German bank BayernLB's real estate fund provider Real IS has appointed Axel Schulz as head of investment management for Germany.
Schulz, who has more than 10 years experience in the real estate investment sector, joins the company from Triuva where he held a similar role.
'With Axel Schulz, an experienced transaction and property expert is taking over as head of investment management in our core market of Germany. International acquisition will continue to be headed by Christoph Wendl,' commented Jochen Schenk, member of Real IS's management board. 'Real IS is therefore optimally positioned to screen investment opportunities in Germany as well as in Western Europe, Australia and North America.'
The company transacted an investment volume of more than €1 bn in 2016 and is targeting a similar volume in 2017.
