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MVGM adds three more JLL PM businesses

Nathan North 05 November 2019

Nathan North

Deputy editor

+48 22 356 25 22

Nathan is responsible for the English section of the magazine. Nathan was born in Manchester in the UK and completed a master’s degree in philosophy at the University of London. As well being responsible for editing the English section of ‘Eurobuild CEE’ magazine, he also contributes news from around Central Europe and articles on the investment and industrial markets and on architecture. In his free time he likes playing piano, drawing and cooking.

MVGM adds three more JLL PM businesses
The Dutch company will add around 12 mln sqm to its PM portfolio through the takeover

CE REGION Netherlands-based MVGM has closed the acquisition of JLL’s European property management business and alliance partnerships in Germany, Slovakia and Romania as part of its deal to acquire the consultancy’s platform in ten European countries that was announced in the summer.

The closing for the three countries follows the completion of the agreement for Belgium, Luxembourg and the Czech Republic last month. The final closings, in Spain, Portugal and Poland, are expected to take place by the end of this year.

The full deal adds 12 mln sqm to MVGM’s current portfolio in the Netherlands and Germany of 6.4 mln sqm and brings its number of employees up to 540 people.

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