DTZ and Deutsche RealCorp (DRC) have set up a 50/50 joint venture under the name DTZ RealCorp. The aim of the new company is to advise businesses on the sale of their property assets using DRC's sale-and-lease-back model, while at the same time, creating an investment product for institutional investors. 'Cooperation with DTZ increases the scope of the sale-and-lease-back model and gives businesses access to the capital markets,' said Matthais Gehrmann, of DRC, one of the new company's two managing directors.

DTZ and Deutsche RealCorp (DRC) have set up a 50/50 joint venture under the name DTZ RealCorp. The aim of the new company is to advise businesses on the sale of their property assets using DRC's sale-and-lease-back model, while at the same time, creating an investment product for institutional investors. 'Cooperation with DTZ increases the scope of the sale-and-lease-back model and gives businesses access to the capital markets,' said Matthais Gehrmann, of DRC, one of the new company's two managing directors.