Generali Real Estate hired HIH Property to manage its €1bn northern Germany portfolio. : Generali’s real estate asset management arm has hired HIH Property Management (HMP) to manage its €1bn northern Germany portfolio. Generali Real Estate said, from January next year, the €7bn German property manager will manage the Nord-Portfolio mandate which covers 32 properties. The properties, located in Berlin, Hamburg and Schwerin, include office and residential assets as well as two shopping centres. Christian Kypke, who heads HPM’s Berlin office, will assume overall responsibility for the mandate and coordinate the collaboration with Generali Real Estate.