Corporate News

DEMIRE appoints Markus Drews to the Executive Board

  • Executive Board expanded with the appointment of Dipl.-Kfm. (FH) Markus Drews
  • Support for continued expansion from renowned industry expert

Frankfurt/Main, December 1, 2014 – The Supervisory Board of DEMIRE Deutsche Mittelstand Real Estate AG (“DEMIRE”, ISIN DE000A0XFSF0) resolved to appoint Mr. Markus Drews (39) to the Company’s Executive Board effective as of December 1, 2014. The father of two children has enjoyed a career in the real estate industry for more than 20 years. In his previous positions he was responsible for transactions totalling more than EUR 2 billion and was centrally involved in the establishment of a stock-market listed real estate company. At its peak, this company maintained over EUR 3 billion in assets under management. In this responsibility, Mr. Drews managed real estate and investments of EUR 1 billion. As the second member of the Executive Board in addition to Hon.-Prof. Andreas Steyer, Mr. Drews will assume responsibility for the Organisation, Administration, Transactions and Asset Management areas.

“With the appointment of Markus Drews to the Executive Board, we have gained an experienced industry expert. This will aid us in continuing our expansion strategy towards becoming one of the key portfolio holders on the German real estate market”, explained Hon.-Prof. Andreas Steyer, Speaker of the Executive Board.


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