Corestate appoints Oliver Zimper as managing director, head of commercial real estate
Corestate, a real estate investor based in Zug, Switzerland, has appointed Oliver Zimper as managing director, head of commercial real estate.
Zimper (pictured) also joins the management board and the investment committee of Corestate.
Starting his activities in September, he will overlook after Corestate’s investments in commercial real estate, comprising the asset management of existing assets as well as new transactions.
Previously, Zimper was a managing director at IVG Asset Management in Frankfurt, Germany. As global head of transactions he realised various investment strategies and was in charge of transactions of the IVG Group. From 2011 until 2013 he executed real estate transactions in Europe with a volume of approximately EUR5bn.
Prior to this he was a managing partner at STAM Europe and earlier head of global acquisitions at DEGI Deutsche Gesellschaft für Immobilienfonds.
Ralph Winter, founder of Corestate Capital, says: “Oliver Zimper - together with Steffen Ricken and his team - has shaped IVG’s international investment club deal activities over the past years. Bringing the new team's vast experience in European real estate together with our integrated investment and asset management platform creates an ideal basis for a spree of investments in German and European commercial real estate. Besides our recent activities in distressed property in Central Europe, we are now prepared to target anti-cyclical investments in core and value-added transactions across the continent.
"Building on our cooperation with Intershop Holding AG of Switzerland, this addition to our management team offers our investors a broader scope of investment opportunities based on a fully integrated platform."