20.02.2018 12:20:21
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DGAP-Ad hoc: Fair Value REIT-AG
DGAP-Ad-hoc: Fair Value REIT-AG / Key word(s): Change of Personnel/Real Estate Ad-hoc disclosure (published on 20 February 2018) Fair Value REIT-AG
- Patrick Kaiser, member of the Management Board, to leave the company as of 30 April 2018
The Company's Supervisory Board has expressly thanked Mr. Kaiser for his work. Mr. Kaiser will remain a member of the Company's Management Board until he leaves the Company. Information and Explanation of the Issuer to this News: Mr. Patrick Kaiser took over the Finance department with DEMIRE Deutsche Mittelstand Real Estate AG (DEMIRE) as its commercial manager in 2015, and in this position he played a key role in designing the content of the acquisition of Faire Value REIT-AG, and he subsequently successfully implemented this acquisition. Mr. Kaiser then went on to join Fair Value REIT-AG's Management Board, and as CFO he structured the Company's integration into the corporate group and also the Company's growth. Now that the integration has been successfully completed with a sustained increase in earnings Patrick Kaiser is now leaving the Management Board in order to turn his hand to new tasks. Frank Hölzle, Chairman of Fair Value REIT-AG's Supervisory Board: 'We would like to thank Mr. Kaiser for his valuable work in integrating Fair Value REIT-AG into DEMIRE and for successfully driving our company's further growth. In his work he demonstrated his strategic vision, financial and real estate expertise and also his management qualities. We wish him the very best of success for his further professional tasks and also his private life.' The Management Board Contact:
20-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Fair Value REIT-AG |
Würmstraße 13a | |
82166 Gräfelfing | |
Germany | |
Phone: | +49 (0)89 9292 815-1 |
Fax: | +49 (0)89 9292 815-15 |
E-mail: | info@fvreit.de |
Internet: | www.fvreit.de |
ISIN: | DE000A0MW975 |
WKN: | A0MW97 |
Indices: | RX REIT All Share Index, RX REIT Index |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |
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655835 20-Feb-2018 CET/CEST
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