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Top retail agents Marc Alfken and Stefan Weiss join Cushman & Wakefield in Germany
4 Jun, 2012, Frankfurt
Cushman &Wakefield has hired two top retail agents, Marc Alfken and Stefan Weiss, to strengthen and expand its retail team across Germany. Marc Alfken, formerly head of retail leasing at Jones Lang LaSalle (JLL) in Germany, has joined Cushman & Wakefield (C&W) as a Partner, Head of Retail in Germany and member of the C&W German Board. Stefan Weiss, previously a National Director at JLL is joining Cushman &Wakefield as a Partner and Head of Retail Leasing Germany.
Marc Alfken has 16 years of experience in the retail real estate sector and was most recently National Director and Head of Retail leasing for JLL’s retail teams in nine offices in Germany. From 1999 until the takeover of Kemper’s in 2008, he was a director and share holder building up Kemper’s Frankfurt office and further expanding Kemper’s letting activities nationally. Prior to joining Kemper’s in 1996 he completed his real-estate professional qualifications with Müller International, now BNP Paribas Real Estate as well as completing advanced professional studies at the European Business School.
Stefan Weiss is a National Director with JLL, who began his career in Kemper’s Frankfurt office in 1999. In 2008, he moved to the Stuttgart office where he significantly strengthened the retail team. From 2011 he led retail letting in Hamburg as well as providing coordination for the entry of international retailers into the German market.
Together Marc and Stefan have over 30 years of experience providing advice, brokerage and concept planning for retail real estate. They also specialise in advising national and international retailers on their expansion as well as advising owners and developers on the concept, planning and letting of retail space in prime locations and shopping centres.
Paul Bacon, CEO of Cushman & Wakefield in EMEA, commented on the new hires: “Marc and Stefan bring the expertise and experience to enable us to swiftly and sustainably expand our retail leasing business across Germany. We have the leading pan-European retail platform and I am delighted that we are strengthening our retail offer in Germany to be on a par with first class retail services provided by Cushman & Wakefield in other countries across Europe.”
John Strachan, head of Global Retail at Cushman & Wakefield said: “Germany is proving to be increasingly attractive to international retailers who are continuing to step up cross border activity and international expansion in search of growth outside domestic markets. Having Marc and Stefan on board with their in-depth knowledge of the market and international retailers means we are even better positioned to provide our clients with the very best service across the retail sector.”
Cushman & Wakefield’s 200-strong European retail team transacted just over 3,000 transactions totalling 3.7mn sq m in 2010. Cushman & Wakefield is No.1 adviser for shopping centres in Europe and is retailed on 259 of the best schemes, across 18 countries totalling ca: 9 million sq m. Cushman & Wakefield is retained or has preferred agency status in one or more countries with 250 retailers.
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