- Date of Article
- Mar 16 2018
- Sector
- Commercial sectors
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Carter Jonas has formed a new strategic alliance with German Property Partners (“GPP”), the country’s leading independent real estate advisor, to target cross-border investment, agency and corporate real estate work across their respective markets.
The agreement will enable Carter Jonas’ client base to access opportunities in Germany and tap into expert market knowledge. The alliance builds on Carter Jonas’ existing network of relationships across Europe, which focuses on locations where there is strong international investment and corporate real estate activity, such as the Republic of Ireland and the Netherlands.Carter Jonas has 37 offices across the UK with regional hubs in London, Oxford, Cambridge, Bath and Leeds. In the last five years, the consultancy’s revenues have almost doubled. Total annual turnover increased to £55.7m (€62.9m) with pre-tax profits of £10.8m (€12.2m) in 2017. Carter Jonas acts for several of the largest international institutional investors and developers, including Aviva and Barings, as well as a growing number of international corporate occupiers such as SAPPI, Schindler and BASF.
Mark Granger, Chief Executive, Carter Jonas, said: “GPP is a leader in its market and the team brings a wealth of knowledge and experience across all the primary and secondary German markets. We are increasingly being asked to deliver EMEA-wide solutions for our clients, while there continues to be significant investment for German funds in London and other key UK cities. The strategic alliance will enable us to develop cross-border investment, leasing and corporate real estate activities between our two countries. We will continue to identify and enter into agreements of this kind to expand our international network and we are already progressing discussions with potential partners globally.”
Guido Nabben, spokesperson for GPP, said: “Our agreement with Carter Jonas represents an important milestone. We want to continue to build our international market position further and provide our clients with access to the most important European markets.”
Carter Jonas formed a strategic alliance with Amsterdam-based Van Gool Elburg in 2016, which focuses on the transactional markets for its international client base.
Ron Van den Berge, Partner, Van Gool Elburg, said: “We are delighted to have developed our network further through our new relationship with GPP. Many of our clients are interested in investing in property and projects in Germany, and GPP’s local market knowledge and quality of service can be strongly relied upon. We look forward to using MIPIM as an opportunity to promote our services in collaboration with Carter Jonas and GPP.”
Carter Jonas has formed a new strategic alliance with German Property Partners (“GPP”), the country’s leading independent real estate advisor, to target cross-border investment, agency and corporate real estate work across their respective markets.
The agreement will enable Carter Jonas’ client base to access opportunities in Germany and tap into expert market knowledge. The alliance builds on Carter Jonas’ existing network of relationships across Europe, which focuses on locations where there is strong international investment and corporate real estate activity, such as the Republic of Ireland and the Netherlands.
GPP is a nationwide union of real estate companies across Germany operating in the commercial property sector. Each company is a leader in its local market and the network covers all seven of the major German metropolitan areas of Hamburg, Berlin, Düsseldorf, Cologne / Bonn, Frankfurt, Stuttgart and Munich. In 2017, GPP transacted 5.65m sq ft (525,000 sq m) of occupational floorspace and over £1.7bn (€2.0bn) capital value in the domestic investment market. It employs 400 people across the network and provides services including investment, leasing and corporate real estate.
Carter Jonas has 38 offices across the UK with regional hubs in London, Oxford, Cambridge, Bath and Leeds. In the last five years, the consultancy’s revenues have almost doubled. Total annual turnover increased to £55.7m (€62.9m) with pre-tax profits of £10.8m (€12.2m) in 2017. Carter Jonas acts for several of the largest international institutional investors and developers, including Aviva and Barings, as well as a growing number of international corporate occupiers such as SAPPI, Schindler and BASF.
Mark Granger, Chief Executive, Carter Jonas, said: “GPP is a leader in its market and the team brings a wealth of knowledge and experience across all the primary and secondary German markets. We are increasingly being asked to deliver EMEA-wide solutions for our clients, while there continues to be significant investment for German funds in London and other key UK cities. The strategic alliance will enable us to develop cross-border investment, leasing and corporate real estate activities between our two countries. We will continue to identify and enter into agreements of this kind to expand our international network and we are already progressing discussions with potential partners globally.”
Guido Nabben, spokesperson for GPP, said: “Our agreement with Carter Jonas represents an important milestone. We want to continue to build our international market position further and provide our clients with access to the most important European markets.”
Carter Jonas formed a strategic alliance with Amsterdam-based Van Gool Elburg in 2016, which focuses on the transactional markets for its international client base.
Ron Van den Berge, Partner, Van Gool Elburg, said: “We are delighted to have developed our network further through our new relationship with GPP. Many of our clients are interested in investing in property and projects in Germany, and GPP’s local market knowledge and quality of service can be strongly relied upon. We look forward to using MIPIM as an opportunity to promote our services in collaboration with Carter Jonas and GPP.”