Real estate adviser Savills has formed a strategic partnership with HIH Property Management (HPM) in Germany.
Real estate adviser Savills has formed a strategic partnership with HIH Property Management (HPM) in Germany.
Under the alliance, Savills will recommend HPM to clients as its preferred partner for all property management services in Germany.
Savills currently has around 19.6 million m2 under management In Europe, including the UK.
'With HPM we have found an excellent partner in the German market. The firm is a leader in its field and has consistently proven that it can meet the high expectations of our clients,' commented Tim Bretten, director of European property management at Savills.
In Germany, Savills currently provides expertise on investment sales and acquisitions (portfolios and single properties), corporate finance-valuation, office and retail lettings, industrial and warehouse sales and lettings and corporate real estate services.
Andreas Wende, head of investment at Savills Germany, added: 'This partnership allows us to offer our clients a complete and comprehensive package of services.'
With 85 employees, HPM has branches in Hamburg, Berlin, Munich, Frankfurt, Dusseldorf and Cologne and currently manages around 300 properties with a total value of €3.9 bn and a total volume of 2.2 million m2.
