Patrizia, a global investment manager for smart real asset solutions, has appointed Dr Christoph Fuchs as its new Chief Technology Officer (CTO), marking a significant step in strengthening its technology expertise as the sector embraces digitalisation.
The newly created Chief Technology Office will form a central part of Patrizia's Executive Division, focusing on developing a comprehensive digital platform that could potentially unlock €200m in operational efficiencies across the firm's €50bn portfolio. This strategic move comes as investors increasingly demand real-time performance data and AI-driven investment insights.
"Technology is a key driver of the DUEL megatrends shaping both our industry and broader society. It is also a critical enabler of the convergence between real estate and infrastructure – what we define as the rapidly emerging RE-Infra investment segment," commented Asoka Wöhrmann, CEO of Patrizia.
Dr Fuchs brings over 15 years of experience in technology leadership, joining from Ströer Group, where he served as Chief Technology Officer and Managing Director for digital and traditional out-of-home advertising. His appointment follows Patrizia's launch last year of an integrated investment platform for real estate and infrastructure, as well as an international client platform.
With ESG compliance requirements becoming increasingly data-intensive, Patrizia's enhanced digital capabilities will offer a competitive advantage in the €2.5tn European institutional real assets market, potentially accelerating AUM growth by enabling more sophisticated cross-asset allocation strategies across the real estate and infrastructure spectrum.
People mentioned:
- Dr Christoph Fuchs - Chief Technology Officer, Patrizia
- Asoka Wöhrmann - CEO, Patrizia
Companies mentioned:
- Patrizia - Global investment manager for smart real asset solutions
- Ströer Group - Leading media, digital media, and e-commerce company in Germany
