Siemens enters real estate management market

by Steve Randall03 Oct 2019

Global engineering and technology firm Siemens is leveraging its 20 years of experience of managing its own vast real estate portfolio as a service for the external market.

Siemens Real Estate will offer firms who do not have their own real estate management access to its knowledge and experience in three product groups of consulting, renting, and real estate and location development.

“The real estate market for industrial companies is facing one of the biggest structural changes in its history as a result of the major issue of Industry 4.0. In the coming years alone, about half of all industrially used areas will either be newly developed or economically restructured,” explains SRE CEO Zsolt Sluitner. “This also creates an immense need for professional support in this process. And this is exactly where our expertise comes in.”

The SRE portfolio currently comprises more than 11 million square metres of space at over 1,700 locations worldwide.

As well as the management of a real estate portfolio, the wider company’s operations include smart buildings technologies.

“Thanks to our many years of experience in corporate real estate management, we specialize in involving all stakeholders in companies and accompanying change processes,” says Sluitner. "We have the inside view of two worlds: the real estate market and companies.”

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