BERLIN—Valad Europe, a leading diversified real estate investment manager, has been appointed by the Bridge property companies, to asset manage the Bridge Portfolio of six office properties located across Germany.

Valad Europe will implement a focused strategy to maximize sustainable value in the portfolio and dispose of assets at the optimum time. This will include detailed asset-by-asset business plans aimed at protecting and increasing rental income, reducing running costs, targeted asset management initiatives in order to build sustainable value and managing an orderly disposal program.

“We have been appointed with a clear remit to increase the weighted average lease term, reposition existing tenants and introduce new tenants, as well as maximise value through the disposal of either individual or portfolios of assets,” said Andreas Hardt, Valad Europe's Head of Germany.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.