News

Supervisory board resolves to extend ongoing appointments

Berlin, 14 December 2018. Today, the supervisory board of Deutsche Wohnen SE unanimously resolved to extend the ongoing appointment of Mr. Michael Zahn as Chief Executive Officer for five years until 31 December 2023. Mr. Zahn has been a member of the management board since 01 September 2007.

The supervisory board of Deutsche Wohnen SE has further unanimously resolved today to extend the appointment of Mr. Philip Grosse as Chief Financial Officer (CFO) for further five years until 31 August 2024. Mr. Grosse has been a member of the management board since 01 September 2016.

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.