Avignon Capital has teamed up with McCafferty Asset Management to launch Platinum Property Management.
The new company’s aim is to fill a perceived gap in the market for “a high-quality pan-European property management service.”
Platinum’s services will include service charge management, rent collection, lease administration, property maintenance as well as strategic advice on matters related to tenants and landlords.
It will operate from offices in London, Manchester, Berlin, Munich and Zurich. An additional office in the Netherlands will be opened in 2018.
Patrick Flaton, CFOO of Avignon Capital, said: “This was a strategic decision to partner with McCafferty as Platinum will benefit from McCafferty’s strong experience and resources and will be able to deliver the objective of maintaining and increasing the capital and rental values.”
Charles Whittle, chief executive of McCafferty Asset Management, added: “Platinum Property Management will build close relationships with clients and asset managers ensuring the property management is aligned with the asset management strategy, which we believe is the key to delivering growth.”