New real estate network German Property Partners is established
On 20 August, the real estate service provider Grossmann & Berger GmbH and private banking house Ellwanger & Geiger founded German Property Partners, a nationwide commercial real estate network.
German Property Partners aims to act as a full-service provider to companies in the commercial real estate sector with a presence in all key property locations in Germany. Thanks to the network and the leading position of the partners in their regional markets, real estate customers throughout Germany can enjoy preferential access to local market knowledge and property.
The banking background of the founding partners means that the real estate network can also offer financing solutions. At the time of its establishment, the network has offices in Hamburg, Berlin, Stuttgart and Munich.
The range of services offered by German Property Partners covers all aspects of commercial property:
- Property investments
- Commercial leasing
- Corporate real estate management (CREM)
- Other services
- Banking and financial services
- Equity financing for development projects
- Fund and asset management
- Property management
The second founding member of the network is Ellwanger & Geiger Real Estate, based in Stuttgart and with an additional office in Munich. The Stuttgart real estate services provider belongs to the private banking house Ellwanger & Geiger, which was established in 1912. It leads the commercial real estate market in Baden-Württemberg and Bavaria.
There are plans to expand the network to include Düsseldorf, Frankfurt am Main and Cologne, and initial discussions are under way.