Michael Weniger becomes CEO of PROJECT Real Estate AG
The Supervisory Board of PROJECT Real Estate AG (PRE AG) has appointed Board Spokesperson Michael Weniger as chairman of PRE AG retroactively from 1 May 2019.
Dr Matthias Schindler, who has been a board member of PRE AG since 2016, is assuming the position of deputy CEO.
With this realignment, the PROJECT Immobilien Group, one of Germany’s 10 largest project developers, is taking the next step in its growth-oriented development.
The PROJECT Immobilien Group, which currently has over 600 employees, has been successfully developing residential and commercial properties for over 20 years in the metropolitan regions of Berlin, Hamburg, Munich, Nuremberg, the Rhine-Main area, Rhineland and Vienna. The project and property developer is one of the only companies in the industry that draws exclusively on its own capital, which comes from the funds of its sister company, PROJECT Investment.