CBRE Global Investors Germany has appointed HIH Property Management (HPM) to manage a portfolio of German property.
HPM is part of property firm HIH Hamburgische Immobilien Handlung and will be responsible for a portfolio containing six properties and rental space of 50,300m² in Germany.
Among the properties are mixed-use commercial buildings such as office, hotel and retail sites as well as a multi-storey car park.
The properties are located in Frankfurt, Offenbach, Düsseldorf and Neubiberg near Munich. HPM will manage the property for two years.
HPM has offices in Hamburg, Berlin, Munich, Frankfurt, Düsseldorf and Cologne and is responsible fro 324 properties worth €4.1bn.