PHICAP GROUP and MVGM establishes a partnership in which PHICAP GROUP takes over in a first step MVGM’s main mandates in Belgium as well as the operational staff linked to these mandates. This is an actual transferred portfolio made up of 26 properties mainly offices with over 200.000 sqm and held by 11 internationally recognized clients. MVGM BELGIUM will continue to operate the remaining portfolio not transferred, totalling about 70.000sqm.
MVGM is one of Europe’s leading property managers and property specialists with around 1,600 employees in 41 branches from 9 different countries. For the Belgium market, MVGM was looking for a reliable and experienced partner for a takeover.
MVGM has taken the decision of handing over its Belgian activities to PHICAP GROUP, as they believe it is for the best of its clients and for its employees. MVGM and PHICAP will build a non-exclusive partnership with the representative covering Belgium in pan-European mandates. MVGM already operates with other partners like this in the few countries where MVGM has no presence in Europe.
Michael Goldberg – Founder and CEO of PHICAP GROUP: “I am very happy to be able to confirm this acquisition and partnership. PHICAP GROUP’s trust, reputation and experience have made the difference. I am convinced that this will further improve our attractiveness and enable our group to develop further in the future.”
The transfer of activities will be smooth and without major changes for the staff, as the 8 people are now an integral part of PHICAP GROUP.
Maarten de Haas – Managing Director of MVGM Europe, is delighted: “We needed a serious partner who could carry out all the missions and mandates entrusted by our customers. A Belgian partner, renowned and recognized internationally and one that we have full confidence in to add to our partner network in Europe. With PHICAP GROUP and Michael Goldberg, we realized that we shared the same values. From then on, we very quickly came to an agreement.”
About PHICAP
PHICAP GROUP is an independent company offering a comprehensive and integrated range of real estate management services:
Property – PHICAP proactively manages the technical, financial and administrative aspects of the property, from individual properties to larger portfolios for the following asset classes: offices, residential and student accommodation, shopping centres and industrial sites.
Project – AMIRATO, the Project department of the PHICAP Group, provides a wide range of services covering the entire real estate development process, from design through to completion: consultancy, planning, project management, site management support and quantity surveying.
Capital – EUROCAPITAL, the Capital department of the PHICAP Group, manages tailor-made investments for its clients through sourcing, and organisation of the entire purchase process, including debt financing and capital structuring.
Clients of PHICAP GROUP include corporates, public bodies as well as family offices. PHICAP GROUP manages €2.5 billion of properties and projects, and currently boasts over 45 employees working in synergy with recognised experience.
About MVGM
MVGM Group is an independent international property management service company and offers the entire spectrum of property management services and all other related real estate services. This ranges from project management and facility management to ESG & Sustainability and data & reporting management, asset management and leasing. MVGM Group bundles knowledge and skills and offers their clients fully integrated services via specialised teams driven by international experience and in-depth knowledge of local markets.
MVGM Group has experience in all asset classes across Europe. With our widespread of business locations, to ensure that MVGM Group’ main assets – the people – are always available close to your properties. They share their best in class knowledge and best practices with clients all over the world to work as efficient and innovative as possible to lead the market. MVGM sets itself apart by offering high quality service in combination with integrated property management concepts and highly innovative reporting and technology. MVGM is the only independent European property management specialist.
