Bilfinger Berger unit buys 75% of Dutch-owned Actys

EPM Assetis (EPM), a subsidiary of German listed company Bilfinger Berger, has made a strategic investment in Dutch commercial property manager Actys Holding with the purchase of 75% of Actys' shares.

In a statement on Friday, Actys said the partnership 'will accelerate the roll out of its international growth plan as an independent commercial property manager'.

'As the leading property management company in Germany with strong positions in most European countries, EPM can support Actys' clients to effectively manage their (inter)national property,' said Patrick Kremer, CEO of Actys Holding. 'At the same time, the partnership offers Actys access to a vast international client base of EPM, looking for expert property management services in the Netherlands,' he added.

Both EPM and Actys have an identical strategy to operate as independent property managers, servicing both tenants and lessors.

Actys Holding, with offices in Amsterdam, Apeldoorn and Utrecht, has a portfolio of 2 million m² of offices under management as well as 600,000 m² of shopping centre areas.

EPM manages 20 million m² consisting of 3,000 office properties, 30 shopping centres and 90 business parks and logistic centres.