Cologne-based listed property firm Verianos has appointed ex-JLL Germany CEO Frank Pörschke to its board of directors.
Frank Pörschke has been a senior advisor to the business since January 2020. Since leaving Jones Lang LaSalle as CEO Germany and president EMEA markets, he has served on various supervisory boards and committees. Prior to that he was spokesman of the board of Eurohypo and Commerz Real.
Diego Fernández Reumann, chairman of the board of Verianos, said: 'Frank has already been with us as Senior Advisor in the past months and will use his extensive network and his many years of experience in the real estate industry to help us strengthen our market position in the small and mid cap segment.
'Especially in the current market environment, which is opening up attractive value-add investment opportunities after an extended period of consistently very high price levels, Frank’s excellent contacts and expertise will be enormously valuable for us, especially on the transaction side.'
Pörschke commented: 'I am very much looking forward to actively accompanying Verianos' growth course. Our goal is to achieve a significantly stronger dynamic on the buy and sell side. The current conditions offer us great opportunities to do so and have already led to a significantly stronger project pipeline.'
