Michael Bütter Credit: Union Investment
Ticker

Michael Bütter will become Chairman of the Management Board (CEO) of Union Investment Real Estate GmbH

Union Investment Real Estate GmbH is reinforcing its senior leadership team by bringing on board Michael Bütter (50), a respected real estate manager with many years of industry experience.

As part of the company’s dynamic growth strategy, reorganisation of the Management Board is now complete following the departure of Reinhard Kutscher.  

Michael Bütter will become Chairman of the Management Board (CEO) of Union Investment Real Estate GmbH and head of the Real Estate segment with effect from 1 October 2020, subject to approval by BaFin. A fully qualified lawyer and business economist, he is taking over the role from Jörn Stobbe, who will remain part of the Management Board as head of Asset Management.

The five-strong leadership team also includes longstanding Management Board members Volker Noack and Martin J. Brühl FRICS and, since 1 July 2020, Dr. Christoph Holzmann MRICS as new COO.

“We are delighted that Michael Bütter is joining us, with his international expertise and versatile leadership skills. He is held in high regard within and beyond the real estate and digital sectors. Michael Bütter will help us to successfully drive growth and innovation across our business,” said Jens Wilhelm, Chairman of the Supervisory Board.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

How Nextrade supports stationary retail with digitalization

Interview with Philipp Keller from Lorey | Philipp Keller is the owner and managing director of Lorey Frankfurt. For 225 years, the well-known Frankfurt specialty store has been offering a diverse assortment for upscale tableware and cooking culture. Nextrade is an important B2B marketplace for the company to link stationary and online trade and thus to offer its customers great added values in the local store.

Echo leased 8.5 thousand sqm to the Kaufland chain in Poznań, Poland

A convenient store with a wide range of products for everyday shopping will return to Piątkowo in Poznań.

Special Issue “Come Back Smarter”

Is the covid-19 crisis making the placemaking industry smarter and how covid-19 is changing the more nimble? What international industry experts have to say about it.

Warburg-HIH Invest acquires non-discretionary retail quarter in Bavaria, Germany

Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has acquired Bernstein-Center, a mixed-use, non-discretionary retail quarter in the Bavarian town of Nittendorf. Located at Brunnenstrasse 1-3, the newly built quarter features a gross lettable area of around 6,500 square metres, as well as 48 underground car park spaces and some 110 outdoor parking spaces.

Etele Plaza receives occupancy permit – tenants start moving in

The EUR 300 million Etele Plaza developed by Futureal has received the occupancy permit. Therefore, the tenants can now start setting up their stores in Buda’s largest shopping centre. The environment friendly complex with a rentable area of 55,000 sq m will bring the next generation of plaza design to Hungary this September.

Labtech appoints new Retail Asset Manager for Hawley Wharf Camden

LabTech has announced the appointment of Jonny Perkins as Retail Asset Manager for its new 580,000 sq ft development, Hawley Wharf Camden, and LabTech’s other Camden holdings.