Furthermore, the international real estate advisor has hired Christian Krieg to take over the leadership of the Frankfurt Office Agency team as a director, a role Benjamin Remy held for the last five years.

In his new role, Benjamin Remy will lead Savills tenant representation teams across its seven German offices and support international and national clients with nationwide enquiries. Benjamin has over 20 years’ industry experience, advising both landlords and tenants, having worked for BNP Paribas Real Estate and DTZ Zadelhoff before joining Savills.

Christian Krieg joins Savills from CBRE where he most recently worked as a director in the leasing team. He has worked both client and advisor side, with senior roles at Oceans & Company, STRABAG Property and Facilities Management and JLL.

Benjamin Remy says: “I am delighted to take on this exciting new role as Head of Tenant Representation Germany and have no doubt that the close relationships I have forged with our teams across Germany and Europe will help us provide an even better service to our clients.”

Panajotis Aspiotis, Managing Director, Savills Germany, says: “Benjamin Remy has done a fantastic job leading our Frankfurt office agency team and I have no doubt that Christian Krieg will be able to continue the momentum as Benjamin takes on a more national role. As a result, we can provide our clients with the high-quality global, national and local knowledge they are accustomed to.”

According to Savills latest research, office vacancy across Germany’s top cities in Q1 2020 remains stable at 3.1% while rents increased slightly, year-on-year, showing the continued attractiveness of the market as a safe haven.