Bilfinger Real Estate is to take over the management of 178,000 m2 of office and hotel space in Germany.
Bilfinger Real Estate is to take over the management of 178,000 m2 of office and hotel space in Germany.
The German and European real estate services provider was awarded the management mandate by Munich-based Blue Asset Management. From 1 January 2014, Bilfinger Real Estate will be responsible for managing a hotel and seven office properties located in southern Germany and Frankfurt am Main.
In addition to commercial and technical property management, its services will include leasing, construction project management, the optimisation of operating costs, and insurance management.
Part of global engineering and service group Bilfinger SE, Bilfinger Real Estate offers integrated property service and advisory from more than 50 offices in Germany and Europe. The business has some €35 bn of assets under management across Europe.
