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Orangefield Group expands presence in German real estate market with new acquisition


February 3, 2014 - London

Amsterdam, February 3, 2014

Orangefield Group has acquired Estate-Visio, a property and center management company active in the German and Swiss real estate market. It is the company's second large acquisition in the German market in the past year. Orangefield Estate-Visio offers real estate management services with a primary focus on commercial and technical property management and center management.

Orangefield Group is a global full service provider of administrative, fund, corporate, and management services. Joep Bruins, CEO of Orangefield Group, explains that his company is much aware of the continuously changing nature of the industry, and the fact that the right technology is key. Because of this, investing in flexibility and technology constitutes a crucial part of the continuous innovation in Orangefield's services, which are aimed to reduce risk, save costs and improve productivity, providing a solid foundation for their client's activities.

Orangefield Estate-Visio trust their relationship to be a fruitful one, as they share core values like client-oriented service and long-term customer relationships. "We are alike in our dedication to providing true quality for our clients," says Thilo Schauff, managing director of Orangefield Estate-Visio. "I expect a smooth transition into a collaboration that will bring our management services to a new level." Schauff will stay with the company in his position as managing director and has affirmed his commitment to the company and its future.

Extending their hold in the German market is a conscious choice for Orangefield to invest in long-term value. "The German economy is one of the few in Europe that is still growing," says CEO Bruins. "It gives our recent expansion into real estate management the opportunity and space it requires to grow toward its potential."

The Orangefield Real Estate Services division consists of more than 150 specialists in 18 countries.Orangefield's experts communicate with clients in their language and on a personal level. For the convenience of their German business partners, the Orangefield Group websiteis now also available in the German language.

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GUIDO WAGENAAR
Global Head Business Development
Teleportboulevard 140
1043 EJ Amsterdam, The Netherlands
t   +31 20 5405889
 
Guido.Wagenaar@orangefield.com    www.orangefield.com
Press release



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Orangefield Group via Globenewswire

HUG#1758706

GlobeNewswire

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