IC Immobilien and HIH Property Management conclude strategic partnership
Immobilien Zeitung and Property Magazine announced the strategic partnership of IC Immobilien and HIH Property Management GmbH. IC Immobilien will take over 51 percent of the company. The aim is to bundle key competencies in property management and to strengthen the range of services offered.
For the time being, the joint venture will continue to operate on the market under the brand name HIH Property Management (HPM). André Vollbach, Managing Director of HPM, will remain in his position. After the closing, Markus Reinert will also become Managing Director of the joint venture, in addition to his current responsibilities.