Credit Suisse Asset Management has appointed a new head of global real estate. The company will also restructure the real estate business structure in June.
Christoph Schumacher has been named as the new head of global real estate, he will replace Beat Schwab in June and report to Michel Degen, head of asset management Switzerland and EMEA.
Schumacher was managing director at Union Investment Institutional Property from March 2011 and a member of Union Investment’s real estate investment committee, reports industry publication «IPE Real Estate»
Structural Change
Prior to that, he worked for Generali Real Estate in Cologne, Luxembourg and Paris. He has also worked for law firm Linklaters in Berlin and London.
From June Credit Suisse Asset Management real estate will consist of three distinct business segments namely,real estate Switzerland, headed by Raymond Rüttimann, real estate international, headed by Francisca Fariña Fischer, and real estate mandates and advisory, under the leadership of Daniel Tochtermann, all reporting to Schumacher.
