CA Immobilien Anlagen AG: Personnel changes to the Management Board
Vienna, 11.10.2018. In the light of the end of the merger talks with IMMOFINANZ AG and the subsequent sale of the 26% stake in CA Immo held by IMMOFINANZ Group to a Luxembourg fund managed by Starwood Capital, the Supervisory Board of CA Immobilien Anlagen AG ("CA Immo") and Dr. Hans Volkert Volckens came to a mutual agreement to terminate his board activity. Dr. Volckens resigned his Management Board mandate with effect from midnight on 10 October 2018 in order to follow a new path in his professional life. In late September 2016, in addition to the usual roles of a CFO, Dr. Volckens took over all merger-related tasks in order to best possible protect and preserve CA Immo’s interests in the course of the merger talks with IMMOFINANZ AG. The Supervisory Board will confer on a possible successor within the next weeks.
The mandate of the CEO, Andreas Quint, who will take over the CFO agendas on an interim basis, was renewed prematurely until 31 December 2021.
Furthermore, Keegan Viscius, for many years Senior Vice President of Starwood Capital Group, will join the Management Board of CA Immo as Chief Investment Officer ("CIO") responsible for investments and asset management with effect from 1 November 2018. Keegan Viscius is a Senior Vice President in the European real estate acquisitions team for more than six years.