01/18/2013: Deutsche Wohnen AG strengthens its senior management team

Frankfurt/Main and Berlin, 18 January 2013. Deutsche Wohnen is strengthening its senior management team in the areas of financial markets, corporate development and M&A.

Ralph Ziegler (46), an Economics graduate, took up his post as Managing Director for Corporate Development as early as 1 November 2012. He is responsible for the strategic development of the company. After holding positions which included the DEPFA Bank AG and PwC, he was employed from 2007 as Head of Business Development at HIH Hamburgische Immobilien Handlung GmbH, a company specialising in asset and real estate management.

In January 2013 Philip Grosse (42), a graduate in Business Administration, became Managing Director of Corporate Finance at Deutsche Wohnen AG. He has proven expertise in financial markets and is now responsible for the area Corporate Finance. Previously he was the Head of Equity Capital Markets for Germany and Austria at Credit Suisse.

In addition, the position of Managing Director for M&A at Deutsche Wohnen AG will be filled by a newly recruited real estate specialist during the first quarter of this year.

Michael Zahn, the CEO of Deutsche Wohnen AG, says of these appointments, "Over the last few months we have been able to secure for our company the services of high-quality experts as senior managers. With these latest additions we are strengthening the senior management level of the company and expanding our competence in the areas of financial markets, corporate development and M&A. These appointments clearly show that we are continuing to develop the company following 2012, a year characterised by major acquisitions. With our highly qualified and now strengthened management team we intend to continue our sustainable growth strategy in the future as well."


Deutsche Wohnen
Deutsche Wohnen is one of the largest publicly listed residential property companies in Germany with a business focus on managing and developing its residential property portfolio. As at 30 September 2012 the portfolio comprised around 74,000 units in total, of which 73,200 are residential units and 800 are commercial properties. The company is listed in the Deutsche Börse's MDAX and is also included in the leading indices EPRA/NAREIT and GPR 250.

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