TATTERSALL·LORENZ gains additional instruction from M7 Real Estate

Die TATTERSALL·LORENZ Immobilienverwaltung und -management GmbH (Tattersall·Lorenz), an owner-operated SME property manager based in Berlin, has been given a further instruction from M7 Real Estate for the property management of 47 properties in six federal states. With effect from 1 August 2019, Tattersall·Lorenz is taking over the management of the 585,000 square metre portfolio, which will be coordinated from the company's Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover and Stuttgart offices.

Alyssa Huse, Managing Director of M7 Real Estate Germany, said: "Tattersall·Lorenz has been managing over 100 assets for us during the last two years. It was, therefore, an easy decision for us to entrust this portfolio to a property manager who is very familiar with both the asset class and M7 as client and with whom well-coordinated teams and efficient processes are already in place.

Susanne Tattersall, Managing Partner of Tattersall·Lorenz, said: "We are pleased about the expanded cooperation and the trust of our long-standing client M7. The expansion of mandates confirms and motivates our commercial and technical property managers and is a testimony to the quality of our employees' work."

The properties, which are located in North Rhine-Westphalia (13), Baden-Württemberg (13), Hesse (12), Lower Saxony (5), Bavaria (3) and Saxony (1) are occupied by 229 tenants. Their main use is light industrial and logistics.

Tattersall·Lorenz now manages 351 properties, with a total floor area of some 3,390,000 square metres.