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25/03/2019 | Corporate News

Fair Value REIT-AG: Kevin Julian Fuhr has been appointed to the Managing Board as of 1 April 2019

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·            Kevin Julian Fuhr has been appointed to the Managing Board as of 1 April 2019

·            Stefan Herb has resigned from the Managing Board effective 29 March 2019

 

Graefelfing, 25 March 2019 – The Supervisory Board of Fair Value REIT-AG (WKN A0MW97)
has appointed Kevin Julian Fuhr (36), currently an authorised signatory of the company, as a member of Fair Value REIT-AG’s Managing Board as of 1 April 2019. He succeeds the current Chief Financial Officer, Stefan Herb, who is resigning from his position on 29 March 2019 to take up new professional challenges. Fair Value REIT-AG’s Supervisory Board thanks Mr. Herb for his very successful work.

 

Mr. Fuhr has been responsible for Corporate Development at DEMIRE Deutsche Mittelstand Real Estate AG since mid-February 2019. Previously, he held executive positions at
BNP Paribas Real Estate Investment Management International GmbH and
Swiss Life Kapitalverwaltungsgesellschaft mbH. Mr. Fuhr holds degrees from the
Frankfurt School of Finance & Management and IREBS/DVFA Deutsche Vereinigung für Finanzanalyse und Asset Management.

 

Ingo Hartlief, CEO of Fair Value REIT-AG, comments: “I’m really looking forward to working together with Mr. Fuhr. He has a broad network and extensive knowledge of the industry, which we expect will have a positive impact on our company. At the same time I would like to thank Mr. Herb for his very good work."

 

Frank Hölzle, Chairman of Fair Value REIT-AG’s Supervisory Board, added: "With Mr. Fuhr we have gained an experienced real estate manager as a new member of the Managing Board. He has extensive knowledge of portfolio management and has held strategic positions with leading real estate companies. We would like to thank Mr. Herb very much for his great commitment and wish him all the best for his private and professional future."

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A REIT – Higher Return for Investors

REIT stands for Real Estate Investment Trust. The assets of these listed companies in Germany consist mainly of real estate and investments in other real estate companies.

 

At the international level, REITs have been established for many years. On 1 January 2007, they were introduced in Germany as well.

 

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