News

Lars Urbansky joins Management Board of Deutsche Wohnen SE
 

• Supervisory Board appoints Managing Director of Deutsche Wohnen Immobilien Management GmbH to the Group Management Board
• COO Lars Wittan will leave the company in September 2019
   

Berlin, 18 March 2019. The Supervisory Board of the Deutsche Wohnen SE has appointed Lars Urbansky (born 1976) as a new member of the Executive Board with effect from 1 April 2019. He is currently Managing Director of Deutsche Wohnen Immobilien Management GmbH. As a member of the Management Board, he will be responsible for other operational areas within the Group in addition to his current area of activity. His appointment underlines the strategic importance of customer service for Deutsche Wohnen.

Lars Urbansky has been working for Deutsche Wohnen since 2008. He has worked in various areas of responsibility within the Group and has managed the nationwide service network of the Deutsche Wohnen Group since 2014. These units cover the entire letting process and the commercial and technical neighbourhood service. Lars Urbansky began his professional career by training at GEHAG, a company of the Deutsche Wohnen Group.

Lars Urbansky succeeds Lars Wittan, Chief Operating Officer, who will leave the company at his own request by 30 September 2019 - the end of his contract term. Lars Wittan: "Deutsche Wohnen is an excellently positioned company with vision and character, which I very much enjoyed working for. At the age of 40, my personal life plan once more envisages a departure for new shores. After eight years on the Management Board, this is a good time for a professional turning point." Lars Wittan has been working for the Deutsche Wohnen Group in various leading positions since 2007.

"We are pleased that we were able to win Lars Urbansky, a proven real estate expert and long-standing companion, for the Management Board. In future, he will above all ensure that the areas of customer service, integrated neighbourhood development, digitization and process management are optimally interlinked," said Matthias Hünlein, Chairman of the Supervisory Board of Deutsche Wohnen SE. "I would like to thank Lars Wittan for his outstanding work as COO and his many years of commitment to the company. During his 12 years with us, Mr. Wittan has played a key role in shaping the company in various areas of responsibility and thus helped positioning it for the future. We respect this personal step of Mr. Wittan - even if we regret it very much."

Deutsche Wohnen

Deutsche Wohnen is one of the leading publicly listed property companies in Germany and Europe. Its operating focus is on managing and developing its portfolio, concentrating on residential properties. As of 30 September 2018, its portfolio comprised 165,634 units, of which 163,057 are residential and 2,577 commercial. Deutsche Wohnen is listed on Deutsche Börse's MDAX index and also traded on the leading indices EPRA/NAREIT, STOXX^(R) Europe 600 and GPR 250.

Important note

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To the extent that this document contains forward-looking statements, these are not facts and are recognisable by such words as 'will', 'expect', 'believe', 'estimate', 'intend', 'endeavour', 'assume' and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it. The forward-looking statements are based on current plans, estimates and forecasts that Deutsche Wohnen and the individuals acting in concert with it have made to the best of their knowledge, but do not make any claims as to their future accuracy. Forward-looking statements are subject to risks and uncertainties that are generally difficult to predict and are usually not within the control of Deutsche Wohnen or the individuals acting in concert with it. It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements.