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.

Karim Bohn was appointed Chief Financial Officer and PATRIZIA Management Board member in November 2015. A business management graduate, he has extensive experience as a CFO in the real estate industry. He previously worked for the housing company Süddeutsche Wohnen, the property group Vitus Immobiliengruppe and the former MDAX-listed company GAGFAH Group. He also has a strong track record in international finance and capital markets. Karim was responsible for the finance and capital market operations of the listed European property companies owned by the Fortress Investment Group in London, he has worked in the area of Merrill Lynch responsible for corporate finance and equity capital markets, and he has worked for Deutsche Bank in Frankfurt and London.

Anne joined PATRIZIA in April 2017 as a Member of the Board and Chief Investment Officer. She has more than 30 years of experience in property investment management. Before joining PATRIZIA, Anne worked for seven years at AXA Investment Managers – Real Assets, where she was Global Head of asset management and transactions and managed asset management, development and the transaction team. She was also a management board member and a member of the Global Investment Committee. Prior to her time at AXA, Anne held a variety of management positions at internationally recognised companies. For example she was Managing Director at Lazard, Head of Real Estate Europe at Cambridge Place Investment Management and International Director in Jones Long LaSalle’s capital markets business. Anne Kavanagh studied Urban Estate management at university, and is a Global Board Member and a Governing Trustee of the Urban Land Institute.

Manuel Käsbauer is Chief Technology & Innovation Officer at PATRIZIA and a member of the Management Board. As well as managing trend-scouting activities across different sectors of industry, he is responsible for identifying new business models, the New Work project at PATRIZIA, which is aimed at rethinking working practices, and rooting out innovative tech solutions offering global potential. Prior to heading up T&I at PATRIZIA, Manuel was responsible for pan-European expansion at PATRIZIA, M&A activities and European residential fund management. He was appointed to the PATRIZIA Management Board in 2020 after just under seven years at the company. In his function as CTIO, Manuel is also responsible for bolstering the services offered by PATRIZIA through investments in the tech industry. Before joining the company, he held a variety of positions in the property industry and has worked in the academic field. Manuel gained a PhD in economics at the University of Regensburg (IREBS).

Simon Woolf is Chief Human Resources Officer at PATRIZIA and responsible for global HR. For ten years prior to joining the company, he was Senior Vice President of HR at Sony Music Entertainment and headed up HR from London. In this role, Simon was responsible for all Sony Music HR activities in Africa, Asia/Pacific, Latin America, Canada and Europe. His role involved implementing the HR strategy across all areas relating to personnel, including activities relating to business partnering, organisation development, and learning and development (OD & L&D), talent acquisition and reward functions. Prior to Sony, he worked for ten years in various HR positions for the British supermarket chain Asda Walmart. Simon holds a degree in modern European studies, politics, economics, French and German from Loughborough University.

Deputy Chairman
Member of the Supervisory Board since 2015
Managing Director, AHO Verwaltungs GmbH an other projects companies, Gräfelfing

Notification of seats on other supervisory boards pursuant to Article 285 No. 10 of the German Commercial Code:

• None

Member of the Supervisory Board since 2017
CEO of VHV Holding AG, Hannover

Notification of seats on other supervisory boards pursuant to Article 285 No. 10 of the German Commercial Code:

Internal Mandates VHV Group, Chairman:

• VHV Allgemeine Versicherung AG
• Hannoversche Lebensversicherung AG
• VHV solutions GmbH
• VHV Vermögensanlage AG
• VAV Versicherungs-AG, Vienna/Austria

External Mandates:

• PATRIZIA AG, Member of the Supervisory Board and Deputy Chairman since 2017
• E + S Rückversicherung AG (subsidiary of Hannover Rückversicherung AG), Hannover, supervisory board member
• NORD/LB, Hannover, advisory council member
• Employers’ Association of German Insurance Industry (Deputy CEO)
• Honorary Consul of the Republic of Austria in Lower Saxony/Germany
• Hannover Impuls GmbH (Business Development Agency of City of Hanover), supervisory board member

Member of the Supervisory Board and Chairman since 2002
Lawyer and tax consultant, Augsburg

Notification of seats on other supervisory boards pursuant to Article 285 No. 10 of the German Commercial Code:

• Chairman of the Supervisory Board of CDH AG, Augsburg