Michael Müller appointed new CEO of Helvetica Property Investors AG
Zurich, 5. September 2019 – The Board of Directors of Helvetica Property Investors AG (Helvetica) has appointed Michael Müller as the new CEO Switzerland. He will succeed Hans R. Holdener in January 2020.
Hans R. Holdener, founding partner and long-standing CEO of Helvetica Property Investors AG, has decided to transfer the operational management of the successful Real Estate Fund and Asset Management platform to new competent hands and will instead assume a role on the Board of Directors and the Investment Committee. Hans R. Holdener founded Helvetica Property Investors AG 13 years ago as a novelty in the Swiss real estate market. Today, the company is one of the most successful companies of its kind and is the preferred partner for direct and indirect real estate investments.
Hans R. Holdener’s role as CEO will be assumed by the proven industry expert Michael Müller from 1 January 2020. In an extensive selection process, the Board of Directors came to the conclusion that Michael Müller, due to his convincing personality and his comprehensive track record in the real estate industry, is the ideal candidate for this position.
“With Michael Müller, we were able to appoint a highly qualified new CEO who has both a sound educational background in the real estate sector and an outstanding track record in the industry. We are very much looking forward to seeing him and his management team actively shaping the further development of Helvetica Property Investors AG. It is also gratifying that the founder of Helvetica, Hans R. Holdener, will remain committed to the Group. He will continue to shape the destiny of the company as a member of the Board of Directors and Investment Committees and, in close coordination with Michael Müller, will contribute his expertise in the areas of investor relations, marketing and business development,” says Hans Ueli Keller, Chairman of the Board of Directors of the company.
Michael Müller will join the company on October 1, 2019 and, after a transition period, will assume the position of CEO Switzerland as of January 1, 2020. The 55-year-old completed an apprenticeship as a building construction draughtsman and then went on to graduate as an Architect HTL and completed his educational profile with the degree of Graduate Industrial Engineer STV and Federal Certified real estate trustee. He looks back on an extraordinary successful career in the real estate industry, where he got to know the perspective of investors and owners as well as the managerial and the principal side of the business. As CEO of bfw Liegenschaften, he accompanied the company’s IPO. From 2010 to 2018 he headed Ledermann Immobilien as CEO and headed various large real estate projects.
“I am thrilled to have found a highly talented successor in the person of Michael Müller, who I am convinced will consistently continue the success story of Helvetica Property Investors AG. After 13 years as CEO, I am looking forward to taking on new responsibilities and working closely with Michael Müller,” says Hans R. Holdener, the departing CEO and future member of the Board of Directors.
New residential fund planned
Supported by the experienced real estate expert Markus Killer, Michael Müller, as the new CEO, will also push ahead with the expansion into the residential investment business. Helvetica Property Investors AG, which is already successfully active in the fund business with commercial real estate, will thus also be able to offer its customers services and products in the residential real estate sector. The first step will be the launch of a new residential fund in near future.
Michael Müller says: “Helvetica Property Investors is a dynamic and excellently positioned company. I am looking forward to assuming overall responsibility from next year and to continuing to build the strong brand together with the Board of Directors and the Executive Board”.
Reorganization of the Executive Board
In connection with the change in management, the Executive Board will be reorganized. The Acquisition and Sales and Asset Management departments will be merged into the newly formed Investment Management division, headed by Frederic Königsegg as Chief Investment Officer. In the future, the Executive Board will consist of CEO Michael Müller, CIO Frederic Königsegg and CFO Peter R. Vogel.
Helvetica Property Investors AG is also establishing an Extended Management team in order to make the company stronger. It will include the new Head of Asset Management, Lucas Schlageter (formerly Swisscanto), who will join Helvetica on 1 November, and Salman Baday, now Head Sales Switzerland. Hans Peter Wasser, Head of Asset Management for many years, will head key projects in the future.