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Pressemitteilung BoxID: 205240 (DEMIRE Deutsche Mittelstand Real Estate AG)
  • DEMIRE Deutsche Mittelstand Real Estate AG
  • Lyoner Straße 32
  • 60528 Frankfurt/Main
  • http://www.demire.ag
  • Ansprechpartner
  • Joachim Fleing
  • +49 (69) 71918979-36

Dr Marc-Milo Lube is the new member of MAGNAT's Board of Directors

(lifePR) (Frankfurt am Main, ) Today Dr Marc-Milo Lube (40) was appointed as the spokesman of MAGNAT Real Estate AG's Board of Directors ('MAGNAT', ISIN DE000A0XFSF0) as of 1 January 2011. He will be primarily responsible for asset management, marketing and sales.

Dr Lube has been active for more than 15 years in real estate development, corporate finance and strategic consulting. He last owned an Austrian consulting firm for Eastern European real estate development. Prior thereto, he was the CEO of asset manager R-QUADRAT Immobilien GmbH in Austria. Dr Lube will focus on expanding Eastern European competence along with the company's sales force and capital market alignment.

Dr Lube is currently a member of MAGNAT's Supervisory Board. Pursuant to his appointment to the Board of Directors, he will leave the Supervisory Board on 31 December 2010. Dr Lube is a key shareholder of MAGNAT with a more than 3% stake in share capital.

Jürgen Faè will remain the company's CFO.

DEMIRE Deutsche Mittelstand Real Estate AG

MAGNAT Real Estate AG is the first publicly traded real estate company in Frankfurt to focus on real estate development in Eastern European, Austrian and German metropolitan areas.

MAGNAT is an integrated real estate group and covers the entire value chain - from acquisition to development to the sale of projects and land. In addition, the Group provides real estate asset management for third parties.

MAGNAT investors participate in development returns in Eastern Europe and special situations in Germany and Austria.