Primonial REIM CEO Juergen Fenk is stepping down from his role at the company to pursue other activities, the France-based real estate asset manager has said.
Laurent Fléchet, currently chairman of Primonial REIM Holding, will takeover Fenk’s responsibilities.
Fenk joined Primonial REIM on 1 March 2021, as CEO. He was responsible for setting up Primonial REIM's European platform. The company now has teams based in France, Germany, Italy, Luxembourg, the UK and Singapore.
What they said
Laurent Fléchet, chairman of Primonial REIM Holding, said: "Everyone at Primonial REIM joins me in sincerely thanking Juergen Fenk for his committed action and the successful development of our real-estate business on a pan-European level. With Juergen's support and thanks to the work done on the ground by teams across different countries, we have become one of the leading real-estate asset managers in Europe with €35 billion in assets under management. With the support of the country "heads", including Grégory Frapet for France and Peter Finkbeiner for Germany, Primonial REIM intends to further strengthen its European expansion.”