TIAA Henderson appoints head of German retail

TIAA Henderson Real Estate (TH Real Estate) has hired Stephan Austrup to head its retail property division in Germany.

Austrup's primary responsibility will be running the asset management for TH Real Estate’s three largest German shopping centres - in Berlin, Munich and Erlangen - in addition to sourcing new stock throughout Germany.

He will also take management responsibility for the existing German TIAA Henderson Real Estate retail team who manage the remaining German retail assets. He will report to Tim Horrocks, Head of Germany and Director of Europe.

Austrup joins from Sonae Sierra, where his responsibilities included the acquisition and development of new projects for Sierra Germany. Previous roles include positions at mfi Management für Immobilien and Ernst & Young. He is a member of RICS and of the advisory board for the Retail Property graduate degree programme at the International Real Estate Business School, part of the University of Regensburg in Germany.