PATRIZIA Plans to Reach $108.61 Billion in AUM by 2030

PATRIZIA, a leading partner for global real assets based in Augsburg in Southern Germany, has announced a new mid-term strategy to reach $108.61 billion Assets Under Management (AUM) within the next five years.

The company’s clear ambition is to become the go-to manager for smart real asset solutions by focusing on five key growth areas: Living, Value-add Strategies, Re-Infra & Smart City Solutions, European Infrastructure, and its Independent Advantage Investment Partners (fund of funds) platform.

PATRIZIA will leverage its strong position in Germany with attractive real asset offerings and continue to grow internationally with a focus on its large scalable discretionary flagship funds in real estate and infrastructure alongside creating a new “Re-Infra” asset class that combines the two.

To effectively execute on its new mid-term strategy PATRIZIA has established a new Group Executive Committee (GEC) as part of a larger organisational adjustment. The GEC will replace the previous Executive Committee, effective 1 August 2024.

Sitting directly under the Board of Directors, the GEC consists of six Executive Directors. Alongside the three existing Executive Directors which are Dr Asoka Wöhrmann (CEO), Christoph Glaser (currently CFO/COO) and Wolfgang Egger (Founder) – Martin Praum (49), James Muir (46), and Dr Konrad Finkenzeller (42) have been appointed as additional Executive Directors and members of the GEC by the Board of Directors.

PATRIZIA’s CEO Dr Asoka Wohrmann, said that their ambition was to become the investment manager of choice for smart real asset solutions. The company will leverage its strong position in Germany, significantly grow in Europe and attract more international investors to our attractive real estate, infrastructure, and Re-Infra investment platform.

“Our GEC will drive our investment process end-to-end across all our asset classes while continuing to enhance client-centricity, efficiency, and innovation for the benefit of our clients and stakeholders,” he said.

PATRIZIA Chairman Uwe H Reuter said that his company’s strategy 2030 provides a clear growth path for the company in all asset classes across all geographies.

“And the future execution-focused organisational set-up under the new leadership team will enable PATRIZIA to win in the next cycle and provide attractive long-term value for its clients and other key stakeholders,” he added.

The GEC will be enhanced by two additional cross-divisional leadership bodies, which will focus on PATRIZIA’s key business areas and operational activities. The Business Leadership Team (BLT) will consist of the GEC and key functions across the business value chain.

The BLT will accelerate PATRIZIA’s investment performance, as well as drive the company’s growth ambition and business strategy execution. A newly introduced Global Operating Committee (OpCo) will deliver key operational activities to enable a firm-wide efficient and effective platform.

To better align PATRIZIA’s global business strategy with its regional markets and regulatory requirements, the company will establish joint ownership of the Executive Directors on a regional level.

Within the GEC, Dr Whrmann will be responsible for the DACH Region, Christoph Glaser for Europe excluding DACH region, and Wolfgang Egger for the APAC region.