PATRIZIA expands Corporate Development (DE)

As part of its expected growth, PATRIZIA is now expanding its Corporate Development segment. The company gained an internationally experienced manager in Wolfgang Speckhahn, who has been Head of Strategy and Business Development for PATRIZIA Immobilien AG since June 1, 2012.

Wolfgang Speckhahn has long-standing experience and relevant expertise in the area of fund development, structuring global investment vehicles and in portfolio management. Most recently, the 48-year old lawyer and tax law specialist was Real Estate Investment Director at Zurich Insurance Company Ltd. in Zürich.

Previously, he performed leading roles at German real estate companies in the area of transaction management, as well as being employed as an in-house lawyer. As well as his legal training, Wolfgang Speckhahn also has a degree in real estate and is a Master of International & European Business Law (LL.M.) and a Chartered Surveyor (MRICS).

PATRIZIA Immobilien AG is developing into the leading fully integrated real estate investment house. Since the company's establishment nearly 30 years ago, its real estate assets have steadily risen to reach €7 billion today. Assets under management are expected to grow to €10 billion by 2015.

"PATRIZIA has developed very strongly over the last few years. We have expanded our range of services considerably and today we are internationally positioned with our investments and our locations in Luxembourg, Stockholm, Paris and London," says Wolfgang Egger, CEO of PATRIZIA Immobilien AG.

"In Wolfgang Speckhahn, we now have a proven expert in our ranks who, along with his team, will press further ahead with the expansion of our international business and product development."

Source: Patrizia

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