Peach Property Group AG
Peach Property Group Ltd reinforces management in Germany
Continuing the targeted expansion of its stake in Germany, Peach Property Group Ltd has appointed Bernd Hasse as its new Management Spokesman.
Peach Property Group Ltd is pleased to announce that Bernd Hasse takes office as Group Management Spokesman with effect from January 2011. The appointment follows the Group’s successful IPO on the SIX Swiss Exchange on 12 November 2010 (PEAN, ISIN CH0118530366) and the launch of its “yoo berlin” project. The project, developed jointly with designer Philippe Starck, involves building 87 dwellings uniquely sited on the river Spree in Berlin Mitte. Penthouses, town houses and suites will all boast the label “yoo inspired by Starck”.
Bernd Hasse will manage Peach Property Group (Deutschland) GmbH, a 100%- owned subsidiary of Peach Property Group Ltd. Reinforcing the existing management team, he will work jointly with Henk van Doesburg (Chief Financial Officer) and Ralf Vorrink (Technical Managing Director).
Until recently Bernd Hasse served as Managing Director of Frankfurt-based ING Real Estate Germany GmbH, and as Chairman of the Board of Directors of ING Real Estate Development Alpenrhein AG in Zurich. Previously he rose to Managing Partner positions with development and consultancy firms in Cologne, Düsseldorf and Munich, after launching his long career at Bauwens, a Cologne-based building contractor.
As a personality with proven track record in the real estate sector, Hasse ideally complements the management of Peach Property Group (Deutschland) GmbH.
Dr. Thomas Wolfensberger, CEO of Peach Property Group Ltd, said: “We are extremely pleased that Bernd Hasse is reinforcing our management team in Germany. He can draw on long experience in German-speaking Europe to lend us decisive support in our work. This may relate to further expansion into new project sites, especially in Germany, but also to the field of Peach Property Group’s international project sourcings.”
Peach Property Group (Deutschland) GmbH’s successful project expansion include the launch of the project at Harvestehuder Weg 36, in Hamburg’s Aussenalster district, the launch of the Philippe Starck project “you berlin” and the Peach Property development “Living 106”, completed last summer with 76 freehold apartments in Berlin Mitte.
In October 2010 Peach Property celebrated the laying of the foundation stone of its exclusive lifestyle property, “Schooren des Alpes”. Located at Kappl, near the Austrian resort of Ischgl, the holiday development lies in one of Europe’s most attractive winter sports regions.
In September 2010 an independent study rated Peach Property Group Ltd Germany’s second-largest developer of luxury properties.
The Group’s largest project at present is the “Peninsula”, a 30,000-m2 site on the shore of Lake Zurich.