JP Morgan instructs Cushman & Wakefield to manage two office buildings
JP Morgan Asset Managemen has instructed Cushman & Wakefield in France with the management of two office buildings.
The buildings are 52 Hoche (pictured), an office building of 11,000 square metres in Paris 8th; and Avant Seine, an office building of 43,000 square metres in Paris 13th.
The assets were acquired by JP Morgan Asset Management last June.
Stéphane Bureau, managing director of the asset management department at Cushman & Wakefield France, says: “We approached this mandate in project mode with the teams of JP Morgan Asset Management by putting in place resources and tools for optimal management of their two new assets. This new partnership in France is in keeping with a commitment to accompany JP Morgan Asset Management in the management and valuation of its real estate assets."
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