CONSUS Commercial Property AG appoints Jürgen Büser as Chief Financial Officer
Leipzig, 25 October 2017 – CONSUS Commercial Property AG (“CONSUS”, ISIN DE000A2DA414) today announced that its Supervisory Board appointed Jürgen Büser as its new Chief Financial Officer (CFO) effective immediately. The appointment strengthens the executive team of CONSUS Commercial Property AG and sets the course for continued dynamic growth of the company focused on portfolio management of office properties and investments in project developers such as the CG Group. Jürgen Büser has many years of financial experience as a manager gained in posts including CFO of Thomas Cook Group plc, Head of Operations Europe at Siemens Financial Services GmbH and Managing Director and Partner at H/2 Capital Partners. As a result of the appointment, the Management Board now comprises of CEO Norbert Kickum, Jürgen Büser and Stanley Bronisz.
Axel Harloff, chairman of the Supervisory Board of CONSUS Commercial Property AG, said: “We are delighted to add Jürgen Büser to our executive team here at CONSUS. He has a strong track record as a financial expert and will contribute valuable expertise in the financial and property sector and international management and M&A experience to the company.”
Jürgen Büser, Chief Financial Officer of CONSUS Commercial Property AG, commented: “I look forward to working with my colleagues on the Management Board to pursue the continued growth of CONSUS in line with our strategy and in particular by the great potential offered to successfully expand into the property development business in Germany.”
About CONSUS Commercial Property AG
CONSUS Commercial Property AG (“CONSUS”) is an opportunity-oriented commercial real estate investor focused on dynamically building an office property based portfolio. With a value-add approach and acquisitions resulting from unique situations, CONSUS looks to achieve an above-average increase in value and rental returns. Specializing in properties that have a market value of between 10 and 25 million Euros CONSUS is able to profit from a less competitive environment compared to other property sizes. With the attractive initial net yields that can be realized in the value-add segment of this size category, CONSUS believes it is very well positioned for different market cycles and financing environments. Active asset management serves to further increase property values, as well as higher rental income of the portfolio. Having developed professional, efficient business structures and liaising with leading partners for property acquisition, deal processing, and asset management, CONSUS expects to generate substantial funds from operations (FFO).
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