Avison Young opens new office in Berlin

TORONTO, July 6, 2016

Mark E. Rose, Chair and CEO of Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that the company has opened a new office in Berlin, Germany. The new Berlin office represents Avison Young’s fifth office in Germany, ninth office in Europe, and an additional step in the company’s ongoing aggressive global growth and expansion strategy. Over the past seven years, Avison Young has grown from 11 to, now, 78 offices in 71 markets and from 300 to more than 2,400 real estate professionals in Canada, the U.S., Mexico and Europe.

Effective immediately, Nicolai Baumann becomes Head of Leasing in Berlin. He will also head up Avison Young’s office agency operations in the German capital and focus on implementing the firm’s growth strategy in the region through recruitment and acquisition. Baumann brings 14 years of commercial real estate experience to Avison Young, most recently as a team leader with Engel & Völkers Commercial in Berlin.

Also joining Avison Young in Berlin are Sebastian Scherer, Katharina Biermann, Sanja Palija and Nadine Makinist. Scherer joins Avison Young as Director of Leasing in Berlin and will continue to focus on his specialty of landlord and tenant representation while working closely with Baumann. He was most recently an office leasing consultant at Angermann Real Estate Advisory AG.

Biermann and Palija join as senior consultants and will also provide advisory services to office landlords and tenants. They were most recently consultants at Engel & Völkers Commercial in Berlin. Makinist joins Avison Young as an administrative assistant. She previously worked as an office leasing assistant at Angermann Real Estate Advisory AG.

“We are delighted to announce our fifth German office opening within the past 18 months,” comments Rose. “This opening represents another milestone in our European expansion strategy and gives us a strong presence in the nation’s capital. We’re thrilled to have Nicolai, Sebastian and the rest of the team furthering our German expansion program in Berlin.”

Rose continues: “With Nicolai leading the way, the new Berlin office will complement our rapidly growing Frankfurt, Munich, Duesseldorf and Hamburg operations. The new office will also further strengthen our position in the heart of Europe, and enhance our ability to negotiate multi-market transactions on both sides of the Atlantic.”

The Berlin opening follows the launch of Avison Young’s German operations in Frankfurt on December 1, 2014, new Munich office on January 21, 2015, new Duesseldorf office on March 19, 2015, and new Hamburg office on June 16, 2015. The total head count of Avison Young´s German operation has increased to 50 over the past 18 months.

Baumann will work closely with Managing Directors Udo Stoeckl (Germany), Markus Bruckner (Munich), Stephan Heinen (Duesseldorf), Frank Loeblein (Frankfurt) and Thomas Loeffler (Hamburg).

“Before entering any market, and particularly a nation’s capital, a full-service company like ours must have proven leaders and local market experts in place,” notes Stoeckl. “We have recruited very accomplished professionals in Nicolai, Sebastian and the rest of the team. Their presence demonstrates that our German expansion strategy remains highly effective and continues to gain strength as we steadily explore new markets in Europe. Ultimately, this new office will create more growth opportunities for our clients in all of the markets that we serve.”

Stoeckl adds: “The new Berlin team has tremendous local, national and international office leasing experience and will provide our clients with best-in-class service in Berlin and beyond. Furthermore, the new office will increase our services for domestic investors within Germany and develop positive client and business relationships that will enable us to represent more German investors who are active in the North American marketplace as well as the U.K.”

Effective immediately, Avison Young’s new Berlin office is located at Kurfürstendamm 195 in Berlin’s central business district.

Avison Young launched its European presence in April 2014 when the firm acquired NAI Haywards and opened new offices in London and Thames Valley, U.K.

“I’m excited to start a new chapter in my career with Avison Young and play a leading role in the launch of our new Berlin office,” says Baumann. “Our experienced team is ready to serve new and existing clients on a local, national and international basis, and we look forward to collaborating with our new colleagues in Germany, the U.K. and across North America. I know I speak on behalf of Sebastian, Katharina, Sanja and Nadine when I say that we will bring a high level of spirit to our new company and the Berlin marketplace.”

Berlin is Germany’s capital and its largest city, with a population of approximately 3.5 million. The region’s industries include automaking, railway technology, other goods production and services; transport, mobility and logistics; health care; information and communications technology, media and creative; and energy and environmental technologies and phototonics. Several leading international companies, including Bombardier, Deutsche Bahn, Oracle, Viacom and Axel Springer, are located in Berlin. The city is also the country’s hotspot for the digital economy and is sometimes dubbed by the media as the German Silicon Valley.

The region is home to several leading universities, including Humboldt University of Berlin, Technical University of Berlin, HTW Berlin University of Applied Sciences, Berlin University of the Arts, Berlin School of Economics and Law, Beuth University of Applied Sciences and the European School of Management and Technology. In 2015, Berlin had a take-up of 820,000 square metres of office space and a volume of €8.2 billion in commercial real estate traded assets, according to statistics compiled by Avison Young.