ERWE Immobilien AG led by the recently launched subsidiary ERWE Invest GmbH, by expanding its investment team. Jochen König, previously Head of Acquisitions at DIC Asset AG, Frankfurt/M, has been appointed Head of Investment as of the beginning of April. Over the past ten years, König was involved in acquisitions worth some EUR 1.1 bn, hence has gained extensive transaction experience and a broad network. ERWE Invests plans building and managing a portfolio of attractive properties in German inner cities with the participation of institutional investors. König complements the management team of ERWE Invest which also includes Markus Koch and Rüdiger Weitzel, both Executive Directors of the company, as well as Philipp Weitzel. The team draws upon the track record and the experience within the ERWE group. Currently, a number of acquisition opportunities are being evaluated while at the same time the team is preparing the launch of a fund with a value-add approach and a sustainable, ESG-compatible concept. At the time of the launch, the fund can draw from some portfolio properties as well as from a pipeline of attractive objects in German mid-sized cities.