Union Investment Real Estate is expanding its senior leadership team with the hire of Beos’ chief financial officer Christoph Holzmann as chief operating officer (COO), effective July 1.
Holzmann, 43, will be appointed to the management board of the Hamburg-based real estate investment manager as its fourth member, subject to approval by the Federal Financial Supervisory Authority (BaFin).
He will be in charge of developing the business processes of Union Investment’s real estate division, including in particular continuous improvement of the operational and organisational structure.
Holzmann joins the company from Beos, where as chief financial officer he was responsible for financing, controlling, taxes, risk management and compliance from 2016 onwards. A native of Hamburg, he has around 16 years of experience in the real estate and financial sectors which he acquired in various positions at Beos, Quantum Immobilien, Berenberg Bank and Deutsche Bank.
Holzmann will take over as COO from Jörn Stobbe, who has held the position since 2017 in addition to his role as Chairman of the Management Board. The senior management team also includes Martin J. Bruehl, who is responsible for investment management, and Volker Noack, who is in charge of asset management and real estate project management.
Separately, Union has announced the purchase of a 34,000 m2 logistics project in Almere, the Netherlands, from construction company Aan de Stegge Twello. The asset, to be completed by April 2021, will be added to the holdings of open-ended real estate fund Unilmmo: Europa. The purchase price was not disclosed.
