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on PATRIZIA Immobilien AG (isin : DE000PAT1AG3)

PATRIZIA Aims for EUR 100bn AUM by 2030 with New Growth Strategy

PATRIZIA SE has announced a strategic mid-term plan to achieve EUR 100 billion in assets under management (AUM) by 2030. The company aims to leverage its strong position in Germany and accelerate growth internationally within five key areas: Living, Value-add Strategies, Re-Infra & Smart City Solutions, European Infrastructure, and Independent Advantage Investment Partners.

As part of this strategy, PATRIZIA will introduce a new Group Executive Committee (GEC) to replace the current Executive Committee effective August 1, 2024. The GEC will include six Executive Directors. The new members are Martin Praum as CFO, James Muir as Head of the Investment Division, and Dr Konrad Finkenzeller as Head of the Client Division.

This organizational adjustment aims to strengthen PATRIZIA’s global investment activities and enhance client relationships. The new structure will support a more efficient and effective investment process across all asset classes, ensuring the company’s ambitious growth targets are met.

R. H.

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