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OUR SUCCESS

COMES FROM OUR PEOPLE

BOARD OF DIRECTORS

GEORGE
SALDEN

CEO
Capital Bay Group

As CEO of Capital Bay, George Salden is mainly responsible for M&A, marketing and strategic personnel development. He has over 20 years of industry and managerial leadership experience and has steered a transaction volume of over EUR 7 billion. He is the author of the book Die Dynamische Methode (The Dynamic Method) as well as the inventor and co-founder of the evaluation and transaction software and the emerging company UVALUATE, later 21ST.

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ROLF
SCHNEIDER

COO
Capital Bay Group

Rolf Schneider is COO of Capital Bay, managing the entire group‘s operating activities, which include asset management, construction & development, property management, facility management as well as most CB departments. He is also responsible for the digitalization process of Capital Bay’s operations. He joined from Austrian listed property investor conwert Immobilien Invest SE, where he served as managing director of the firm’s German operations, managing real estate assets of some EUR 1.8 billion.

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CHRISTOPH
GEISSLER

CFO, CIO
Capital Bay Group

Christoph Geißler is CFO and CIO of Capital Bay and thus responsible for transaction management, capital management and investment management as well as finance & treasury. He previously worked as head of real estate investment and funds at Munich-based WealthCap Kapitalverwaltungsgesellschaft mbH, where he served as managing director of more than 20 closed-end real estate funds and alternative investment funds in Europe and the U.S. with total assets of over EUR 7 billion. Over the past ten years, the trained lawyer has worked on successful deals worth over EUR 5 billion.

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MANAGEMENT

TORSTEN
DOYEN

Managing Partner
CB Capital Management GmbH

As Managing Partner of CB Capital Management GmbH, Torsten Doyen is responsible for expanding the group‘s fund management business with institutional investors. Before joining CapitalBAY, the trained real estate economist worked at Warburg-HIH Invest Real Estate, most recently as managing director for institutional sales with responsibility for the company‘s German investment management vehicle (KVG). He brings a long track record in real estate, having previously worked at such renowned firms as Bankhaus Wölbern & Co. and Nordcapital, with successful deal closings totalling some EUR 3 billion. Mr Doyen is, in addition, a lecturer at the Academy of Real Estate Business (ADI – Akademie der Immobilienwirtschaft).

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MARKUS
HOLZER

Managing Partner
CB Investment Management GmbH

As Managing Partner of CB Investment Management GmbH, Markus Holzer is also responsible for the successful syndication of CapitalBAY‘s acquisitions. He previously worked for Morgan Stanley, where he served as managing director and chief investment officer of its German real estate investment management vehicle (KVG), with responsibility for the fund and asset management activities of various globally invested funds. Holzer successfully closed deals worth more than EUR 6 billion.

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ALEXANDER
KERSTING

Managing Partner
CB Micro Living GmbH

Alexander Kersting is Managing Partner at CB Micro Living GmbH. He has over 25 years of experience in M&A, private equity, IPO and property investments with a volume of over EUR 4bn. Before he joined Capital Bay, he was Managing Director at micro-living specialist UPARTMENTS Real Estate GmbH (CORESTATE Capital Group). As sole MD of predecessor company YOUNIQ AG, he was responsible for the squeeze-out of the firm and refinancing its entire portfolio.

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GOTTFRIED
DRESCHER

Managing Director
CB Retail Management GmbH

Before joining CapitalBAY to lead its CB Retail Management GmbH unit, with responsibility for the management and business development of CapitalBAY’s retail/wholesale real estate portfolio, Gottfried Drescher served as sales director at Metro Cash & Carry Deutschland, with responsibility for 2,800 staff and EUR 1.3 billion in sales revenue. From 2010 to 2015 he ran C+C Schaper GmbH, a subsidiary of Metro Cash & Carry, where he successfully integrated 51 different C+C Schaper locations into the Metro portfolio.

