Management Team

Wolfgang Egger was the founder of PATRIZIA and has been a majority shareholder ever since. He has stood at the helm of the company for more than 36 years, during which time it has grown to employ around 800 people. His enterprise became a joint-stock company in 2001, since which time Wolfgang has been Chairman of the Management Board at PATRIZIA. Under his leadership, in 2006 PATRIZIA was successfully floated on the Frankfurt Stock Exchange. In July 2020, the SDAX market capitalisation of the company was roughly €2 billion. In 2020, Wolfgang Egger was honoured by the Urban Land Institute (ULI) and bestowed the European Leadership Award.

Thomas Wels joined the PATRIZIA Management Board as co-CEO in May 2020. Previously, he worked for 15 years at UBS Asset Management where he held a variety of positions including Head of Global Real Estate and, until 2019, Chief Operating Officer. Thomas has strong expertise in all segments of the property and infrastructure markets and has managed a broad spectrum of funds, investment trusts and other alternative investment vehicles. Having worked in executive positions for a number of different real estate investment companies, he has a wealth of experience in strategic planning, business and organisational development, and governance in asset management. Thomas holds a PhD in Economics from the University of St. Gallen.

As the Chief DigitalisationOfficer at PATRIZIA, Alexander Betz and his team digitalise PATRIZIA and run all operations to power our one-stop-service platform. ‘Fund Services’ runs the end-to-end administration of the fund and asset portfolio. ‘Operations’ enables the core business and corporate organisationto achieve operational excellence. ‘Digitalisation’ creates a seamless value chain and data driven workflows to provide scalable services. ‘Global Projects’ steers all cross-functional projects and adapts people to an agile management approach. ‘IT’ operates the IT infrastructure and multi cloud environment to provide all IT services. Alexander Betz has more than 28 years of experience in investment and IT-related business areas. In 1999, he founded eFonds24, the first internet-based platform for property value funds. His start-up has become the market leader used by almost all leading investment management companiesand financial institutions, which use the platform for administering their public investment funds. As a board member of a large listed investment and asset manager, he has extensive experience in the conception, issuance and portfolio management of investment assets. Today, Alexander Betz combines his IT and digital platform expertise with fund and investment know-how for the digitalisationand operations of PATRIZIA. Clients and partners will benefit from seamlessly integrated digital services in the future.

Christoph (51) is a senior executive with Finance and Sales experience across both financial services and infrastructure businesses. He has worked for publicly and privately-owned companies in Europe, Asia and North America - successfully leading small, medium-sized and large organizations for the last 25 years. Most recently, Christoph served for five years as CFO of Home Credit Group, the global consumer finance business of PPF Group, which operates across nine mature and emerging markets in Europe and Asia. Prior to that, he worked for two decades at General Electric (GE), spanning multiple different roles. From 2015 to 2017, he served as CFO of GE's global long-cycle project-focused hydro and renewable steam power business. Between 2012 to 2015, he co-led GE's global growth and operations enhancing activities as CFO of GE Europe, with a strong focus on wind energy developments. From 2004 to 2012, Christoph worked first as CFO and later on as Chief Sales Officer for GE Capital's banking business in the Czech and Slovak republics, after successfully having completed a five-year stint on GE‘s Corporate Audit Staff and the European Management Development Program of the company. Christoph holds an MA in Economics as well as an MA in Chinese Studies. His personal interests revolve around foreign and military policy, outdoor sports and piloting. He is a native of Dresden, married and has three children.