German listed property company Patrizia Immobilien has appointed Wolfgang Speckhahn as head of strategy and business development. The move to expand the corporate development segment underscores Patrizia's forecast that its assets under management will grow from EUR 7 bn now to EUR 10 bn by 2015.
German listed property company Patrizia Immobilien has appointed Wolfgang Speckhahn as head of strategy and business development. The move to expand the corporate development segment underscores Patrizia's forecast that its assets under management will grow from EUR 7 bn now to EUR 10 bn by 2015.
Speckhahn is a lawyer and tax law specialist. Prior to joining Patrizia he was real estate investment director at Zurich Insurance Company in Zürich.
With more than 500 employees in 10 countries, Patrizia has been an active real estate investor and service provider for nearly 30 years, and is both a balance sheet investor and fund manager. About 80% of the EUR 7 bn AUM is managed on behalf of third parties, such as insurance companies, pension fund institutions, sovereign wealth funds and savings banks.
