Commerz Grundbesitz Group (CGG) will reinforce its management to include Hans-Joachim Kühl (39) who will join the Board of Managing Directors as of 1 July 2007.
Kühl's tasks will specifically include the acquisition and sale of properties worldwide for the real estate investment products managed by CGG. He will take over the business area of Leo Lousberg (57) who will be leaving the company as of 30 June 2007 in order to take on new career challenges.
Hans-Joachim Kühl has been with CGG since 1998. For the past three years, he was responsible for all real estate acquisition and sales activities in Europe. In this function, he was also responsible for hausInvest europa, the largest open-end property fund in Europe. Having graduated in business management, Kühl was active in the letting and marketing area of debis Immobilienmarketing before he transferred to CGG.
"We are happy to have found a competent successor to Leo Lousberg in Hans-Joachim Kühl. He has demonstrated impressive management abilities for many years, and will now be able to leverage his expertise in his job as Managing Director. At the same time, we regret the leave of Leo Lousberg and thank him expressly for his commitment to our company," says Dr. Frank Pörschke, Chairman of the Board of Managing Directors of Commerz Grundbesitz Group.