Zabel Property is now JLL Residential Development

BERLIN - Jan. 17, 2018 - PRLog -- Following the acquisition of Zabel Property by the global real estate consultancy JLL at the start of 2017, the companies have announced that the integration process is now complete and Zabel Property has been rebranded as JLL Residential Development.

The new Residential Development division now offers property developers a comprehensive range of services for the design, marketing and sale of their residential developments from six JLL offices across Germany. Over the past 25 years, Zabel Property has developed an intimate understanding of the German real estate market and amassed extensive expertise in the sale and marketing of residential properties to a sophisticated, international clientele. Having completed the integration of Zabel Property, including 45 global sales and marketing partners and the company's specialized consulting team, which is fluent in 15 languages, JLL's global network has both significantly expanded its position in the residential real estate sector and closed a gap in its range of services.

International residential property investors are already extremely active in Berlin and Frankfurt, and demand for properties in other German metropolises is also developing strongly. JLL Residential Development currently manages the sales and marketing campaigns for 31 developments with a combined total of more than 2,000 residential units. Many of these are located in Frankfurt, including Germany's tallest residential building, the Grand Tower. JLL Residential Development has already concluded sales for well over 90 percent of the tower's apartments. Sales have also been strong for star architect Daniel Libeskind's Frankfurt city villas, and for the coming Eden residential tower. JLL Residential Development is also marketing a host of developments in Berlin, including Fritz Tower, a micro-apartment building, the Luisenpark residential quarter, and the flagship development The Wilhelm at the Brandenburg Gate.

"I am delighted by the way we mastered the full integration of our two companies in just one year", said Thomas Zabel, Head of Residential Development Germany. "Thanks to JLL's global positioning and market penetration, we can now build on our achievements in Berlin and Frankfurt and extend our condominium sales and marketing activities throughout the whole of Germany", added Zabel.

About JLL Residential Development

JLL Residential Development is Germany's leading specialist for sales of condominiums from developers to international clients.

From six of JLL's German offices, the Residential Development Division offers property developers a comprehensive range of services for the design and marketing of their property developments. New residential units are marketed by the German team, which is fluent in 15 languages, together with 45 sales partners abroad and JLL's global network of offices.