Austrian listed property group CA Immo has announced the appointment of Markus Kuttner and Michael Morgan as head of real estate business operations Austria/CEE and Germany respectively.
Kuttner (pictured) will be responsible for asset and investment management as well as development and engineering in Austria and the CEE core markets.
Meanwhile Michael Morgan will oversee the asset and investment management and sevelopment areas in the German core market.
'Our operational business activity is developing very fast, which is enabling us to grow significantly as a company,' commented Andreas Quint, CEO of CA Immo. 'To optimise the performance of our platform in the long term while taking full advantage of specific growth opportunities in all our core regions, we are pooling our operational real estate areas under two regional heads of real estate business operations.'
Markus Kuttner, formerly head of asset management at CA Immo, began his career with Bank Austria Creditanstalt Real Invest, where he was responsible for asset management in Germany and the CEE and SEE regions. In 2007 he switched to Raiffeisen Capital Management, before being appointed head of asset management Eastern Europe for CA Immo in 2009.
Michael Morgan, formerly co-head of investment management, has held various senior positions in the fields of investment and asset management with Dragon Real Estate, Hines Immobilien, Shaftesbury Asset Management Germany, Union Investment Real Estate and Cushman & Wakefield.
