Scannell Properties strengthens its German Team with Marko Klemt as Legal Counsel, Germany

Scannell Properties strengthens its German Team with Marko Klemt as Legal Counsel, Germany

Scannell Properties has recruited lawyer Marko Klemt to strengthen its German team from 1 November 2020. This follows the recent hire of Architect and Project Manager Sophie von der Wiede as Project Manager,Germany to start on 1 December.

Legal expert Marko Klemt started his career in 2005 at the law firm Freshfields Bruckhaus Deringer, in Frankfurt am Main. In 2010, he joined the insurance group Generali Deutschland in Cologne. In 2011, Marko joined Prologis and took over as Vice President, Legal Counsel Northern Europe, in Düsseldorf. From 2019 until the end of October 2020, he worked as legal counsel to the German Pension Fund for Auditors, also in Düsseldorf.

Marko, who will be based in Düsseldorf, will be Scannell Properties’ primary contact on strategic legal questions for the development and investment team, including coordinating and documenting legal strategies and contracts for the acquisition, letting, development, financing, and disposal of commercial properties. His duties will also cover due diligence, including reviewingthe work of local legal advisors, to supervise the framing and negotiation of contracts.

His wide-ranging expertise and extensive experience in German property law will benefit Scannell Properties and ensure the company can offer its clients in the German market an all-round service and innovative solutions for project development.

Marko will be reporting directly to the company’s legal team in its Head Office in the USA. Former general counsel, James Carlino, said the following about the hire: “We are pleased to have been able to recruit Marko Klemt, a highly qualified and resourceful expert in German law, for this role. This positions us well for further expansion in Germany and the rest of Europe, especially in forming relationships of trust and respect with our clients and stakeholders, which is vital for us.”

Marko is looking forward greatly to his new duties: “I appreciate the high standards of integrity and ethics shown by Scannell Properties in its activities and in its business management. I am very excited about the challenges posed by the group’s major strategic growth plans.”