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credit: 3PM Services
credit: 3PM Services

3PM Services takes over Property Management of 63,000 sq m LHI retail portfolio

3PM Services took over the retail and technical Property Management of LHI Group´s 63,855 sq m, nationwide retail portfolio in Munich.

The portfolio is set up of 14 supermarkets, Discounts and drug stores, with more than half being situated in and around Berlin. Other locations include, Dresden, Leipzig, Rostock, Essen and the area close to Fulda and Regensburg.

Property Management tasks taken over by 3PM Services include lease management, service charge settlements, insurance and receivables management, property management accounting, regulatory reporting, as well as technical supervision. 3PM Services was also made responsible for the leasing of some properties.

“We are very happy to receive this exciting follow-up assignment from the LHI Group. We were able to display our regional strengths at the portfolio in and around Berlin, as well as our perennial expertise in supervising retail properties all over Germany”, comments Antje Lubitz, Founder & Partner Excecutive Managing Director bei 3PM Services.