Union Investment is reorganising the management teams at Union Investment Real Estate GmbH, which is responsible for its property retail fund business, and Union Investment Institutional Property GmbH. Karim Esch (53) will be appointed to the Management Board of Union Investment Real Estate GmbH with effect from 1 July 2025. An experienced transaction expert and institutional fund manager, he will assume responsibility for investment management within Union Investment Real Estate GmbH’s management team. He takes over from Martin Brühl (57), who left the company in April at his own request. Also with effect from 1 July 2025, Kirsten Ludwig (42) will join the Management Board of Union Investment Institutional Property GmbH, which handles institutional real estate business. She will take over from Karim Esch in the area of institutional fund management for open-ended and closed-ended real estate funds (Service KVGs and real estate funds of funds).
Source: realestate.union-investment.com on the 10 June 2025
https://realestate.union-investment.com/en_GB/media-center/press-releases/reorganisation-management-teams-union-investment