Dutch property group Kroon Real Estate has transferred its 50% stake in Kroon Group Germany in Frankfurt to co-shareholder Brigitte van der Jagt-Buitink, the current manager of the German unit.

Dutch property group Kroon Real Estate has transferred its 50% stake in Kroon Group Germany in Frankfurt to co-shareholder Brigitte van der Jagt-Buitink, the current manager of the German unit.

The Germany unit will now be known as CharterHaus Real Estate. The company specialises in the redevelopment of existing shoppings centres and warehouses in Germany. It is currently involved in three developments: Raisdorf in Kiel, Unterschleissheim in München and Rastatt in Karlsruhe. It is also preparing various redevelopment projects in Bavaria and Baden-Wuerttemberg

Van der Jagt Buitink was formerly Country Manager ING Real Estate and Director HSBC Specialist Investments.