From 1 November 2020, Savills has hired Patrick Neumann as director and team leader for the North German logistics agency market, as well as Mirja Maske and Andrea de Bruyn.

Patrick Neumann was most recently head of industrial and logistics Hamburg at Colliers International Germany. He has previously worked for Jones Lang LaSalle and CBRE.

Panajotis Aspiotis, managing director at Savills Germany, says: "Despite the uncertain economic situation as a result of the pandemic, we saw a price increase in the top segment for logistics properties in the third quarter of 2020. In addition to the current low interest rate level, this is due in particular to the continuing e-commerce boom, which is accompanied by a significant increase in demand for logistics space. In view of Savills expansion and specialisation strategy, the establishment of an industrial agency at the Hamburg location is therefore a logical and consistent step.”

Matthias Huss, head of Savills Hamburg office, says: "We are very pleased that Patrick Neumann and his team will strengthen our Hamburg office. He has many years of experience in logistics and his regional and sector-specific knowledge makes him the perfect person for this position."

Patrick Neumann, director and team leader industrial agency Hamburg, Savills Germany, says: "What attracted me to Savills was the international group structure and the team feeling. These are perfect conditions for a long-term and challenging project like this.”