Activum SG, the European real estate fund investor and manager, has enlarged the team with a new partner. Richard Wartenberg reinforces the company focusing on acquisitions and asset management strategies since the beginning of the year.
Prior to this he was Managing Director at Polis and Bouwfonds Asset Management Germany. He was responsible for acquisition, letting and sale of commercial assets. Earlier in his career, he worked for the Behne Group, now called HIH Hamburgische Immobilien Handlung, and also for RSE Projektmanagement AG.
Saul Goldstein, founder of Activum SG explained "Richard is a great addition to our team that focuses on under-valued assets. He brings more than 20 years of experience in the German real estate market and has demonstrated an ability to acquire, manage, and extract value from real estate investments in his career which fits our firm philosophy."
Source: Citigate Dewe Rogerson