This was preceded by a large-scale tender for a total of 150 properties, divided into seven lots. The total rental space of the 120 office and commercial buildings and 30 hotels comes to around 2 million square metres.
STRABAG PFS won Lot 1, which was one of the two largest portions of the tender, with total rental space of around 795,000 m2. It includes renowned properties such as EMPORIO in Hamburg and MainTor Porta in Frankfurt. The agreed property management services include tenant support, the management and monitoring of service providers, the management of renovation measures, bookkeeping and reporting.
STRABAG PFS has managed Union Investment properties since 2013.