Michael Bütter (52) has been elected to the Supervisory Board of Hamburg-based real estate investment company Union Investment Institutional Property GmbH with effect from 28 March 2022. He replaces Alexander Schindler, who is stepping down from the Supervisory Board. The other members of the board are Jens Wilhelm (Chairman) and André Haagmann (Deputy Chairman). Michael Bütter has been CEO and Chairman of sister company Union Investment Real Estate GmbH and head of Union Investment’s Real Estate segment since 2020.
Union Investment Institutional Property GmbH provides real estate solutions for institutional clients, with assets under management currently totalling EUR 18.2 billion. Alongside special funds and individual mandates focusing on the commercial real estate sector, it has offered institutional customers investment opportunities in German residential real estate markets since 2011 as a Service KVG.
“We want to leverage our strong position to achieve further growth through existing and new vehicles, including in the resilient residential property sector outside the DACH region. I look forward to working with my colleagues on the Supervisory Board to take the necessary decisions,” said Michael Bütter.
