Dr. Sven Olaf Eggers to become new Director of PATRIZIA WohnInvest (DE)

As of January 1, 2013, Dr. Sven Olaf Eggers will be the new director of PATRIZIA WohnInvest Kapitalanlagegesellschaft mbH (KAG). As the successor to Cornelius Hell, who will leave the company on December 31, 2012, he will assume management duties at PATRIZIA WohnInvest KAG alongside Peter Willisch from the coming fiscal year.

Dr. Sven Olaf Eggers (36) has already been working for PATRIZIA WohnInvest KAG as the head of Fund Accounting since July 1, 2011. Previously, he spent seven years working at Deka Immobilien GmbH, most recently as the head of International Financial and Equity Investment Management. After training as a banker, Dr. Eggers, born in Hamburg, studied Business Law at the University of Siegen, where he also earned his doctorate while working professionally.

"I am delighted that we can entrust Dr. Sven Olaf Eggers with this new role," says Wolfgang Egger, CEO of PATRIZIA Immobilien AG. "Filling management positions from our own ranks is always our declared objective and also a sign that we have well-qualified colleagues at PATRIZIA who are always willing and able to take on more advanced roles. I look forward to working further with Dr. Eggers and wish him a great deal of success in his new position."

At the end of the year, Cornelius Hell will step down from the PATRIZIA WohnInvest KAG management and will leave PATRIZIA after six years at the company. Wolfgang Egger says: "I would like to thank Cornelius Hell for his very good work, including his development work, at PATRIZIA WohnInvest KAG.

"Cornelius Hell has made a significant contribution to making PATRIZIA WohnInvest KAG, founded in 2007, a profitable company within a very short period of time, a company that today is responsible for seven special real estate funds with a total investment volume of approximately EUR 2 billion. I wish him all the best for both his professional and personal future."


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