Commerz Real, German Commerzbank’s investment manager for real assets, has appointed commercial property specialists Matthews & Goodman to manage its UK office and hotel property portfolio, which comprises assets in London (including Paternoster Square and 180 Great Portland Street) and Liverpool.
Led by Matthews & Goodman partner Nigel Watson, the team will be responsible for property management, as well as all service charge accounting functions. The contract will commence in January 2019.
Commenting on the appointment, Thomas Longerich, head of Commerz Real’s London branch, said “Our brief was simple. We wanted to appoint a company to manage our office and hotel properties efficiently and ensure that our tenants will have an excellent occupier experience.”
Martina Kraus, Property Management Controlling at Commerz Real, adds: “Having met the Matthews & Goodman team we feel confident that we have made the right decision to manage our properties professionally and to develop the day-to-day services for our buildings further.”
Nigel Watson, partner, Matthews & Goodman, comments: “This appointment marks a significant milestone for us as a team and for the firm as well.
“We are all really looking forward to working on properties located in some of the most iconic locations in the country, as well as with a client team which is as focused on the welfare of its occupier community, as it is on running a profitable investment portfolio.”
The Matthews & Goodman team is located in London and Liverpool. It has a proven and successful track record of managing office and mixed-use portfolios for investors and commercial landlords.