DTZ has been advised by CBRE Global Investors that it will continue to lease and manage Złote Tarasy, shopping centre located in the heart of Warsaw. In a very competitive environment, DTZ has been re-selected to deliver its existing scope of services including property management, leasing, marketing and financial services to Złote Tarasy.
We are delighted to be entrusted by the owners of Złote Tarasy to continue our leasing and property management mandate on this landmark asset. This achievement is testament to the passion, commitment and engagement of our dedicated team on site, said Christopher Rasiewicz, Head of Property Management, DTZ. We are truly excited at the prospect of furthering our cooperation with CBRE Global Investors and our participation in the evolution of this unique property, added Rasiewicz.
The Złote Tarasy shopping centre consists of 66 000 sq m of GLA and boasts 196 retail stores. DTZ’s long established property and asset management team in Poland provides key services for retail and business space users. DTZ is celebrating the 20th anniversary of its presence in Poland. Currently DTZ is managing offices, warehouses and shopping centres. In 2013, DTZ has been chosen as the Property Manager of the Year Poland 2013, awarded by Eurobuild CEE.
ABOUT CBRE Global Investors:
CBRE Global Investors is a global real estate investment management firm with EUR 65.5 billion in assets under management* as of 31 March 2014. The company sponsors investment programs across the risk/return spectrum for investors worldwide. The CBRE Global Investors EMEA platform, with EUR 25.6 billion of assets under management (per 31 March 2014) is one of the largest and most diversified real estate investment management business. The platform has 14 offices in 14 countries, managing investments in 16 countries across Europe. In the region, programs include Core/Core+ and Value-Added strategies through separate accounts and commingled equity funds in the UK, Western and Southern Europe, Central Eastern Europe and the Nordics.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment company for the benefit of its investors. CBRE Group, Inc. has approximately 44,000 employees in approximately 350 offices (excluding affiliates) worldwide.
For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com
* Assets under management (AUM) refers to fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of properties and real estate-related loans; securities portfolios; and investments in operating companies, joint ventures and in private real estate funds under its fund of funds program. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.
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