Markus Diers. Credit: redos Group
Ticker

redos Group brings Markus Diers on board as Managing Director for Asset Management

Hamburg-based large-scale retail property specialist redos Group has appointed Markus Diers as a Managing Director.

The 41-year-old real estate executive will assume responsibility for Asset Management within the group’s funds business with effect from 1 June, working closely together with Torsten C. Wesch, Managing Director for Fund Management, and Frank Eckervogt, Managing Director for Transactions.Markus Diers brings a proven track record of 20 years in real estate management with a particular focus on large-format retail. Before joining redos, he served as head of asset management for retail properties at HIH Real Estate GmbH, a property investment manager, where he managed a retail and logistics portfolio with a total of EUR 1.4 billion in property holdings.

In 2017 he was additionally appointed managing director of HIH Centermanagement GmbH, a subsidiary for shopping centre management. From 2005 to 2016 Markus Diers worked for Union Investment Real Estate GmbH including as international asset management head for shopping centres. His past professional career also included posts at DGAG Center Management GmbH and B&L Immobilien Management GmbH.“With the addition of Markus Diers, we are gaining a young and dynamic but also very experienced colleague who will bring new impetus to our funds area in close cooperation with our asset management, property acquisition and leasing teams,” explains Oliver Hermann, Chief Executive Officer of redos.

“The ongoing coronavirus pandemic has created both challenges and opportunities in the market. With our active management approach, we have been able to tackle both at the same time. We are convinced that Markus Diers, thanks to his track record, his network and his management experience, is exactly the right expert manager to guide the continued growth of our asset management business.”

“The current market situation requires a high degree of flexibility, individualised approaches to raising asset values and, very importantly, solid relationships with our business partners built on mutual confidence,” says Markus Diers.

“All three of these are core to the redos philosophy. Over recent years, the company has built up a large retail property portfolio with strong established tenants, particularly within our funds business. I am looking forward to taking the next steps with this superb and capable team.”

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

Ticker MORE

Nine new brands have arrived in the Czech market this year to date, Primark being the most prominent of them

Nine new retail brands have come or will come to the Czech Republic within the first six months of this year.

GRAI treading water – pandemic (still) stops recovery in retail markets

Global Retail Attractiveness Index remains weak in Europe. Poland, Germany and Ireland are new top trio in index. UK the only market to see an increase.

Waitrose appoints new Retail Director

The John Lewis Partnership announced that Tina Mitchell will join Waitrose as Retail Director.

Anette Simpson Appointed as Chair of ULI United Kingdom

The Urban Land Institute (ULI) has announced the appointment of Anette Simpson, director of development and partnerships, Legal & General Affordable Homes, as chair of ULI United Kingdom (ULI UK). She succeeds Vanessa Hale, director of research, BNP Paribas Real Estate, and will officially begin her voluntary two-year term on 1 July 2021.

Sonae Sierra avoided costs of €15 million in 2020 by implementing eco-efficiency measures

The Company has reduced its CO2 emissions by 84% since 2005 and electricity consumption by 66% since 2002.

Yardi Acquires We Are Forge Ltd to Further Expand Visitor Management Integrated with Access Control Capabilities

Yardi® announced the acquisition of We Are Forge Ltd (Forge), a Bristol, UK based software company, that specialises in visitor management and smart access control for a wide range of real estate asset classes including, office, retail, industrial, flexible workspace and the education sector.