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C&W strengthens focus on residential asset class

18/03/2021
International real estate consultancy firm Cushman & Wakefield (C&W) is broadening the scope of its investment advisory activities: In the future, the team will focus more on the residential asset class. To this end, C&W has appointed Markus Elmer (30) and Jan-Bastian Knod (30), both based at C&W's Frankfurt office, as co-heads of Residential Advisory. In addition to traditional residential portfolios, this field also includes the two alternative asset classes of Healthcare and Micro Living. Markus Elmer will be responsible for transactions in the Micro-Living & Student Housing segment throughout Germany, while Jan-Bastian Knod will be in charge of the Healthcare segment.

Residential Advisory is part of the Investment Advisory team headed by Simon Jeschioro, Head of Investment Advisory Germany, which in addition to residential real estate also handles portfolio and platform transactions in the office, retail and logistics segments. The restructuring that has now taken place is aimed at meeting the growing demand for residential real estate investments. At the same time, increasingly complex issues make professional and tailored advisory services necessary.

"The further strategic development of our advisory team meets the increasing demand for complex advisory services beyond the traditional office portfolios and platforms. This is because, especially during the COVID-19 pandemic, the residential asset class has once again become the focus of numerous investors, including new ones. In many cases, there is interest both in the properties themselves, as well as in partnerships or takeovers for the operation of the properties" explains Simon Jeschioro, Head of Investment Advisory Germany.

In addition, C&W plans to expand its local teams in the residential sector. In addition to Philipp Krohn, Head of Residential Hamburg, the aim is to establish local contacts in the other locations and to grow further in this segment.
 

MEDIA CONTACT

verena bauer
Verena Bauer

Head of Marketing & Communications Germany, Cluster Lead • 60313 Frankfurt am Main

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