Edmond de Rothschild Real Estate Investment Management (REIM) has integrated its property management, accountancy and facilities management teams into MAPP. The strategic move sees MAPP take on a new role as managing agent for all of Edmond de Rothschild REIM’s current UK assets, which comprise 3.4 million sq ft of office and industrial development across the UK.
Commenting on this important announcement, Nigel Mapp, CEO said:
We’re delighted to have developed such a great working relationship with Edmond de Rothschild’s teams. Real estate is delivered by people for people. Our approach looked beyond the transaction and individual contractual commitments. We saw the opportunity to bring a great team, with shared values, into our business and to deliver a really great Property Management service to Edmond de Rothschild and some of its long-term and valued clients.
Mark Millar, head of UK at Edmond de Rothschild REIM, said:
We are very pleased to have been able to agree a transfer of our team and our clients to MAPP. MAPP is a best-in-class operator with a strong culture of putting people first.