CBRE APPOINTED BY COMMERZ REAL TO MANAGE ITS UK PROPERTY PORTFOLIO
CBRE, the global real estate advisor, has been appointed by Commerz Real to manage property assets within the investment portfolio of its open-ended real estate fund hausInvest, covering 1,100,438 sq ft, across the UK.
The portfolio comprises seven mixed used assets predominately in London, with one located in Liverpool at Mann Island. The six properties based in the capital include 180 Great Portland Street, Paternoster House, 1 Paternoster Square, Athene Place, an industrial unit in Harlow and two hotels - the Novotel and IBIS - in Blackfriars.
CBRE’s role is to deliver day-to-day property management to each of the assets ensuring the occupiers receive a first class service. In total CBRE now property manages over 4,850 properties in the UK.
Martina Kraus, Property Management Controlling at Commerz Real said:
“We welcome CBRE to our supplier family and look forward to working with its experienced team to ensure our UK office and logistics portfolio is managed in line with our overarching aims. This includes a truly ‘one team’ integrated approach that embeds itself with our business so our assets receive a high quality property management service, ensuring occupier satisfaction and engagement from inception.”
We are proud to have been appointed by Commerz Real to manage its office and logistics portfolio in the UK. We look forward to becoming an extension of its team to deliver a service that enables its properties to stand out from the crowd.