Four new mandates, expansion of project management and digitalization offensive: Tattersall Lorenz looks back on a successful 2024 financial year
Tattersall Lorenz Immobilienmanagement GmbH, an owner-managed, nationwide property manager, can look back on a successful financial year 2024.
With revenue growth of 16 percent, Tattersall is consistently pursuing its organic growth strategy of recent years.
The property manager increased its customer base to a total of 36 and expanded the portfolio under management by around 500,000 square meters through new and existing customers. Tattersall Lorenz now manages a total of 5.4 million square meters of rental space in 456 properties and 198 cities. Of this, 39 percent is accounted for by office properties, 45 percent by logistics properties, around 4 percent by retail properties and 5 percent by the hotel asset class.
In recognition of its successful work, Tattersall Lorenz was awarded first place in the Real Estate Brand Awards in the Property Manager category for the third time in a row.
“Our continuous growth and the awards we have received in recent years confirm that we are on the right track with our strategic direction and, above all, that we can satisfy our existing clients,” says Susanne Tattersall, Managing Partner of Tattersall Lorenz Immobilienmanagement GmbH.
Expansion of project management
The project management division expanded significantly in 2024.
With 71 construction projects and a team of eleven under the leadership of Marian Serr (Head of Technical Management), numerous projects were successfully implemented throughout Germany.
The construction volume managed amounted to around EUR 40 million, with the main focus on tenant improvements, fire protection, roof repairs and renovations as well as optimizing energy efficiency.
In 2025, this area is to be further expanded in order to be able to plan and implement targeted construction measures for existing customers as well as for individual orders, individual properties and entire portfolios. This is the first time in the company's history that Tattersall Lorenz has expanded its range of services to include clients outside of its mandate.
Digitalization and AI integration
With a six-figure investment in its IT infrastructure, Tattersall Lorenz 2024 is increasingly focusing on digital innovations.
The new position of project manager with a focus on artificial intelligence (AI) was created to drive forward the introduction of an internal AI solution. In future, this will automatically record rental contracts and reports, check emails for missing information and reply automatically. The AI will also be used as a training tool and internal reference work.
Sustainability and ESG engagement
Tattersall Lorenz assisted clients with BREEAM portfolio certification, social projects, the reorganization of waste management and the creation of ESG manuals, among other things.
Cooperation with Predium, a platform for sustainable and profitable real estate management, was also intensified, with the result that an ESG QuickCheck is now offered for managed properties, for example. This includes stranding point analyses, climate risk assessments and a taxonomy check. The further development of the tool will also make it possible to estimate the costs of phasing out the CO2 pathway for a property and to plan detailed measures.
Tattersall Lorenz draws a positive conclusion
With these developments, Tattersall Lorenz confirms its role as an innovative and sustainable property manager and will continue to expand strategic growth areas such as ESG, project management and letting in the coming years.
“The investments in digitalization and ESG services are decisive steps towards offering our clients innovative solutions and supporting them on the path to climate neutrality, decarbonization and lean real estate management,” emphasizes Susanne Tattersall.
The demand for ESG consulting services increased further in 2024.