London, Berlin – The Knight Frank Berlin office has hired a team of three leading Capital Markets agents, Hanns-Joachim Fredrich, Heiko Franke and Daniel Shakhatreh to join from Cushman and Wakefield.
Heiko and Daniel will start at Knight Frank on 1st June, and Hanns-Joachim will join on the 1st September 2016.
The team bring with them invaluable client relationships and an impressive track record within the local market. The predominant focus moving forward will be on core office and retail assets, residential, hotels and development sites – working together with the European Capital Markets team, headed by Andrew Sim in London, being a key element of the team’s on-going growth.
Chris Bell, Managing Director Europe, states: “We have identified Berlin as one of our key international markets and focused our Capital Markets growth on the City - therefore we are extremely proud to announce the arrival of the new team members who are a great fit with the strong performance of our existing team in Berlin.”
Ole Sauer, Partner of Knight Frank Berlin, commented: “It is fair to say that we have attracted one of the best Capital Markets teams in Berlin which demonstrates the strength of the Berlin office and our brand; I am proud to see a team of three exceptional individuals arriving shortly and advising our national and international clients. Hanns-Joachim Fredrich and the team have an impressive track record and capital markets expertise.”
Berlin is a key destination for national and international capital markets flows, with office take-up of over 900,000 sqm in 2015 and a total investment volume of €2.9 billion. It is quickly developing into a metropolitan city, currently positioning itself in the top five cities of Europe.
Prime Yields in Berlin are almost at London and Paris levels and international investors remain enthusiastic about Berlin as an international investment location within Europe, providing some of the best underlying fundamentals for an ongoing growth in the real estate market.
For further information, please contact:
Charlotte Lawrence, Commercial PR Manager, +44 (0) 20 7861 1744