Former DWS Managing Director Dr. Georg Allendorf will be proposed for election to the Supervisory Board at the upcoming Annual General Meeting (AGM) of the SDAX-listed company CORESTATE Capital Holding S.A. He will offer himself for Chairmanship of the company’s Supervisory Board. The current Chairman of the Supervisory Board, Micha Blattmann, is stepping down from the Board as his statutory term expires.

  • DWS Real Estate’s former Managing Director to be proposed as new Chairman of the Supervisory Board
  • Current Chairman Micha Blattmann steps down as his term comes to an end
  • Supervisory Board of CORESTATE to be expanded to at least five members

Frankfurt, 24 February, 2020. Former DWS Managing Director Dr. Georg Allendorf will be proposed for election to the Supervisory Board at the upcoming Annual General Meeting (AGM) of the SDAX-listed company CORESTATE Capital Holding S.A. He will offer himself for Chairmanship of the company’s Supervisory Board. The current Chairman of the Supervisory Board, Micha Blattmann, is stepping down from the Board as his statutory term expires.

In addition, the currently four-member Supervisory Board of CORESTATE is to be expanded to include at least one further member. The other candidates, in addition to Georg Allendorf, will be presented to the shareholders at the end of March when the AGM is convened. The AGM of CORESTATE will take place on 29 April, 2020.

Georg Allendorf’s candidacy was preceded by a structured search process initiated by the Supervisory Board. “We are very pleased that we have been able to attract such a high-profile candidate for the Supervisory Board in Dr. Georg Allendorf,” said Supervisory Board Chairman Micha Blattmann. “Dr. Allendorf is one of the most distinguished German experts on the European real estate markets.”

Georg Allendorf has around 30 years of experience in the real estate and asset management industry. Among other roles, he was with Deutsche Asset Management – now DWS Group – for 16 years in various positions, most recently as Managing Director of DWS Real Estate GmbH and Head of Real Estate Europe. Before joining Deutsche Asset Management, he was responsible for the management
of the real estate portfolio of R+V Versicherung for four years.

Georg Allendorf is a member of several Supervisory Boards, including DWS Grundbesitz GmbH and DWS Alternatives GmbH. He is also an honorary member of the Board of INREV, a European nonprofit organization dedicated to transparency in the real estate sector among other topics, and a Fellow of the Royal Institution of Chartered Surveyors (RICS). He was also a member of the Board of
the Bundesverband Investment and Asset Management (BVI) for eight years. Georg Allendorf has been working as an independent management consultant since 2019.

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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