Roger Welz to join DEGIs board (DE)

DEGI, a company of the Aberdeen Property Investors Group, announces that it is upsizing its management team as part of its growth strategy.

Effective 1 May 2008, Roger Welz (49) will be joining DEGI's board. He has been working at property fund companies for 23 years and will now assume responsibility for the board remits of product development, plus taxes and real estate asset management.

After obtaining his MBA and some specialist hands-on experience in the field of taxes, he started his career in the property fund sector in the Deutsche Bank Group. In 1992, he moved onto the property company Commerz Grundbesitz, where he worked for several years as department head in charge of controlling, treasury, property appraisals and taxes. He was then promoted to managing director and as such made a crucial contribution to successful establishment of the group's Special Property Fund Division. Most recently, he was as managing director responsible for real estate product development and client relationship management at the capital investment company MEAG Munich Ergo Kapitalanlagegesellschaft.

"We've recruited a highly experienced and above all acknowledged specialist in the shape of Roger Welz. This reinforcement of our management team is instrumental in purposefully implementing our growth strategy", says B

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