Cushman & Wakefield strenghthens its Lisbon Asset Management Team

25 Feb, 2008, Lisbon

Global real estate consultant Cushman & Wakefield (C&W) recently announced the appointment of Bruno Santos, Bruno Silva, Nuno Magalhães and Paulo Pereira to its asset management department.

Bruno Santos attended part of a Business Studies degree at Lisbon’s Universidade Lusófona, and prior to joining C&W, he worked as a facilities manager at Portuguese property management company PREA.

In his turn, Bruno Silva holds a degree in Economics from Universidade Lusíada, and a post-graduate degree in real estate and shopping centre management. Bruno worked at Ségécé as a shopping centre manager, and was in charge of various properties, including Carrefour, Pingo Doce and Feira Nova shopping centres.

Nuno Magalhães, is returning to C&W where he had carried out the same role of asset manager between 2001 and 2002. Between these two periods of time he had similar responsibilities at property consultant Jones Lang LaSalle, and was responsible for the asset management of clients such as Promosete, Deutsche Bank, LaSalle Investment Management, and Banif Investimento, among others.

Paul Pereira has a degree in Business Studies from ISLA, and prior to joining C&W, he was a valuer at real estate valuation company Qualitas.

The asset management team, headed by Ricardo Valente (Associate) has now 13 professionals and 36 buildings under management, including part of Imopólis and Chamartín Imobiliária portfolios, Torre Zen (owned by Standard Life Investments), Torre Fernão Magalhães (owned by Credit Suisse) and the headquarters of IBM (owned by Deutsche Bank), the latter located in the Parque das Nações, in Lisbon.

C&W is responsible for all the administrative formalities relating to the properties of its clients, also providing technical management services, including maintenance contracts and the day-to-day technical management of the buildings. All the financial aspects of the properties are also handled by the consultant, including services such as invoicing and payment of rents, taxes and expenses of tenants, management of bank accounts, verification of current accounts and the preparation of financial reports.

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