HAMBURG, GERMANY—Starting June 1, there will be a new executive steering Unilmmo: Europa and Unilmmo: Global fund management unit at Union Investment Real Estate GmbH, Hamburg. Björn Thiemann, 41, will take over as head of the unit.
Thiemann and his team will be responsible for management of both retail funds, but will also personally take responsibility for Unilmmo: Europa, Union Investment's broadly diversified flagship fund covering 19 national markets with assets of EUR 8.3 billion and a European investment focus.
With degrees in business administration and real estate economics, in his new role Thiemann will report to Reinhard Kutscher, chairman of the management board, and chiefly responsible for retail fund management. “We are delighted that Björn Thiemann is joining us to run our top product. He is an experienced fund manager with extensive real estate expertise,” said Kutscher.
Thiemann was previously head of fund management Europe at DEKA Immobilien Investment GmbH, where his responsibilities included the DEKA Immobilien Europa fund.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
