08.06.2016
ADO Properties S.A. LU1250154413
DGAP-News: ADO Properties S.A.: Florian Goldgruber to become CFO of ADO Properties S.A.
DGAP-News: ADO Properties S.A. / Key word(s): Change of Personnel
ADO Properties S.A.: Florian Goldgruber to become CFO of ADO Properties S.A.
08.06.2016 / 15:00
The issuer is solely responsible for the content of this announcement.
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Berlin, 8 June 2016 - The Board of Directors of ADO Properties S.A., the
only residential property company with exclusive focus on Berlin that is
listed in the Prime Standard, appointed Florian Goldgruber (40) as its new
Chief Financial Officer (CFO). He will take office on 1 July 2016.
Florian Goldgruber, a certified business administrator, has before served
as Chief Financial Officer of Arbireo Capital AG in Frankfurt am Main since
January 2015. After starting his professional career with
PricewaterhouseCoopers and goetzpartners he moved to Terra Firma Capital
Partners where he was responsible for Vonovia SE (formerly Deutsche
Annington Immobilien SE), at this time a portfolio company of Terra Firma.
2012 he moved to Vonovia SE as Head of Capital Markets, responsible for all
strategic corporate projects like the company's IPO, the successful
restructuring of the EUR 5.8 billion CMBS ("Deal of the Year 2013" by the
Financial Times), the initial corporate rating of Vonovia SE, the formation
of the investor relations department or the acquisition of the EUR 1.5
billion Vitus portfolio.
"We are pleased to have found with Florian Goldgruber a new CFO who has a
wide and long standing capital market expertise and moreover is perfectly
familiar with our company. He has worked with us for several years now as
adviser, especially before and during our initial public offering," said
Moshe Lahmani, Chairman of the Board of ADO Properties S.A. At the same
time, he thanked Yaron Zaltsman, the outgoing CFO who announced in late
March that he would be leaving the company in July. "In his role as CFO and
member of the Management Board, Yaron Zaltsman left his mark on ADO
Properties S.A. during a decisive phase. He deserves much of the credit for
the successful development of our company and its eminent market position
today. We would like to thank him very much for that and we wish him every
success for the future, both on and off the job."
About ADO Properties
ADO Properties is a Berlin-based company active exclusively in the
residential real estate sector and owning a property stock of 16,400 units.
The company operates an entirely integrated, scalable in-house platform
that includes a dedicated property administration. In addition to being
accountable for the condition of its apartments and buildings, ADO
Properties assumes responsibility for the people who live in them, its own
employees and the surrounding environment. The portfolio of ADO Properties
is concentrated in central locations inside Berlin's rapid-transit circle
line and attractive districts on the city's periphery.
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08.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: ADO Properties S.A.
20 rue Eugène Ruppert
L-2453 Luxembourg
Grand Duchy of Luxembourg
Phone: +352 26 493 412
Fax: +352 27 860 722
E-mail: [email protected]
Internet: www.ado.immo
ISIN: LU1250154413
WKN: A14U78
Indices: SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT
Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard),
Luxembourg; Regulated Unofficial Market in Dusseldorf,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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470167 08.06.2016
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