GPEP appoints Head of Key Account Management and Business Development
Frankfurt-based asset and property manager GPEP has appointed real estate economist Mischa Koch as Head of Key Account Management and Business Development.
In this role, Koch is responsible for client services, looking after existing and onboarding new clients, and for further investments in local shopping centres as well as new asset classes, such as offices and residential. In addition, drawing on his comprehensive expertise, he will assist the management board in the expansion of its new project development business segment in conjunction with GMG.
Prior to joining GPEP, Koch worked as the manager of ABG Projektentwicklungsgesellschaft Frankfurt branch, where he was responsible for project acquisition and development within the residential, office and hotel asset classes. In this role, he both deepened and expanded his network of contacts to local and international market participants, such as architects, urban planners, investors, consultants and brokers. Prior to that, as a qualified property specialist, he worked for two major companies in the areas of transaction management and real estate marketing. Koch can draw on over 20 years' experience in the real estate sector.
Only recently, at the beginning of the year, GPEP launched a joint venture together with the Geneva-based private wealth manager GMG Real Estate (GMG) to identify project development opportunities in Germany, jointly implement these opportunities and on-sell these projects after their completion. Over the past few months, the GPEP team has been able – despite the corona lockdown – to work on a number of initial projects, one of which is already under exclusive consideration. The objective of this joint venture is the establishment of partnerships with experienced local project developers to cooperate on deals having a volume of EUR25 million+. In addition, the acquisition of existing properties for further development or remodelling, as well as land with plan approvals, is feasible. Seed capital in the amount of €100 million is available for investments in offices, logistics, budget hotels and residential properties, including co-living spaces and student accommodation, in solid locations throughout Germany.
"In Mischa Koch, we have gained a highly experienced and incredibly well connected real estate expert. Together with Mischa, we will continue to swiftly expand GPEP's new and existing business lines", says Herwart W Reip, Managing Director of GPEP. Mischa Koch added: "From the very first meeting, I was impressed with the professionalism of this dynamic asset management boutique, which is reflected in its competent and targeted approach. I'm looking forward to working with this experienced and motivated team to help drive our ongoing success."