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3PM Services increases managed space to over 1 million square metres

3PM Services GmbH (3PM Services) increased its total lettable space under management to over 1 million square metres last year – an increase of around 50 per cent compared to the end of 2019. Over the past year, the company has added five mandates and now manages 232 properties across Germany.

The company’s largest new clients in 2020 included Peakside Capital (Peakside) and Zamberk Real Estate Ventures (ZREV). For a supermarket investor, for whom 3PM Services was already active before, several property management mandates were added for around 120 food markets across Germany and thus a cumulative area of around 250,000 m². A new client since the first half of 2020 is the fund and investment manager Peakside, which commissioned 3PM Services with the commercial and technical property management for 20 office properties in the Omega portfolio, among other things. The properties in major German cities and conurbations comprise a total of 210,000 m². 3PM Services has taken over the property management of six properties throughout Germany for ZREV from Frankfurt am Main. The portfolio comprises mainly office properties, but also retail, hotel and light industrial. The total area amounts to around 30,000 sqm.

In parallel, the number of employees grew from 27 to 43 and, in addition to the headquarters in Berlin, a new location was opened in Frankfurt in January. Antje Lubitz, Managing Director of 3PM Services, says: “We are very proud that the onboarding and retention of all new employees in Corona times has worked so well. We have set up various new internal trainings and processes to support the team in the best possible way.”

New business division: Business Development and IT-Systems

Another focus of the company last year was on the topic of quality assurance through an improved IT infrastructure. After analysing the existing system landscape, interfaces to the data management system WINDREAM were optimised and expanded, automatisms, especially in reporting, were established and adapted, and training measures for employees were carried out. For example, invoice entry, invoice receipt and release were completely digitalised. Work is currently underway on an automatic filing structure.

Antje Lubitz comments: “With the establishment of the new Business Development & IT Services division in autumn last year, we set the course for our further portfolio expansion in terms of both personnel and technology and are thus taking our systems to the next level.

About 3PM Services GmbH

3PM Services GmbH is a real estate service company headquartered in Berlin. Founded in 2016, the company covers the entire real estate life cycle and offers national and international fund and investment managers, asset managers and project developers various services in the areas of property management, project management and accounting. In doing so, 3PM Services looks after all types of buildings in the asset classes office, retail, hotel & leisure and logistics throughout Germany and covers all risk classes from value-add to core investments.

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