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GEORG
HAIDER

Managing Director
CB Transaction Management GmbH

In his function as Managing Director of CB Transaction Management GmbH, Georg Haider is responsible for digital transaction management as well as acquisitions and sales across the entire Capital Bay Group and its fund as well as for third-party mandates. The lawyer and real estate expert with a 20-year track record previously headed up the German business of the Northern Horizon Group for ten years. As country director and fund manager, he was responsible for the implementation of the group’s growth strategy in Germany. Between 2016 and 2018, he additionally served as managing director of BGO Property Management GmbH.

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OLIVER
MÜLLER

Managing Director
CB Property Management GmbH

Oliver Müller is Managing Director of CB Property Management GmbH and has more than 15 years of professional experience in real estate companies. Among others, he was managing director at Bilfinger Real Estate Group (today’s Apleona) and most recently COO of VIVANIUM Real Estate Services. During this time, he significantly influenced their development and was responsible for asset and property management of properties with an underlying value of more than 6 billion euros.

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DANA
BELLSTEDT

Head of Rental Receivables Management
CB Property Management GmbH

Dana Bellsted is Head of Rental Receivables Management at Capital Bay and is thus responsible for the claims management of the entire group. She has close to 20 years’ experience in the property industry, including the privatization business, acquisitions and sales of alt+kelber Immobilienmanagement GmbH. Most recently, she was responsible for establishing and expanding the accounts receivables management of the asset management division at Conwert Deutschland GmbH, covering the firm’s entire German portfolio.

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DAVID
BRACHMANN

Head of Construction & Development
CB Construction &
Development Management GmbH

David Brachmann is Head of Construction & Development at CB Construction & Development Management GmbH. He is responsible for all construction and project development activities in the group. Before joining Capital Bay, he was a project developer and manager at Berlin communal housing firm Gewobag where he steered the development and realisation of close to 2,500 flats. With more than 20 years’ experience in construction and project management, he previously also worked with Kondor Wessels, and with Drees & Sommer in the general management of the Potsdam Square project in Berlin.

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NATALIE
HARDER

Head of Human Resources
Capital Bay Group

As Head of Human Resources, Natalie Harder is in charge of the strategic aligment of the HR department, with a focus on personnel management and team development as well as the set-up of organisational structures and the digitalisation of HR processes. She has over 25 years’ experience in HR and sales and has been working in several management roles, for example at FedEx Express. She is also responsible for setting up and implementing a Leadership Academy for CapitalBAY.

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MARTIN
IRLE

Head of Transaction Management
Micro Living & Special Solutions
CB Transaction Management GmbH

Martin Irle, as Head of Transaction Management Micro Living & Special Solutions, is responsible for the acquisition of student residences, boarding houses and serviced apartments. He has over 12 years’ experience in supervising single and portfolio transactions in all commercial (office, retail, including shopping centres, and logistics) and residential asset classes. He most recently worked as a senior consultant in the national investment team of Cushman & Wakefield and has been involved in transactions worth over EUR 4 billion.

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MARINA
KÖTTERITZSCH

Head of Customer Service
CB Service Management GmbH

Marina Kötteritzsch is responsible for the service area as Head of Customer Service of CB Service Management GmbH. In addition to her studies of business management, she brings 20 years of practical experience in customer relationship management and in building up service centre organisations. Her responsibilities included managing operation services at ALBA Facility Solutions GmbH and the service centre of GSW Immobilien AG, which owned 55,000 residential units at the time.

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FLORIAN
MAACK

Director Sales/
Head of Business Development
CB Capital Management GmbH

Florian Maack is in charge of the development of investment products as well as sales to institutional investors. The banker with a diploma in business administration (Diplom-Kaufmann) has more than 20 years of experience in the property industry and has realised an investment volume of EUR 4 billion over the period, including the respective equity raises. Before joining CapitalBAY, he was co-CEO of Nordcapital Holding and between 2007-2012 managing director of the Nordcapital Group’s emission house.

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RONNY
MERGNER

Head of Asset Management
Residential
CB Residential Asset Management GmbH

Before joining CapitalBAY, Ronny Mergner served for ten years with Austria‘s conwert Immobilien Group, with responsibility for asset management and development across the entire Middle Germany region. In addition to managing assets of roughly EUR 700 million, he brings a track record with construction projects totalling some EUR 200 million.

