conwert Immobilien Invest SE: Marc Sahling Named New General Manager for Germany

Vienna (pta008/15.03.2016/08:28 UTC+1) conwert Immobilien Invest SE (conwert) appointed Mr. Marc Sahling (46) to serve as the new General Manager for the German conwert subsidiaries effective 1 April 2016. In this position, he will be responsible for asset and property management as well as sales in Germany, the most important market of Austrian real estate company conwert, which specialises in residential properties in Austria and Germany.

The graduate in business administration and married father of two children boasts more than 15 years of experience in the real estate sector. During his longstanding work as the chief representative of the publicly listed Gagfah Group, Marc Sahling gained an in-depth knowledge of the fields of asset and property management, acquisitions and property sales. In addition, he was also responsible for the further strategic development of the company, and proved to be an acknowledged expert on the German real estate market.

"With Marc Sahling, we have succeeded in recruiting a real estate expert with longstanding experience to serve as General Manager in Germany", says Wolfgang Beck, Executive Director and CEO of conwert. "We are convinced that his know-how will help us increase the value of conwert on behalf of our customers and investors on this important market. Together we want to continue our focus on residential properties in this region, and systematically expand our portfolio. In contrast, we will sell properties which do not belong to our core business, as planned."

The previous General Manager, Rolf Schneider, will leave the company at the end of March at his own request. The Executive Committee gives thanks for his valuable contribution to the company's success and wishes him well both for his professional and personal future.

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This release contains forward-looking statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and, consequently, the actual results realized at a later date, may differ from the forecasts presented here for a variety of reasons.

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Emitter:	conwert Immobilien Invest SE Alserbachstraße 32 1090 Vienna Austria
Contact Person:	Clemens Billek
Phone:	+43 1 52145-700
E-Mail:	cwi@conwert.at
Website:	www.conwert.at
ISIN(s):	AT0000697750 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)