|
EQS-News: Branicks Group AG
/ Key word(s): Real Estate/Personnel
Branicks Group AG: Reduction of the Management Board and new allocation of responsibilities Frankfurt am Main, March 26, 2025 Press release of the Branicks Group AG Branicks Group AG: Reduction of the Management Board and new allocation of responsibilities
Frankfurt, 26.03.2025 - The Supervisory Board of Branicks Group AG (Branicks), ISIN: DE000A1X3XX4, has decided to reduce the size of the Management Board of Branicks Group AG from four to three members and to make changes to the allocation of responsibilities within the Management Board. The management of the Institutional Business of Branicks Group AG will be transferred to Christian Fritzsche. His previous responsibility for the Commercial Portfolio and the management of Branicks Onsite GmbH will be taken over by Sonja Wärntges as an additional area of responsibility. Torsten Doyen is leaving the Management Board of Branicks Group AG. Christian Fritzsche's Management Board contract will be extended until December 31, 2027. “With our decisions to reallocate the business and reduce the size of the Management Board, we are streamlining the structures and decision-making processes at Management Board level and meeting the Group's strategic and operational objectives by further increasing its efficiency and effectiveness,” commented Dr. Angela Geerling, Chairwoman of the Supervisory Board of Branicks Group AG, on the decisions taken. The Management Board of Branicks Group AG will therefore consist of three members in future: Sonja Wärntges, Johannes von Mutius and Christian Fritzsche. Furthermore, the Management Board of Branicks Group AG has appointed Lukas Brunert as a member of the management of Branicks Onsite GmbH. Lukas Brunert is Sustainability Officer of Branicks Group AG and will be responsible in particular for ESG issues in the management of Onsite GmbH and will focus on the further development of the real estate portfolio. Last year, Branicks was already able to further increase the green building ratio in its own portfolio to 52.9% (previous year: 43.6%) and significantly increase the proportion of properties with sustainability certificates such as DGNB, LEED or BREEAM. CVs of the members of the Branicks Group AG Management Board are available on the company website at the following link: About Branicks Group AG: The Commercial Portfolio segment comprises real estate held for our own account. Here, we generate cash flows from stable rent revenues on long-term leases while also optimizing the value of our portfolio assets through active management and realizing gains from sales. In the Institutional Business segment, we earn recurrent fees from real estate services we provide to national and international institutional investors by structuring and managing investment products that return attractive dividend yields. The shares of Branicks Group AG are listed in the Prime Standard of the German Stock Exchange (WKN: A1X3XX / ISIN: DE000A1X3XX4). The company is fully committed to sustainability and occupies top positions in ESG-relevant ratings such as Morningstar Sustainalytics and S&P Global CSA. The Branicks Group is also a signatory to the UN Global Compact and the UN PRI network. Properties in the Branicks portfolio have been awarded renowned sustainability certificates such as DGNB, LEED or BREEAM. For more details, go to PR Contact Branicks Group AG: Stephan Heimbach Neue Mainzer Strasse 32-36 D-60311 Frankfurt am Main Phone 1569
IR Contact Branicks Group AG: Jasmin Dentz Neue Mainzer Strasse 32-36 D-60311 Frankfurt am Main Phone 1492
26.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Branicks Group AG |
| Neue Mainzer Straße 32-36 | |
| 60311 Frankfurt am Main | |
| Germany | |
| Phone: | 1492 |
| Fax: | 9399 |
| E-mail: | |
| Internet: | |
| ISIN: | DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9 |
| WKN: | A1X3XX, A12T64, A2GSCV, A2NBZG |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 2106154 |
| End of News | EQS News Service |
|
|
2106154 26.03.2025 CET/CEST
