Drivers Jonas has won a mandate to manage a pan-European office portfolio.
The portfolio, put together by a Luxembourg fund comprises 29 multilet office properties in France, Germany and the Netherlands with total rental income of about €11m a year generated from over 150 tenants.
Chris Armon-Jones, who heads the European business of Drivers Jonas said: 'This is an important step forward in the development of our asset and property management business in Europe.
'W are now managing more than 7m sq ft of office and industrial space in mainland Europe, collecting over €40m of rent from almost 500 tenants.
'We have built a solid management platform which seems particularly attractive to international investors as we are able to combine landlord and tenant skills with technical services and sound accounting practices.'
