Ulrich Oppermann, formerly of UBS Global Asset Management, will be responsible for all transactions in Germany at the global real estate investment management firm.
CBRE Global Investors, the world’s largest real estate investment management firm, has scooped up the German acquisitions specialist from UBS Global Asset Management to serve as its new head of transactions for its German office, according to a statement issued today.
In his new position, Ulrich Oppermann will be responsible for all transactions in Germany working across the office, retail, logistics and residential sectors. A spokeswoman for the firm told PERE that he will be based out of the Frankfurt office and report directly to Peter Helfrich, country manager of CBRE Global Investors Germany. Oppermann replaces Thomas Fiebig, who left the company in 2011.
“We are very pleased to have appointed such an experienced transaction specialist and we look forward to working with [Oppermann],” said Helfrich in the statement. “His appointment will help us build on our portfolio and assist us with our growth strategy.”
Oppermann added: “This is an exciting opportunity for me and I look forward to building a new transactions team and growing the portfolio.”
Prior to joining CBRE Global Investors, Oppermann was acquisitions head for Germany and Central and Eastern Europe for five years at UBS.
Los Angeles-based CBRE Global Investors has $94.8 billion in assets under management.