International real estate consultancy firm Cushman & Wakefield (C&W) 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. The aim is to further improve transaction advice for clients. The corresponding teams in Berlin, Frankfurt and Munich have also been strengthened. New regional management positions have been created and filled with in-house, experienced employees.
In Berlin, Marius Michael has taken on the role of Head of Residential. Simon Rothenbusch has been entrusted with this position in Frankfurt, and Alexander Blum in Munich. All three are long-serving C&W professionals and are intimately familiar with the local residential real estate markets. Together with their teams, they form part of C&W’s local Capital Markets investment teams and also constitute a national team, headed by Jan-Bastian Knod as Head of Residential Investment Germany. In this way, the strengthened teams offer investors even more profound local market knowledge as well as pan-German and global expertise.
“From the perspective of national and international investors, German residential real estate has high growth potential. Especially in the current market environment, investors are striving to diversify their portfolios towards residential use, as these offer stability and opportunities for value appreciation, especially on the demand side. As a result, we see an increasing need from institutional investors for advice in this area, who expect local expertise in combination with national and global networking. C&W can now guarantee this even more individually,” said Jan-Bastian Knod on the reasons for the further expansion in the Investment Residential field. “The further expansion of our Residential Investment team is in line with our global strategy of providing needs-based transaction advice and responding to market trends,” adds Alexander Kropf, Head of Capital Markets Germany.
Germany is one of the main target markets for institutional investors in residential real estate. One of the reasons for this is the traditionally high proportion of the population who rent their homes, which at more than 50 percent is the highest rate in Europe. In addition, there is high demand for housing and stable demographic development.
