Union Investment Real Estate GmbH has appointed Michael Bütter to chairman of the management board (CEO) and head of the real estate segment.
A fully qualified lawyer and business economist, he is taking over the role from Jörn Stobbe, who will remain part of the management board and focus on areas with high added value, including value-add transactions, as head of asset management. The five-person team also includes longstanding management board members Volker Noack and Martin Brühl and, since July 1, 2020, Christoph Holzmann as new COO.
In his role as head of the real estate segment, Bütter will take on overall responsibility for Union Investment’s commercial real estate business, which is now worth some €43.5 billion ($50.6 billion). He currently sits on the supervisory and advisory boards of various property and digital companies and is a member of the RICS management board in Germany. He has previously held senior management positions at companies includin
