Home » News & blogs » Pan-European real estate manager MVGM Group leading the way on residential property management
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Leudelange, Luxembourg, April 7, 2021 – With decades of experience in the Netherlands, MVGM became a top tier pan-European Property Manager mid-2019 following the acquisition of JLL’s Property Management activities. While welcoming over 500 new employees in 10 countries and setting up over 20 new international offices, MVGM never forgot to focus on their initial ambition: being the European leader in property management.
Managing Director for Europe Maarten de Haas joined MVGM on 1 January 2020. Strengthening the MVGM Board, Maarten continued the journey by extending the international presence with partnerships in France, Italy and the UK. Furthermore, he also initiated and rolled out MVGM’s residential property management service throughout Europe. “Local presence and local knowledge combined with international expertise is of utmost importance to our clients and we are proud of the swift scale-up that MVGM went through in the past year.”
The real estate management portfolio that MVGM was privileged to inherit from JLL existed primarily of commercial assets. With decades of experience in Residential Property Management in Germany and the Netherlands, it was a logical choice for MVGM to join international forces in project teams with local – and international experts and residential experts. With a solid infrastructure, an excellent technology platform and dedicated teams, MVGM managed to broaden and roll-out the residential property management service offering into all 10 countries where MVGM is active. And very successfully: MVGM has won various mandates in different countries since the last quarter of 2020.
Beside the ongoing growth of business in the Netherlands and Germany, MVGM has recently won several mandates in Spain, Portugal and Romania. MVGM is managing mostly apartments and single family homes in those countries. Investors are looking to broaden their investment scope by adding residential to their portfolios.
MVGM European Residential Operations Manager Bas van Winden, “It is a pleasure to work with our strongly motivated teams across Europe in the residential business. Together we have established residential property management in the local markets and implemented the European data protection regulation and local housing legislations in our services. This big success of winning several mandates show that investors are aware that residential property management is not an easy task. MVGM is not only servicing investors with getting a higher return on their investment, but we also ensure that tenants feel safe and at home in our buildings.”
The Spanish MVGM team works for the residential portfolio of several investors. The entire property management process will be outsourced to MVGM from house rental up to being the first point of contact for the tenants. The Spanish MVGM Managing Director Elisa Navarro, “As we take care of the operational activities of the residential investments, our client can focus on their core business while we contribute to their optimal return on investment. With our local presence and knowledge, combined with our best in class international residential experiences, we are well aware of the tenants needs and expectations. Whether we manage student housing, senior housing or social housing, we contribute to the living environment of the tenants as good as we can. And our experts are ready to service more investors and residential tenants.”
De Haas “we see a significant increase of investors that acquire residential units; we now have a great opportunity to partner with our clients and tenants in the rising residential market in Europe. We are the first top tier European property manager to extend our services also in the residential space and we are very proud to receive the trust of our (new) clients to manage their residential properties.”