Hochtief to manage 80 Varde Partners assets

Hochtief Facility Management (HTFM) will take over the management of a mixed-use portfolio of the international financial investor Varde Partners in the coming four years. The portfolio comprises 80 German real estate assets covering some 420,000 m[sup]2[/sup] of leasable space, Germany property newspaper Immobilien Zeitung reported.

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