Andreas C. Steyer (39) will start as Managing Director of Deka Immobilien Investment per July 1, 2005. He will be responsible for all corporate matters. Steyer previously worked as partner at Ernst & Young Real Estate and has broad experience in the fields of real estate portfolio management, real estate controlling as well as valuation and balancing of real estate.
Per March 1, Walter Hellbach (50) was already appointed as interim Managing Director, responsible for the home market. Hellbach already worked at Deka since 1988, where he was last responsible for the Northern-German market. Since that appointment in 1994, Deka Immobilien was involved in 90 sales and acquisitions with a total value of â¬3.5 billion.
As already announced Reinhard Gennies will start as Chairman of the Board per June 1st. Furthermore Johannes Gaug and Rainer Mach will complete the management team.