Accentro Real Estate AG Announces Leadership Transition Following Financial Restructuring

Accentro Real Estate AG has announced significant changes to its Management Board following the successful implementation of its financial restructuring. The company and Dr. Gordon Geiser have mutually agreed that Dr. Geiser will step down from his position as Chief Investment Officer at the end of the year. The Management Board and Supervisory Board expressed appreciation for Dr. Geiser's outstanding work, particularly highlighting his efforts in implementing the StaRUG restructuring process that has positioned the company on healthier financial footing.

In response to this leadership change, the Supervisory Board has appointed Stefan Hammen as a full member of the Management Board with immediate effect for a three-year term, naming him Chief Financial Officer. Mr. Hammen brings extensive industry-specific expertise in finance, accounting, reporting, and asset management to his new role. He will work alongside current CEO Jorg NeuB to support Accentro Real Estate AG through the next phase of operational restructuring and drive forward the company's strategic realignment.

Dr. Nedim Cen, Chairman of the Supervisory Board, stated that the company is delighted to have gained a proven financial expert in the real estate sector for its Management Board. Mr. Hammen's appointment comes at a critical juncture as Accentro moves into its next operational phase following the completion of its financial restructuring. The company's website at https://www.accentro.de provides additional information about its business operations and market position.

Paul Sisak, Deputy Chairman of the Supervisory Board and member of the former Ad Hoc Group of bondholders, emphasized the gratitude and appreciation for Dr. Geiser's dedicated work over recent years. His contributions during the restructuring period have been instrumental in stabilizing the company's financial position. The leadership transition represents a natural evolution following the completion of the intensive restructuring phase that Dr. Geiser helped implement.

Accentro Real Estate AG operates as a residential investor and market leader in residential privatization in Germany, with regional focus extending beyond Berlin to major cities and conurbations in central Germany and the Rhine-Ruhr metropolitan region. The company's business activities encompass three core areas: tenant-oriented sales of apartments to private owner-occupiers and capital investors, portfolio sales to institutional investors, management of its own real estate portfolio, and third-party services. The company's shares trade on the Frankfurt Stock Exchange under the General Standard segment.

The leadership changes at Accentro Real Estate AG signal the company's transition from financial stabilization to operational restructuring and strategic growth. For stakeholders and industry observers, these developments indicate that the company has successfully navigated its restructuring challenges and is now positioning itself for future growth under new financial leadership. The appointment of an experienced CFO with specific real estate expertise suggests a focus on financial discipline and strategic asset management as the company moves forward. The original press release can be viewed at https://www.newmediawire.com, which provides the complete announcement details.