Home » News & blogs » MVGM and JLL join forces by the first integration of property management activities
This week, the Dutch JLL team will start with 35 real estate management employees under the MVGM flag from the MVGM office on Rotterdam’s Bahialaan.
At the beginning of July, MVGM and JLL announced the acquisition of the European property management activities. Through the acquisition of 540 employees in 10 European countries, MVGM is creating a top 5 position in property management in Europe. Since the announcement of the transaction, MVGM and JLL have been working closely together to prepare a seamless transition for customers and employees.
The newly acquired property management portfolio of MVGM consists of 1 million m2 of commercial real estate in the Netherlands, including for example the Piet Hein Building in Amsterdam and Brug & Kade in Rotterdam. The clients are advised by the same teams and employees with whom they currently work.
Michiel IJzerman, managing director of MVGM Winkels and MVGM Kantoren “The integration of JLL property management activities into our organization is great news for our Dutch clients. We welcome our new colleagues to our office in Rotterdam and look forward to serving our customers together.”
MVGM has experienced significant growth in recent years through the acquisitions of Dutch property managers Actys and Verwey Vastgoed and the German PropertyFirst. The acquisition of JLL’s property management activities gives MVGM access to eight additional countries in addition to the expansion in the Netherlands and Germany are: Spain, Portugal, Belgium, Luxembourg, Poland, the Czech Republic, Romania and Slovakia.
JLL continues its intensive collaboration with MVGM through an alliance partnership where clients benefit from both specialized teams.