Germany's Values Real Estate has appointed Dr. Marc Langenach as managing director business development and sales.
In this newly created role, Langenbach will strengthen and further expand the existing business, set up new institutional products and place and manage them on the market.
Langenbach has over 17 years of experience in the real estate investment business along the entire fund value chain.
He arrives from AEW, where he has been head of funds & separate accounts for the past ten years, building up the German fund platform and becoming managing director.
During this time, he launched 14 institutional real estate funds and established further advisory mandates with over €7 bn assets under management.
During this time, Langenbach raised more than €5.6 bn in equity commitments from institutional investors and oversaw around 175 real estate transactions in 13 European countries in the office, retail, logistics, residential, hotel and healthcare asset classes.
'With Dr. Marc Langenbach, we have gained a very experienced and renowned fund and investment manager for Values, who will take our institutional business forward. With him, we are moving even closer to the community of German institutional investors,' said Dr. Carsten Fischer, company founder and managing partner at Values Real Estate.
'Values has qualitative excellence due to specialised teams in the three business areas of prime, logistics and health & social infrastructure. The agility and the entrepreneurial company philosophy convinced me as well,' said Langenbach.
Values Real Estate has initiated a total of twelve institutional funds with a focus on CBD, prime locations, logistics, health and social infrastructure. Two more are in the process of being registered with BaFin. Last year, the firm invested around €1.3 bn.
