The Supervisory Board of CORESTATE Capital Holding S.A. (“CORESTATE”) today appointed Lars Schnidrig Chairman of the Management Board and Chief Executive Officer (CEO) of the Company for a four-year term effective April 1, 2019. The 46-year-old former Chief Financial Officer holds the position of CEO and Chairman of the Management Board on an interim basis since 31 December 2018.
Furthermore, the Supervisory Board is extending the appointment of Thomas Landschreiber as Chief Investment Officer for another three years. With this step, the management structure of the Group is being sustainably aligned. From now on, Lars Schnidrig will be responsible for the strategic direction of the CORESTATE Group and, among other topics, for the central areas of M&A, Finance, Investor Relations, Legal Affairs and Human Resources. Thomas Landschreiber will continue to be in charge of the Group’s operating business, focusing on equity raising and investment management.
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.
Forward-looking statements
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