C&W to manage twelve iii-investments properties

20 Dec, 2011, Frankfurt

Cushman & Wakefield (C&W) is to manage twelve iii-investments properties from the beginning of 2012. The portfolio, mainly comprising office properties in prime CBD locations throughout Germany including on the Zeil in Frankfurt and on Marienplatz in Munich, has a total area of 75,000 m² and an annual rental income of some € 10.4 million.

Anne Braun, C&W Germany’s Head of Property management stated “Having been mandated by HVB Immobilien AG at the beginning of this year with the management of eighteen mainly office properties totalling 200,000 m² in North Rhine-Westphalia and Baden Wuerttemburg, generating an annual rental income of approximately € 25 million, this new mandate strengthens our relationship with the UniCredit Group still further.”

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