Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

C&W awarded property management mandate for Monsoon portfolio

Following the acquisition of the Monsoon portfolio, an international private equity company has appointed Cushman & Wakefield (C&W) to provide property management services for ten shopping centres and retail parks in Germany. The retail properties comprise a total lease area of around 266.000 m² with over 400 lessees. Acrest Property Group is acting as asset manager for the portfolio.

Nina Jansen and Andreas Gast, Co-Heads Property & Asset Management at C&W in Germany commented: “Our expertise in the retail segment was the key factor in our appointment. We manage a total area of around 2 million m² in Germany, of which around 40% is retail space. We also have a highly effective letting team that specialises in the marketing of local supply centres and retail parks. In 2013, we concluded around 180 transactions for the properties under our management.”