Peter Finkbeiner appointed as new CEO of ISARIA Wohnbau AG

Munich, February 19, 2019: ISARIA Wohnbau AG’s Supervisory Board has appointed Peter Finkbeiner as new Chief Executive Officer of the company. Finkbeiner will assume his duties with effect from March 1, 2019. He takes over this position from Jan-Christoph Düdden, who is leaving the company and moving to Hudson Advisors, a company closely affiliated to Lone Star, the main shareholder.

“We are pleased to have gained the services of Peter Finkbeiner with his proven real estate and capital market expertise. With him on board, we will be able to continue our successful growth course,” said Alexander Hesse, Chairman of ISARIA Wohnbau AG’s Supervisory Board. Finkbeiner holds approximately 20 years of experience in the real estate sector. He has been a member of S-DAX-listed TLG Immobilien AG’s Executive Board since 2013.

Jan-Christoph Düdden has been CEO since May 2018, and had previously been on ISARIA Wohnbau AG’s Supervisory Board since 2016. “We thank Jan-Christoph Düdden for all his valued work and wish him continued success,” said Hesse.

About ISARIA Wohnbau AG

ISARIA Wohnbau AG is one of the leading project developers for residential construction in Munich. The range of projects it has completed includes multi-story apartment blocks, district developments and the regeneration of buildings previously used for commercial purposes. ISARIA Wohnbau AG, with its 90-some employees, can now offer residential properties to meet the requirements of a wide range of target groups. The company has 20 years of experience along the entire project development value chain, including proven skills in obtaining construction rights. Based on its strong market position in the Munich urban area, ISARIA Wohnbau AG has successively expanded its activities in recent years to new regions with projects in the greater Munich area as well as in Hamburg, Stuttgart and Frankfurt am Main. The company’s current project pipeline is worth over EUR 2.8 billion.

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Peter Finkbeiner, CEO of ISARIA Wohnbau AG from 01.03.2019