Michael Thiele now also responsible for Global Occupier Services in DACH and the Netherlands
28/01/2021
Michael Thiele's expanded responsibilities follow Cushman & Wakefield's decision to transform the department even more into a global, supranational structure. GOS is thus structurally further adapting to the needs of international corporate clients – with fully integrated, seamless service across national borders. In his role as Head of Global Occupier Services DACH & Netherlands, Michael Thiele will continue to report to Richard Middleton, Head of Client Delivery GOS EMEA.
Before joining C&W in 2006, Thiele was Head of the Hamburg office of Ernst & Young Real Estate GmbH. In this position, he was also responsible for the establishment and expansion of the company in Northern Germany.
RECENT NEWS
Significant increase in importance of logistics sector in commercial real estate investment market
Due to its infrastructural importance, logistics and industrial real estate has gained in popularity with investors over the past five years.
Verena Bauer • 25/03/2024
C&W brokers the sale of the “Little White House on the Alster”
International real estate consultancy Cushman & Wakefield has brokered the sale of the former US consulate in Hamburg, also known as the “Little White House on the Alster”. The seller of the property, the government of the United States of America, was exclusively advised by C&W.
Verena Bauer • 15/02/2024
Skyline Tower Munich
The Munich office letting team of international real estate consultancy firm Cushman & Wakefield has let around 1,000 square metres of office space in Munich’s Skyline Tower building.
Verena Bauer • 01/02/2024
Facts and figures on investment in German rehabilitation clinic real estate
The rehabilitation real estate asset class enjoys great popularity as a component of institutional investors’ portfolios, thanks to stable utilisation rates, secure cash flows via long-term leases, low cost risks and attractive returns.
Verena Bauer • 31/01/2024
German residential asset class capability strengthened with new teams
Cushman & Wakefield is focusing more strongly on the residential asset class. As part of this pan-European strategy, the local structures in the existing residential investment sector in Germany are being optimised.
Verena Bauer • 25/01/2024
Hotel investment market in the doldrums in 2023, but positive signals for 2024
Cushman & Wakefield recorded a total transaction volume of EUR 1.5 billion for the hotel segment in 2023. This corresponds to a decline of around 23 percent compared to the previous year and is the lowest result of the past eleven years, falling short of the 10-year average by around 60 percent.
Verena Bauer • 11/01/2024
Dusseldorf’s CRE investment market at lowest point since 2004
Dusseldorf’s commercial real estate market and its extended logistics market area achieved a transaction volume of EUR 665 million in 2023 as a whole. Compared to both the previous year and the 5-year average, this corresponds to a decline of 80 percent. The was the lowest result since 2004.
Verena Bauer • 11/01/2024
Germany’s top office locations experienced the lowest take-up since the 2009
In 2023 as a whole, office take-up in Germany's five most important office locations was 25 percent below the previous year’s figures. The lower take-up was due to significantly fewer large-scale lettings and companies leasing less space.
Verena Bauer • 09/01/2024
Take-up in Hamburg’s office letting market at level of “new normal”
In 2023, international real estate consultancy firm Cushman & Wakefield (C&W) registered take-up of around 440,000 sq m in Hamburg’s office letting market.
Verena Bauer • 09/01/2024
Frankfurt’s office take-up again less than 400,000 square metres in 2023 – higher prime rent expected for 2024
Office take-up via lettings and owner-occupancy in Frankfurt’s real estate market totalled around 363,200 sq m in 2023. This year-end result was 3 percent below the previous year's figure (2022: 374,000 sq m).
Verena Bauer • 09/01/2024
Munich office letting market recovers in Q4 2023
International real estate consultancy firm Cushman & Wakefield (C&W) recorded take-up of around 470,000 sq m in Munich’s office letting market in 2023. This represents a decrease of 39 percent compared to 2022.
Verena Bauer • 09/01/2024
Berlin’s CRE investment market activity shrinks by more than 60 percent in 2023
Berlin's commercial real estate market had a similarly weak 4th quarter of 2023 to the previous quarter (EUR 575 million) with a transaction volume of EUR 580 million. This brought the 2023 total to EUR 3.27 billion, which is 62 percent less than the previous year and 66 percent below the 5-year average.
Verena Bauer • 09/01/2024
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