The experienced real estate expert Martin Eberhardt takes over the newly-designed position of Chief Investment Officer (CIO) DACH at Corestate.
Frankfurt, January 19, 2022. The experienced real estate expert Martin Eberhardt takes over the newly-designed position of Chief Investment Officer (CIO) DACH at Corestate. Based in Frankfurt, Eberhardt will manage the Funds, Asset and Investment Management and Development business sectors. The longtime CEO of the Corestate subsidiary STAM Europe, Edward Bates, will complete the management team of the Real Estate Equity Division as the new CIO International with responsibility for the European business.
Eberhardt (57) has years of leadership experience in advising institutional real estate investors at, among others, Union Investment, Bouwfonds and Swiss Life. He was also Chairman of the Management Board at RICS Deutschland and a member of the executive committee of the German Property Federation (ZIA).
Edward Bates also has extensive experience in the international real estate sector, having previously held positions as Senior Principal and Co-Head of Real Estate at Doughty Hanson & Co. and Investment Director at Orion Capital Managers.
René Parmantier, Corestate’s CEO says: “We want to strengthen our institutional real estate business and work even more innovatively on the product side for the benefit of our clients. Martin Eberhardt knows the demands of institutional investors like no one else. As CIO for the DACH region, together with Edward Bates as the new CIO International, he will open up new and exclusive opportunities and market access to our clients.”
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 830 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 and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 11 countries across Europe, with offices in Frankfurt, Vienna, Zurich, Paris, Madrid and London.
Forward-looking statements
This press release may contain forward-looking statements. Forward-looking statements are all statements that are not historical facts and events. This applies wherever there is information about future financial profitability, plans and expectations with regard to the company, growth and profitability as well as economic conditions to which the company is exposed. Statements using the words “should”, “may”, “will”, “believes”, “expects”, “assumes”, “assumes”, “estimates”, “plans”, “believes”, “to the knowledge”, “estimates” or similar expressions indicate such forward-looking statements. Forward-looking statements are based on current estimates and assumptions made by management to the best of their knowledge. Such forward-looking statements are based on assumptions and factors and are subject to uncertainties, the non-occurrence or occurrence of which may cause the actual circumstances, including the Company’s net assets, financial position and results of operations, to differ materially from or be more negative than those expressly or implicitly assumed or described in these statements. Certain forward-looking statements, while appropriate at this time, may prove to be incorrect. Various known and unknown risks, uncertainties and other factors could cause the forward-looking statements, actual results, financial position, development or performance of the Company to be materially different from those expressed or implied by such statements. Therefore, the Company and its management cannot be held responsible for the actual occurrence of the forecasted developments. It should be noted that the Company assumes no obligation to update such forward-looking statements or to conform them to future events or developments.
