A former Deka Immobilien director has joined forces with two Spanish associates to launch a new property company targeting value-add transactions in Spain's property market.
A former Deka Immobilien director has joined forces with two Spanish associates to launch a new property company targeting value-add transactions in Spain's property market.
Christopher Hütwohl, formerly senior investment manager responsible for all investments in South-Western Europe at Deka Immobilien in Frankfurt, has founded Valid Development Strategies.
The new company has its first office in Frankfurt and a second one soon to open in Madrid.
Valid Development Strategies will focus on sourcing and executing commercial value-add projects in central locations of Madrid and Barcelona on behalf of opportunistic Investors from Germany and other Northern European markets.
Before joining Deka in 2008, Christopher Hütwohl worked for Commerz Real (formerly Commerz Grundbesitz) for six years as asset manager and investment manager for Commerz Real’s open ended funds and special funds.
