Following a tendering process, German investor IVG has appointed Cushman & Wakefield in Spain to handle the property, technical and accounting management for its Spanish portfolio. This portfolio consists of 12 assets with a volume of 80.000 m², located around the country.
With this new mandate, Cushman & Wakefield manages more than 1.7 million m², in Spain.
"This new mandate with IVG positions us as a leader in Europe and shows the excellent work that the teams in Cushman & Wakefield provide at a pan-european level", said Susana Clarke, Partner and Head of Property & Asset Management in Spain.
In addition, IVG has also retained Cushman & Wakefield’s French teams to manage a portfolio of 29 office buildings as well as renewing its management mandates with Cushman & Wakefield in Italy and Portugal, demonstrating its confidence in the world’s leading real estate company.