- Five properties in Aschaffenburg, Bayreuth and Hamburg
- Management of 18,000 square metres of total rental space
- Capital Bay's quality management and ESG approach were convincing
• Management von 18.000 Quadratmetern Gesamtmietfläche
• Qualitätsmanagement und ESG-Ansatz von Capital Bay haben überzeugt
CB Property Management GmbH, part of the Capital Bay Group, has been commissioned by the LHI Group with the property management for a further five commercial properties. The properties in question are a hotel in Bayreuth, an office building in Aschaffenburg and three further commercial properties in Hamburg. The total rental area of the portfolio is approximately 18,000 square metres. The properties are managed by the Capital Bay branches in Nuremberg, Frankfurt and Lübeck.
"LHI already entrusted us with the property management for two properties in 2020. We are delighted about the new mandate and the trust placed in us," says Kristina Reidemeister, Regional Manager Property Management and Head of Asset Management Commercial at the Capital Bay Group. "Our credo is: property management is tenant management. This means that our focus is not only on the property, but in particular on the tenant. After all, the property must meet the tenants' utilisation needs and requirements and not the other way round. Our understanding of solution-orientated interaction between landlord, manager and tenant should lead to win-win situations for all parties involved. We look forward to working with LHI."
"We are very satisfied with Capital Bay's property management services for our properties in Friedrichshafen and Karlsruhe. The positive experiences and the high standards of quality management were decisive factors in our decision to entrust Capital Bay with the property management for further properties. We were also impressed by Capital Bay's ESG approach. ESG has been an integral part of LHI's corporate strategy for years. With Capital Bay, we see the opportunity to establish a partner with whom we can achieve our diverse sustainability goals," says Markus Niedermeier, Managing Director of the LHI Group.
George Salden, CEO of Capital Bay Group, says: "As an integrated investment and asset manager, it is important for us to listen to tenants' needs in order to recognise changes in preferences at an early stage and respond appropriately. This is the only way we can offer our investors and clients optimal management of their properties and thus realise the potential in their portfolio."
