MAGNAT Real Estate Opportunities GmbH & Co. KGaA / Change of Personnel
16.07.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
PRESS RELEASE OF MAGNAT REAL ESTATE OPPORTUNITIES GmbH & Co. KGaA
MAGNAT REAL ESTATE OPPORTUNITIES strengthens its management team
Dominic Köfner appointed as new head of corporate communications of MAGNAT
REAL ESTATE OPPORTUNITIES
Frankfurt, July 17th, 2008 MAGNAT REAL ESTATE is strengthening its
management team by appointing Dominic Köfner as head of corporate
communications.
Mr. Köfner will take care for press relations and especially for investor
relations. With this appointment MAGNAT REAL ESTATE is aimed at increasing
quality of its communication activities. Being listed at the General
Standard segment of Frankfurt stock exchange it is the objective of MAGNAT
REAL ESTATE to deliver best-practice investor relations.
Jan Oliver Rüster, CEO of MAGNAT REAL ESTATE: 'We are happy to welcome Mr.
Köfner in our management team. With his international experience in
financial communication he will support us to reach our ambitious business
objectives. Joining forces we will increase our communication quality even
further.'
Dominic Köfner has been a consultant for strategic financial communication
at Brunswick Group LLP. He advised international and national corporate
transactions and investor relations mandates. He holds a Master degree and
pursued an university program at Frankfurt School of Finance passing
examination as a Certified Investor Relations Officer.
Further information:
MAGNAT Real Estate Opportunities GmbH & Co. KGaA is a property company
focusing on real estate development in Central and Eastern European
countries.
The mission of MAGNAT is to capitalize on the inefficiencies that are
inherent to real estate markets, to the benefit of its shareholders. In
contrast to traditional real estate investors, MAGNAT's business model is
not only based on rental income, but first and foremost on attractive
development returns and a high turnover rate of its investments (holding
period approx. 1-3 years). Returns on projects are required to exceed
industry-standard average rates for traditional real estate investments.
The management concentrates on real estate markets with specifically
interesting cycles: undervalued markets (anti-cyclical investing) and
markets with strong economic growth (growth markets). Therefore, the main
focus is currently on Central, Eastern and South-Eastern Europe and on
special opportunities also in the 'home markets' Germany and Austria.
Contact details:
Mag. Dominic Köfner, CIRO
Head of Corporate Communications
MAGNAT REAL ESTATE OPPORTUNITIES GmbH & Co. KGaA
Grüneburgweg18
60322 Frankfurt
Phone: 0049 (0)69 71 91 89 79 - 36
Email:dominic.koefner@magnat-reop.com
www.magnat-reop.com
END OF PRESS RELEASE
DGAP 16.07.2008
---------------------------------------------------------------------------
Language: English
Issuer: MAGNAT Real Estate Opportunities GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt am Main
Deutschland
Phone: +49 (0)69 / 719 189 79 0
Fax: +49 (0)69 / 719 189 79 11
E-mail: info@magnat-reop.com
Internet: www.magnat-reop.com
ISIN: DE000A0J3CH0
WKN: A0J3CH
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: MAGNAT Real Estate Opportunities GmbH & Co. KGaA: MAGNAT REAL ESTATE OPPORTUNITIES strengthens its management team
| Source: EQS Group AG