DWS makes appointments in European real estate team

Ulrich Steinmetz has been appointed head of real estate transactions for Europe at DWS.

Christian Baecker has taken over Steinmetz’s responsibility as head of portfolio management real estate retail, in particular for the German real estate retail funds business. Ronen Ribak has been appointed to a newly created position as head of value-add real estate for Europe.

Steinmetz, who joined DWS in 2002 covering real estate transactions for North America, South America, Asia Pacific and the United Kingdom, has managed DWS’s open- and closed-ended real estate retail funds business in Germany since October 2008.

In his new role, Steinmetz will drive the long-term strategic focus of DWS’s European Transactions function, leveraging his previous proven transactions experience, deep network of established relationships in the real estate industry and respected management approach.

Baecker joined DWS’s real estate platform in 2005 and has managed a globally