Savills has acquired workplace specialist BRICKBYTE in Germany. The start-up combines services and consulting with digital space proptech to create sustainable office concepts. With the acquisition, Savills is responding to increasing client demand for workplace consulting. The BRICKBYTE team will operate from Munich and Berlin.
In 2019, Norman Romeike founded BRICKBYTE; Tobias Hetfleisch joined in 2020 und Alessia Finckenstein in 2021. The business operates at the intersection of real estate consulting, architecture and digitalisation. Clients include ADAC (the German AA),Porsche and EDGE. BRICKBYTE combines workplace and Corporate Real Estate Management (CREM) consultation with innovative digital modules. The digital tool BRICKBYTE X helps clients with analysis, strategy and concepts as well as implementation and operation. Amongst others, this includes workplace usage and capacity studies, office space analyses supported by artificial intelligence, 3D visualisations and organisational change management.
Marcus Lemli, CEO Germany and Head of Investment Europe at Savills, said: "The hybrid world of working has led to an increasing demand for flexible office space concepts. With the acquisition of BRICKBYTE we are further strengthening our client offering and expanding our in-house business line Workplace Consulting. Going forward, we will focus more on the strategic development of office space as well as the occupier demands placed on it. The planning tool will make it easier for us to offer our clients tailor-made solutions and implement them more quickly. Occupiers and landlords will be able to benefit from our know-how. We are pleased that we were able to secure Norman Romeike and his team for the long term."
Jeremy Bates, EMEA Head of Occupational Markets at Savills, commented: “This is a great opportunity to add a well-established workplace specialist to further enhance our existing offering and complementary areas of client service in Europe’s largest economy. Demand for advice in this area continues to increase and with this acquisition we will be able to service clients in Germany as part of a national or pan-European requirement.”
Norman Romeike, founder and managing director of BRICKBYTE, said: "As one of the leading international real estate advisors, Savills offers a strong network that opens up new possibilities and growth opportunities for BRICKBYTE. By being part of the international group, we can further expand and strengthen our position in the market."
