Apleona GVA Real Estate Advisors (formerly Bilfinger Real Estate) and Austrian investment consultants FLE GmbH, part of the LFPI Group, are expanding their cooperation in Germany. In addition to the office property portfolio in Baden-Württemberg, which the company has managed since 2014, Apleona GVA has now taken over real estate management for the Bavarian portion of the FLE portfolio. This includes seven office buildings in Munich, Augsburg, Nuremberg, Regensburg and Geretsried with a total of around 48,000 square meters of floor space.

With the follow-up contract, the real estate portfolio managed in Germany for FLE increases to a total of 16 office buildings with an area of approximately 100,000 square meters.

In addition to commissioned property management, Apleona GVA serves as a preferred partner for the provision of further services related to the optimization and value enhancement of the properties. These include energy modernization, reduction of ongoing operating costs, management of rental space expansion as well as letting.

Dr. Bernadett Pauer, Head of Asset Management at FLE: “In asset management, we consider each property individually and identify appropriate value enhancement measures. Apleona GVA has been helping us implement these measures for many years as a competent and flexible partner.”