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3PM Services increases managed space to approx. 2.4 million square metres

 3PM Services GmbH (3PM Services) continues its growth in the first half of 2021. The number of managed properties was increased from 138 to 337 compared to the end of June 2020. The total lettable space under management now amounts to almost 2.4 million square metres – a growth of around 70 percent compared to the previous year. 

In the first half of 2021, 3PM Services took over the property management of two new portfolios with 39 properties of the x+bricks Group, among others. The portfolio mainly comprises supermarkets and discounters, but also mixed-use properties and retail parks with food anchors throughout Germany. The total area amounts to almost 60,000 sqm. This means that 3PM Services now manages around 200 buildings with more than 500,000 sqm of space for x+bricks. In a follow-up assignment, another office building in Ratingen was also added by Zamberk Real Estate Ventures. 3PM Services took over the commercial and technical property management of the directly held properties from the real portfolio for the SCP Group. This involves 68 properties with a total area of almost 1,200,000 sqm throughout Germany. 

The growth course is also evident in the workforce. Since July 2020, 25 new employees have joined the team at the two locations in Berlin and Frankfurt am Main. This means that 3PM Services currently employs 53 people. To accommodate the team growth, the Frankfurt staff moved to a larger office in Westhafen in May. The 380 sqm have room for 16 employees; ten are already on site. At the Berlin location, the space was also expanded by 137 sqm. 

Antje Lubitz, Managing Director of 3PM Services, says: “The ongoing pandemic has continued to present us with different challenges in the first half of 2021. But with the performance of the entire team, we have been able to further expand our business – we want to build on this in the second half of the year. One focus will be to continue to digitise our processes and leverage the resulting synergies for our clients.” For example, the approval process was accelerated by directly integrating the client into the workflow of the WINDREAM data management system. 

Services to support ESG strategies 

3PM Services plans to further expand its cooperation with the operating cost specialist Westbridge Advisory GmbH. “Together we already offer the possibility of converting energy and electricity contracts of properties and entire portfolios to ‘green’,” says Antje Lubitz. Now the partners also want to work more closely with facility managers in the reporting of consumption data and in the context of day-to-day management in order to provide clients with the best possible support in implementing their ESG strategies. 

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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