Hannover Leasing has expanded its management board to three from two members, promoting Sebastian Hartrott, previously Head of Legal, to Managing Director on 1 December 2017.
Pullach, 15 January 2018 – Hannover Leasing, part of the CORESTATE Capital Group, has expanded its management board to three from two members, promoting Sebastian Hartrott, previously Head of Legal, to Managing Director on 1 December 2017.
Hartrott, who complements the current board consisting of Marcus Menne and Michael Ruhl, will be responsible for legal, compliance, IT, information security, structuring, prospecting and business organisation, among other things.
Hartrott joined the Hannover Leasing Group in 2015 and was mainly responsible for matters concerning investment and corporate law in his role as Head of Legal. He previously worked eight years for several audit companies, including PricewaterhouseCoopers in Munich. As an external advisor, he took care of the legal aspects of Hannover Leasing’s Repositioning as a financial investment management company under the new AIFM directive. The 41-year-old fully qualified lawyer studied law at the University of Cologne. Since 2016, he is also an assistant lecturer for finance and capital markets law at the Fresenius University of Applied Sciences in Munich.
Michael Ruhl comments: “Hannover Leasing is strengthening its management board mainly in order to prepare for increasingly complex regulatory requirements. With the promotion of Sebastian Hartrott, we are adding a specialist who knows how to manage complex legal tasks at the head of our company.”
Hannover Leasing ranks among the leading providers of tangible assets in Germany. The company’s biggest shareholder is the CORESTATE Capital Group which holds 94.9 percent. Another 5.1 percent of the shares are held by Landesbank Hessen Thüringen (HELABA). Headquartered in Pullach near Munich, the Group designs structured financing as well as closed-end funds and other investment vehicles for private and institutional investors. Its investment focus lies on real estate inside and outside Germany and aviation. So far, more than 69,700 private and institutional investors have committed to the funds of Hannover Leasing, investing a total of 10.1 billion Euros in equity in the process. Hannover Leasing’s total assets under management adds up to approximately 12.6 billion Euros.
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About CORESTATE Capital
CORESTATE is an investment manager and co-investor with around € 28 billion in assets under management. The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability – trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At CORESTATE, all concepts are supported with ESG expertise that is unique to the industry. With some 800 experts, CORESTATE offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. CORESTATE is listed on the Frankfurt Stock Exchange (SDAX) and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 13 countries across Europe, with offices in Frankfurt, Vienna, Zurich, Paris, Madrid and London.
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