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MATTHIAS
NIMMICH

Head of M&A and Treasury
Capital Bay Group

Matthias Nimmich is Head of Mergers & Acquisitions and Treasury, steering the financing of all M&A projects (corporate acquisitions) and coordinating pre- and post-merger integrations. He previously was Head of Finance at Julius Berger Nigeria PLC, with around 10,000 employees one of the largest construction companies in Africa. He was responsible, among other things, for cash management and working capital financing.

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ENRICO
OHLIG

Head of Legal, Lawyer
(Counsel lawyer)
Capital Bay Group

Enrico Ohlig is Head of Legal at Capital Bay. The in-house lawyer is responsible for handling all legal processes in the group. Before he joined the company, he was a legal counsel with several project developers. For close to 15 years, he headed the legal department of a well-known developer active across Germany. In that role, he was mainly responsible for plot acquisitions and sales to support the creation of around 45 supermarkets p.a. as well as all real estate-related legal processes – both extrajudicial and judicial.

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MICHAEL
RÄDER

Head of
Transaction Management Residential
CB Transaction Management GmbH

As Head of Transaction Management Residential, Michael Räder is responsible for the acquisition of residential properties, forward deals, conversion projects and plots. He previously worked as head of transactions and project development at Gewobag Berlin. The fully qualified lawyer and real estate investment advisor (EBS) has been employed in different positions and roles in property companies since 1994, overseeing investments with a total volume of EUR 1.2 bn over the period.

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JÜRGEN
RAUSCH

Head of IT
CB IT Management GmbH

Jürgen Rausch is responsible for setting up, designing and steering the IT management of the entire Capital Bay Group. The Business and Computer Science graduate gained experience in SMEs and large corporations across a range of industries at home and abroad. Among other things, he worked in executive and project roles at Daimler in Stuttgart and Berlin, Talanx in Hanover as well as in the micro-finance sector with stints in central Asia and Africa.

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KRISTINA
REIDEMEISTER

Head of
Asset Management Commercial
CB Asset Management Commercial GmbH

Kristina Reidemeister has more than 15 years of experience in the real estate industry. She was working for various asset managers such as Ebertz & Partner and CR Investment Management. Most recently, she was responsible for the asset management of a retail portfolio spread throughout Germany including repositioning of assets, development of strategies on an asset by asset basis as well as the sale of individual assets and portfolios. She was focused throughout her career on retail and office asset management and has an in-depth knowledge of shopping center management.

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PETRA
RICHTER

Head of Accounting
Capital Bay Group

Petra Richter, Head of Accounting at Capital Bay, is responsible for the accounting and financial reporting of the group’s subsidiaries and special purpose vehicles. The chartered engineer looks back on over 25 years of work experience, 15 of which spent in executive roles in accounting and 10 in auditing. Before joining Capital Bay, Petra Richter was Chief Financial Officer of Freiberger Compound Materials GmbH. She also served as head of finance and accounting at automotive supplier Meleghy Automotive Bernsbach GmbH.

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DETLEV
URBANSKI

Head of Controlling
Capital Bay Group

As Head of Controlling of Capital Bay, Detlev Urbanski is responsible for planning, steering and controlling all corporate divisions and for providing information for management and operational business. A graduate in Business Administration, he looks back on more than 25 years of experience in the property industry. Before he joined Capital Bay, Detlev Urbanski worked as a controller for five years, responsible for a German-wide portfolio of 20,000 residential and commercial units worth 1.7bn Euro. He spent another five years as an asset manager for a portfolio in Saxony with a volume of 400m Euro.

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JAN
WÄCHTER

Head of Marketing & Communications
Capital Bay Group

As Head of Marketing & Communications, Jan Wächter is responsible for marketing, communications and PR at Capital Bay. He has over 15 years experience and worked as a business and communications advisor for leading property and financial companies for eight years before he joined Capital Bay. He was also publisher of the online and opinion portal “The Property Post”. Before that, he worked in property management and corporate communications and development at GSW Immobilien AG (now Deutsche Wohnen).

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