Hamburg, 15. April 2019 – The internationally-active property consultancy Cushman & Wakefield has now expanded its residential investment operations with local teams across Germany. Marking the beginning of its move into the residential property market, the company’s new operational teams will work on selling stocks of residential units and on building up new or expanding existing portfolios; they will also offer strategic consultancy services, production concepts, and support in identifying land for development; design and execution of sell-off strategies will complete the new local teams’ service offering.
With Philipp Krohn joining Cushman & Wakefield in Hamburg, the company’s first local residential investment team will take up operations this month. Starting immediately at partner level, 36-year-old Krohn will lead consultancy for residential property transactions in Hamburg and across northern Germany; with more than eight years’ experience in the city’s property market, Krohn joins Cushman & Wakefield after four years as managing director at Dahler & Company, working the desirable Hamburg-Alster segment.
“Hamburg has Germany’s second strongest market for residential property investment,” says Alexander Kropf, Head of Capital Markets Germany at Cushman & Wakefield, “and with the nationwide expansion of our residential investment teams, we will be able to draw together our local competencies in an even more efficient way than with our existing Germany-wide residential portfolio team. Following Hamburg, other residential investment teams will start work in various locations across the country”, he adds.
“We are delighted that, with Philipp Krohn, we have found a residential investment expert with a proven track record in the market,” says Marc Rohrer, Head of Capital Markets Hamburg at Cushman & Wakefield. “Philipp is an ideal addition to our Hamburg investment team and we look forward immensely to working with him.”