Josef Filser has taken over as Head of Hospitality Germany at Cushman & Wakefield. In this new role, he is responsible for all transactions and lettings as well as strategic advisory mandates for the international real estate consultancy’s Hospitality division in Germany. The 36-year-old reports to Alexander Kropf, Head of Capital Markets Germany at C&W, and succeeds Stefan Giesemann, who has left the company.
The proven hotel expert has more than ten years’ experience in hotel consulting and joined C&W in 2020. He spent eight years with JLL first in London and then, for five years, in Munich.
Alexander Kropf, Head of Capital Markets Germany at C&W, commented: "We are currently seeing the hospitality sector pick up speed again and gaining in importance among investors, despite the current uncertainties. In Josef Filser, we have a highly capable contact who, together with his team, can address the individual requirements of this special investor group in detail."
Josef, a graduate of the renowned EHL Hospitality Business School, recently conducted the sale of a Munich B&B hotel with 135 rooms byAl Zayani Investments, Bahrain, to Abrdn Investments Germany for C&W on the seller's side. He also advised on the acquisition of Bierwirth & Kluth Hotel Management, one of the leading hotel operators in the DACH region, by the Borealis Hotel Group.
He commented: "The opportunity to assume even more responsibility at C&W in these turbulent times is a challenge I am more than happy to take on. I am convinced that the hotel asset class will gradually recover from the travails of the Covid pandemic over the coming months. I see particularly strong potential in holiday destinations, which I would like to leverage with my team for our clients. At the same time, I am sure that the strong recovery in the operative markets, in combination with rising yields, will increase the attractiveness of hotels as investment assets."
