Following the strategic realignment at the beginning of the year with a uniform platform for Real Estate Debt and Real Estate Equity, Corestate is now accelerating the integration of the Group by filling two newly created key positions.
Frankfurt, 22 November 2021. Following the strategic realignment at the beginning of the year with a uniform platform for Real Estate Debt and Real Estate Equity, Corestate is now accelerating the integration of the Group by filling two newly created key positions.
As the new Group-wide COO (Chief Operations Officer), Izabela Danner will bundle core topics such as corporate excellence, organisational development, the growth strategy and ESG initiatives and drive them forward. Thanks to her many years of professional and management experience at both the board and executive level in the real estate and financial services industry, she will be able to significantly accelerate Corestate’s ongoing transformation and integration processes and make the organisational platform more effective, particularly by reducing complexity in structures and processes.
The second new appointment relates to Group-wide client services. As Managing Director in the also newly created position of ‘Chief Client Executive,’ Frank Bandemer will look after the further development of business activities with institutional clients on the debt and equity side as Relationship Manager. Mr. Bandemer most recently worked as Global Head of Liability Analysis for a large German insurance company.
René Parmantier, CEO Corestate: “We have effectively bundled our expertise with these two top personnel in newly created key positions. This will enable us to further advance the integration of our business units in the interest of our clients, which will not least make our product and service portfolio even more focused and thus more attractive.”
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.
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