The KGAL Group’s aviation asset class set a record in the 2017 financial year, achieving a new business volume of c. €1.3 billion.
Second close of KGAL ESPF 4 in Q2 2018
Sonae Sierra recorded a Net Profit of €110.0 million in 2017, compared to the €181.2 million recorded in 2016 impacted by a lower value created in Investment Properties.
New research from leading real estate investment manager TH Real Estate predicts investment volumes for European real estate will be in line with those of 2017, despite international market volatility experienced in February.
TH Real Estate has promoted Michael Neal to CIO of its Europe and Asia Pacific business.
As of 1 May 2018 Dr Michael Bütter will become successor to the incumbent Chief Executive Officer Sascha M. Wilhelm, who will leave the Company as of 30 April 2018 in best mutual consent. Sascha M. Wilhelm: “It is a good and appropriate time to hand over a successful Company into new hands. I know and appreciate Michael Bütter and will support him to the best of my ability.”
CORESTATE Capital Holding S.A. has appointed Stefan Scherrer as Chief Operating Officer of the CORESTATE Capital Group.