Andreas Siebert is the new Head of Retail Investment Germany at international real estate consultancy firm Cushman & Wakefield (C&W). Based in Dusseldorf, he is responsible for the company’s retail real estate acquisition and sales business in Germany. The 53-year-old will report to Alexander Kropf, Head of Capital Markets Germany. Andreas Siebert succeeds Nicole Römer, who has left the company.
Andreas Siebert joins C&W from Jones Lang LaSalle SE (JLL), where he had worked since 2009, most recently as Senior Team Leader Retail Investment NRW. JLL absorbed Kemper's in 2009, where Andreas Siebert had been employed since 1999, latterly as Managing Director in Düsseldorf from 2007. Previous stations of the real estate economist (ebs) and qualified banker include HSBC Trinkaus & Burkhardt and the former Dresdner Bank.
Alexander Kropf, Head of Capital Markets Germany, comments: "In Andreas Siebert, we are gaining a proven expert with 23 years of market experience for our retail division. In addition to his in-depth market knowledge and contacts in retail real estate investment, he has extensive experience in the concept development and letting of retail properties. He will further expand the existing team and focus our activities on letting in addition to acquisitions and sales." Kropf continues on the development of the asset class: "I am convinced that a large proportion of the price correction in the bricks-and-mortar retail market has already taken place. This market segment will remain important because consumers will not want ne deprived of a real shopping atmosphere despite the encroachments of online trade. However, in order to activate the dormant potential here, new concepts with a stronger experiential character are required."
C&W is increasingly focusing on the retail sector, both in Germany and internationally. To this end, the German team is to grow and letting activity is to be expanded.
