January 17th, 2023: talyo. Property Services more than doubled the size of its portfolio in 2022: talyo has succeeded in expanding the number of residential units it manages to around 12,000 in 2022, from approximately 5,400 at the end of 2021. Some 7,800 of these are apartments (end of 2021: 3,800), with micro-units accounting for 4,200 (end of 2021: 1,600). The units are situated in 35 locations throughout Germany, including Berlin, Düsseldorf, Hamburg, Leipzig, Mainz, Munich and Wiesbaden.
Numerous additional instructions were received in 2022. In one example, talyo took over property management of the entire ‘Urban Base’ portfolio. The rooms, in shared apartments or ’micro living’ units, are aimed at students and people on internships, professionals and commuters, as well as retired people. These are situated in Berlin, Dresden, Düsseldorf, Hamburg and Wiesbaden.
Another highlight was the receipt of an instruction for a portfolio in Berlin, with more than 1,000 residential units.
As well as property management, with its eight-strong nationwide letting team Talyo provides services from branding to initial rental, re-letting and management of removals. The major successes in the past year included increasing the occupancy rate of the “MikroQuartier I” portfolio to over 90%, from only 73% when Talyo took it over.
Managing director Martin Henke comments: To keep pace with the increasing number of instructions received throughout Germany, we strengthened our staff from 60 to 73 during the year. What’s more, we have expanded our branches in Nuremberg and Leipzig in order to continue to offer optimal working conditions for our staff. I expect the existing momentum to continue in 2023, as new instructions are already in the pipeline.”
In addition, our range of digital services for tenants, landlords, managers and clients has been expanded over the past twelve months, by implementing individual apps. For example, these enable tenants to arrange viewing appointments or to submit damage reports. Landlords can, among other things, channel inquiries and integrate property management with external service providers. In addition to other applications, clients are given the ability to coordinate maintenance and repair works and to manage the associated budgets digitally.
talyo plans to expand its portfolio under management to around 25,000 residential units by 2025. As well as traditional rental apartments, this will include apartments in the ‘Student housing’ and ‘Serviced apartments’ segments.
Copyright: Bernd Brundert