ESTAMA TO MANAGE PORTFOLIO FOR PEARS GLOBAL IN GERMANY

March 30, 2009

Estama , the property asset management company, has been instructed by Pears Global Real Estate Investor to manage a portfolio of 75 retail properties totalling 1.5 m sq ft in Germany. The properties are located across Germany, including Berlin, Hanover, Nuremburg and Leipzig.
The management and leasing instruction will principally comprise supermarkets and retail parks and include tenants Aldi, Lidl and Edeka. This follows their recent asset management instruction from Resolution for a 45,000 sq m retail portfolio and underlines the current demand in Germany from UK based investors.
Ben Tolhurst, managing director of Estama, comments: “there is a growing need for reliable, proactive property management services in Germany which deliver real value. Estama is providing this together with specialist asset management experience and detailed German market knowledge, to help investors achieve good results in a tough market.”
Estama was established in 2005 to meet the growing need for asset management services following an influx of foreign money into the German property market.

Latest News

THE BOUTIQUE WORKPLACE COMPANY SIGNS PARTNERSHIP AGREEMENT WITH PRIVATE LANDLORD AND EXPANDS ITS NETWORK OUTSIDE LONDON

November 24, 2020 - 10:35

The Boutique Workplace Company is to open two new flexible workspace offerings in Kingston-upon-Thames and Wantage in south Oxfordshire after signing a partnership agreement with a private landlord. T[...]

+ Read More

PLANS FOR LEISURE WORLD REGENERATION SUBMITTED TO SOUTHAMPTON CITY COUNCIL

November 24, 2020 - 10:31

Sovereign Centros, the development manager for the proposed regeneration of Leisure World in Southampton, has submitted an outline planning application for one of the city’s most significant regener[...]

+ Read More

ARLINGTON EXPANDS OXFORD BUSINESS PARK OWNERSHIP WITH SPIRES HOUSE ACQUISITION

November 24, 2020 - 10:25

Arlington has continued to consolidate its ownership at Oxford Business Park by acquiring Spires House, a 49,421 sq ft multi-let office building from Harbert European Real Estate. Also known as Buildi[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR