Patrizia has commissioned Apleona Real Estate Management to handle property management for a nationwide residential portfolio of 92 properties, totalling c. 6,700 residential units. The agreed services include commercial and technical property management, property accounting, and also letting for part of the portfolio.
The property sizes in the portfolio managed by Apleona range from one to 310 residential units and are primarily located in the urban centres of Hamburg, Berlin, Frankfurt, Stuttgart, and Munich. The construction years of the various residential properties span from 1902 to 2021.
The management of all internal and external service providers, as well as reporting to the client, is handled through a central key account management team in Düsseldorf. The operational management of the properties and tenants is handled by Apleona Real Estate Management's residential specialists through regional branches in Berlin, Hamburg, Bielefeld, Düsseldorf, Frankfurt, Stuttgart, and Munich. The commercial administration (service charge settlement, property accounting) is handled by the corresponding Center of Excellence of Apleona Real Estate Management in Warsaw.
Dr. Gert W. Riegel, COO of the Apleona Group, comments: “Patrizia is one of the largest independent European real estate investment managers, focusing on stable rental income to sustainably secure and enhance the value of properties, as well as on satisfied tenants as the foundation of its success.' For Apleona, it is both an honour and a challenge to support Patrizia with its Residential Property Management in all aspects of modern property and apartment management.”
Julia Rahner, CEO of Apleona Real Estate Management, comments: “Our teams consist of experienced experts in Residential Property Management, Accounting, and Technical Management, who utilise modern digital technologies for property management and reporting. The combination of digital solutions, experience, and efficient processes enables us to meet the needs of top investors like Patrizia more quickly and effectively.”
Image source - Apleona.
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