Michael Thiele now also responsible for Global Occupier Services in DACH and the Netherlands
28/01/2021
Michael Thiele's expanded responsibilities follow Cushman & Wakefield's decision to transform the department even more into a global, supranational structure. GOS is thus structurally further adapting to the needs of international corporate clients – with fully integrated, seamless service across national borders. In his role as Head of Global Occupier Services DACH & Netherlands, Michael Thiele will continue to report to Richard Middleton, Head of Client Delivery GOS EMEA.
Before joining C&W in 2006, Thiele was Head of the Hamburg office of Ernst & Young Real Estate GmbH. In this position, he was also responsible for the establishment and expansion of the company in Northern Germany.
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Martin Polifke
Head of Business Development Services, Germany • 60311 Frankfurt am Main
RECENT NEWS
Major deals ensure a stable start to the year in the Munich office lettings market
According to Cushman & Wakefield, the Munich office lettings market has started 2026 with stable activity. In the first quarter of 2026, office space take-up totalled 139,200 m², remaining virtually unchanged from the same quarter of the previous year. However, compared with the high-volume fourth quarter of 2025, which saw 158,900 m², transaction activity was lower at the start of the year.
Martin Polifke • 14/04/2026
Hotel investment market sees a slow start to 2026
The German hotel investment market has made a subdued start to 2026. In the first quarter, transaction volume reached €221 million, around 44 per cent below the previous year’s level (Q1 2025: €395 million). Compared with the five-year average for the respective first quarters (around €319 million), this represents a decline of 31 per cent; compared with the ten-year average (around €576 million), the decline is as much as 62 per cent.
Martin Polifke • 14/04/2026
Caution characterises the start of the year in Frankfurt’s office lettings market
According to analysis by Cushman & Wakefield, office space take-up in Frankfurt (covering the city of Frankfurt as well as Offenbach-Kaiserlei and Eschborn) from new lettings and owner-occupancy totalled around 67,200 m² in the first quarter of 2026.
Martin Polifke • 13/04/2026
Healthcare property market starts 2026 with a clear upward trend
Cushman & Wakefield recorded a transaction volume of around €1.23 billion in the German healthcare property market in the first quarter of 2026. This represents an increase of around 78 per cent compared with the first quarter of 2025 (Q1 2025: around €690 million) and already exceeds the transaction level of the previous year after just three months.
Martin Polifke • 10/04/2026
Düsseldorf office market grows year-on-year but remains well below the long-term average
The Düsseldorf office market, including Neuss and Ratingen, started 2026 with a take-up of 41,000 m². Despite a slight increase compared with the same quarter last year (+8 per cent), market momentum remains subdued. Compared with the 10-year average, the figure is actually around 46 per cent lower.
Martin Polifke • 10/04/2026
Commercial property investment market defies economic headwinds and benefits from strong growth outside the top seven markets
Despite economic headwinds, the German commercial property investment market continued the upward trend of recent years at the start of 2026 during the first three months of the year. Transaction volume in the first quarter (excluding the residential sector) amounted to €7.55 billion, representing a 23 per cent increase compared with the same period last year (Q1 2025: €6.13 billion).
Martin Polifke • 09/04/2026
New openings on Europe’s luxury shopping streets are on the rise
The luxury retail sector in Europe continued to defy general industry challenges in 2025, with a sharp rise in new openings, increasing market participation beyond the global luxury giants, and growing pressure on scarce retail space in high streets.
Martin Polifke • 07/04/2026
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