HEICO Property Partners starts with a plus of 20%!
A successful start to the anniversary year: Another positive year in our company's history lies behind us. For the third time in a row, HEICO was able to record double-digit growth. Despite external influences such as difficult market conditions, interest rate increases on the capital market and internal challenges such as restructuring and new processes, we managed to achieve the goals we set.
“With sales growth of 20% and 145 employees in the commercial and technical areas, our teams at nine locations now look after around 500 properties nationwide, with 2.600 tenants and more than 2,7 million square meters of space. The value of the assets under management is 7 billion euros, these are figures that are impressive,” says Tim Stein, Managing Director of HEICO Property Partners. A great performance by the entire team.
Started in 1999 as HEICO engineers, over the last 25 years we have developed into the specialist for the management of commercial real estate in Germany. We made investments in digitalization and pushed forward the automation of processes early on in order to be well positioned for the future. Our focus in the coming years will continue to be on these two topics. With our “Centralization” project, we will bring together a lot of work, some of which is carried out multiple times by entire teams and therefore takes immense time, in order to work even more productively. Our property managers and technical property managers can concentrate on what is most important, providing our customers with qualified and quick support in all matters and being available to answer any questions.
“We are convinced that with this restructuring, which is important for our expansion, we have done everything we can to be able to offer our advantages such as flexibility, short decision-making processes and property management services at a high level to our customers and their tenants at all times, even with further growth.” said Björn Rieger, Managing Partner, HEICO Property Partners.
In the annual surveys of property management companies conducted by Bell Management Consultants, HEICO is now in first place in the competence performance ranking for the third time (in the office asset class and company size of €1 to 7 million in sales**). Continuing to keep our quality at a high level and making it efficient will be one of our core topics for 20. With our quality management tool, we will document our workflows even better in the future and make processes even more efficient and easier for all employees.
An interesting year is coming up – our anniversary year, we are looking forward to it!
*Base: Sales 2023 vs. previous year, **Bell Report 2023: 1st place in the performance ranking Competence in the office asset class and the company size of €10 to 20 million in sales.
Björn Rieger, Managing Partner, HEICO Property Partners GmbH
Tim Stein, Managing Director, HEICO Property Partners GmbH