HIH Property Management GmbH (HPM) and international real estate advisor Savills have announced their new strategic partnership.
HIH Property Management GmbH (HPM) and international real estate advisor Savills have announced their new strategic partnership. Going forward Savills will recommend HPM to clients as its preferred partner for all property management services in Germany. The alliance will enhance Savills existing broad pan-European property management operation particularly for European clients active in the German real estate market.
In Europe, including the UK, Savills currently has approximately 19.6 million sq m under management. Tim Bretten, director of European property management at Savills, says: “Expertise and flexibility in property management is an important factor in the competition for new business. 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.”
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, adds: “This partnership allows us to offer our clients a complete and comprehensive package of services. For example, when we successfully acquire a new asset or portfolio for a client HPM will be recommended to provide property management services.”
Thomas Junkersfeld, managing director of HPM, comments: “We are encouraged by the confidence Savills has shown in the services we provide. For us, this is a confirmation of our strong market position.”
In Bell Management Consultants’ Property Management Report 2013, HPM was awarded first place for office management for the fourth consecutive year, out of companies with up to €18 million turnover. With 85 employees, HPM has branches in Hamburg, Berlin, Munich, Frankfurt, Dusseldorf and Cologne and currently manages around 300 properties with a total volume of €3.9 billion and a total volume of 2.2 million sq m.