks and reservoirs in England and Wales.
Tuesday, 20. February 2024

ECE takes over management for shopping center in Istanbul

ECE Marketplaces is expanding its management portfolio in Turkey by another shopping center and is taking over the management of „Agaoglu Cekmeköy Park“ in Istanbul with its national company ECE Türkiye. The company will thus manage a total of twelve shopping centers in Turkey with a total rental space of around 600,000 m². M...
Friday, 16. February 2024

Swiss Life AM buys Wilfast

Swiss Life Asset Managers has acquired its long-term business partner Wilfast Förvaltning. With this acquisition, the Swiss are significantly expanding their exposure in Scandinavia, as the Swedes manage real estate worth around €1.76 billion in Sweden, Denmark and Finland.
Friday, 26. January 2024

Baltic Horizon appoints Newsec to manage Galerija Centrs

The Baltic Horizon Fund investment fund has selected Newsec as its partner for the management of the shopping center Galerija Centrs, located in Riga. Starting from February 2024, Newsec experts will provide all services related to the maintenance of the shopping centre, including real estate management, leasing, accounting, ...
Tuesday, 28. November 2023

Storebrand Real Estate partners with Newsec

Newsec Property Asset Management will assist Storebrand Real Estate in managing a real estate portfolio consisting of approximately 400,000 square meters.
Friday, 24. November 2023

DWS rolls out VTS as first German headquartered asset manager

DWS today announced it has started to roll-out a digital leasing management solution for 39 million square feet across more than 150 properties in its pan-European commercial asset portfolio. The company is the first global asset manager headquartered in Germany to roll out VTS across its commercial pan-European real estate i...
Thursday, 9. November 2023

Savills IM appoints Pradera as property manager for Italian portfolio

Pradera Management Italy has been appointed by Savills Investment Management SGR SPA, acting on behalf of Fondo Gator and Fondo Panther, as property manager, exclusive leasing agent and retail strategic advisor for Le Isole Shopping Centre in Gravellona Toce, Buonvento Shopping Centre in Benevento and Brinpark Retail Park in ...
Thursday, 19. October 2023

The Dot Group acquires CRM Students from Corestate

Corestate sells the British student housing operator „CRM Students“ - and subsequently the German „Upartments Real Estate GmbH“ - to the British the Dot Group. With the sale, the company will focus on asset and investment management as its core business in the future.
Tuesday, 17. October 2023

Centrick wins contracts to manage more than 700 homes

Centrick’s building and estate management (B&EM) team secured a hat-trick of successes, being instructed to deliver its services at the Orion Building at Navigation Street, Watermarque at Browning Street and Temple House in Temple Street.
Friday, 13. October 2023

Griffes and Portland Trust cooperate in J8 Office Park

Griffes announces its partnership with Portland Trust to spearhead the leasing operations of J8 Office Park in Bucharest. This collaboration marks a significant milestone in the company’s growth, becoming the 8th building and a landmark property in Griffes portfolio.
Thursday, 5. October 2023

Tattersall Lorenz secures first mandate from Schroder

Tattersall Lorenz has been appointed by Schroder Real Estate VG mbH (Schroder) on the technical and commercial property management of a portfolio of twelve logistics, office and retail properties with a total lettable area of around 231,000 sq m excluding parking.
Monday, 24. July 2023

Multi to manage Hilton DoubleTree hotel in Lisbon

Multi Corporation, a leading European retail management and development company, has won the technical property management mandate for a hotel complex in Lisbon managed under the DoubleTree by Hilton brand and owned by a real estate fund of Commerz Real, the asset and investment manager of German Commerzbank.
Thursday, 13. July 2023

Apleona's merger with Gegenbauer implemented

The two facility and real estate service providers Apleona and Gegenbauer successfully closed their merger as of July 3, 2023. Following approval by all relevant authorities, the operational merger of the two companies to create a European industry leader with 40,000 employees and revenue of €3.5 billion will now be implement...
Wednesday, 5. July 2023