DGAP-News: Corestate accelerates integration with new hires in key positions

Corestate accelerates integration with new hires in key positions

• Izabela Danner to drive the integration course as Group-wide COO in a newly created function
• Frank Bandemer to serve Group-wide institutional investors as Chief Client Executive
• CEO René Parmantier: "Integration and optimal tailoring of the Group to its clients are being advanced with top personnel."

Frankfurt, 22 November 2021. Following the strategic realignment at the beginning of the year with a uniform platform for Real Estate Debt and Real Estate Equity, Corestate is now accelerating the integration of the Group by filling two newly created key positions.

As the new Group-wide COO (Chief Operations Officer), Izabela Danner will bundle core topics such as corporate excellence, organisational development, the growth strategy and ESG initiatives and drive them forward. Thanks to her many years of professional and management experience at both the board and executive level in the real estate and financial services industry, she will be able to significantly accelerate Corestate's ongoing transformation and integration processes and make the organisational platform more effective, particularly by reducing complexity in structures and processes.

The second new appointment relates to Group-wide client services. As Managing Director in the also newly created position of 'Chief Client Executive,' Frank Bandemer will look after the further development of business activities with institutional clients on the debt and equity side as Relationship Manager. Mr. Bandemer most recently worked as Global Head of Liability Analysis for a large German insurance company.

René Parmantier, CEO Corestate: "We have effectively bundled our expertise with these two top personnel in newly created key positions. This will enable us to further advance the integration of our business units in the interest of our clients, which will not least make our product and service portfolio even more focused and thus more attractive."

Press contact
Jorge Person
T: +49 69 3535630-136 / M: +49 162 2632369
jorge.person@corestate-capital.com

Investor Relations contact
Dr Kai Gregor Klinger
T: +49 69 3535630-106 / M: +49 152 22755400
ir@corestate-capital.com

About CORESTATE Capital Holding S.A. (CORESTATE)

CORESTATE is an investment manager and co-investor with approximately € 27bn in assets under management. The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability - trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At CORESTATE, all concepts are supported with ESG expertise that is unique to the industry. With around 850 experts, CORESTATE offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. CORESTATE is listed on the Frankfurt Stock Exchange and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 11 countries across Europe, with offices in major cities such as Frankfurt, Vienna, Zurich, Paris, Madrid and London. For further information, please visit www.corestate-capital.com.

Forward-looking statements

This press release may contain forward-looking statements based on current estimates and assumptions made by management. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of the Company to be materially different from those expressed or implied by these forward-looking statements. These factors include those discussed in our published reports. These reports are available from our website, corestate-capital.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Undue importance should not be placed on forward-looking statements, which only apply as at the date of this release.