CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Acquires Berlin Consultancy acht+

1/13/2020
Global real estate services firm Cushman & Wakefield has continued its expansion in Germany with the acquisition of independent Berlin consultancy acht+. Founded in 2010, acht+ specialises in project management, technical due diligence, project general planning and cost management. The addition of these investor-focused services means Cushman & Wakefield can provide clients in Germany with a fully in-house solution for complex building projects.
 
Global real estate services firm Cushman & Wakefield has continued its expansion in Germany with the acquisition of independent Berlin consultancy acht+.

The strategic acquisition complements and strengthens Cushman & Wakefield’s business in Germany. Founded in 2010, acht+ specialises in project management, technical due diligence, project general planning and cost management. The addition of these investor-focused services means Cushman & Wakefield can provide clients in Germany with a fully in-house solution for complex building projects.

acht+ will be integrated into the firm’s Project & Development Services (PDS) business which provides services including design + build, building consultancy, building engineering and cost consultancy. With more than 50 employees, it will double the size of Cushman & Wakefield’s German PDS business. 

The client and geographical profiles of the two businesses complement each other. Cushman & Wakefield’s existing German PDS team, headed by Frank D. Masuhr, works primarily with corporate occupiers in the Berlin , Hamburg, Düsseldorf, Frankfurt am Main and Munich markets. In contrast, acht+’s nationwide client portfolio comprises landlords and institutional investors. 

Yvo Postleb, Head of Germany at Cushman & Wakefield, said: “The acquisition of acht+ is another important milestone for our expansion plans in Germany and is consistent with our strategy to support clients through the entire life cycle of a property. Combining with acht+ significantly enhances our Project & Development Services team and allows us to offer a comprehensive range of services to both occupier and investor clients.

Frank D. Masuhr, Cushman & Wakefield’s Head of Project & Development Services for the D-A-CH (Germany, Austria and Switzerland) region, said: “acht+’s established investor relationships and networks means we can service new sectors as we develop Project & Development Services into one of the main sales drivers for Cushman & Wakefield Germany.

The experienced founders and managing partners of acht+, Axel Funke and Oliver Mai, remain on board as managing directors. 

Axel Funke said: “We are delighted to join forces with Cushman & Wakefield which gives us a strong partner and access to new clients and projects through its global platform. Cushman & Wakefield’s local office network and wide range of complementary services also allows us to better service our existing clients in Berlin, Hamburg, Düsseldorf, Frankfurt am Main and Munich. As such, this mutually-beneficial opportunity continues the success of our journey so far.
 

Media Contact

Richard Coleman, Head of Communications EMEA
Richard Coleman

Head of EMEA Communications • London

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS