NEW YORK CITY-The global head of RREEF’sopportunistic real estate investing platform, ChrisPapachristophorou, will be leaving DeutscheBank, his employer for the past 15 years, at year’s end,the online newsletter PERE reportedTuesday. A Deutsche Bank spokeswoman tells GlobeSt.comthe firm has no comment on the PERE report.

The news about Papachristophorou apparently departing RREEFOpportunistic Investments comes less than a week after GlobeSt.com confirmed that KurtRoeloffs, RREEF’s global CIO, would be retiring at the endof 2012. In addition, PERE reported that RREEF chairman David Brushhas left the firm to join the European real estate investingplatform of Brookfield Asset Management.

Last month, Deutsche Bank said it would hang onto RREEF, which it had consideredspinning off to Guggenheim Partners. RREEF and otherdivisions—including DWS Americas, DB Advisors and DeutscheInsurance Asset Management—will be part of the newly integratedAsset & Wealth Management platform, the Frankfurt-based bank,which has US headquarters in Lower Manhattan, said inSeptember.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.