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on The Grounds Real Estate Development AG (isin : DE000A2GSVV5)

The Grounds Real Estate Development AG Announces Supervisory Board Changes

On January 22, 2025, The Grounds Real Estate Development AG reported personnel changes in its supervisory board. Following a successful cash capital increase, Stelios Theodosiou and Daniel Wöhler from H.I.G. Realty Partners have joined the board. They replace departing members Thomas Bergander and Eric Mozanowski. Although Mozanowski exits the board, he remains a significant shareholder through ZuHause Immobilien Handelsgesellschaft mbH.

The Grounds is emphasizing expansion, with recent acquisitions like the single-family home portfolio in Potsdam and plans to explore further projects. These changes are aligned with their strategic partnership with H.I.G. Realty Partners. The leadership expressed gratitude for the contributions of the outgoing board members.

R. P.

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