Global institutional real estate investor Ivanhoé Cambridge is pleased to announce that it is expanding its European footprint with the opening of an office in Berlin and with the appointment of Christian Daumann, as Head of Investments for Germany. Mr Daumann is joining Ivanhoé Cambridge to further the company’s pan-European strategy and grow its investments in German real estate. He joins a strong and seasoned European investment team of leaders already based in Paris and London.
“We are delighted to expand our German operations by welcoming Christian to our European team,” said Karim Habra, Head of Europe, Ivanhoé Cambridge. “For the past year, we have been executing a pan-European strategy, with Germany as a priority. We will focus on manage-to-core and value-add strategies, particularly in the office, logistics and residential sectors in Germany’s most dynamic cities. Together with Christian, we intend to invest with a vision for long-term performance, value creation, innovation and sustainability.”
Christian Daumann has an impressive 24-year track-record in commercial real estate investing, asset management, fund management and distressed debt investing.
Having started his career at Helaba commercial bank, Mr. Daumann joined Morgan Stanley in 2006, where he served as Vice President in charge of real estate asset management of core funds in Germany, the Netherlands, Sweden and Austria. From 2008 to 2012, he headed Cerberus-owned LNR Group in Germany and grew its platform to €4.5 billion under management.
Subsequently, Mr. Daumann became Executive Board Member at German-British CR Investment Management and helped expand the group’s activities into the fields of underwriting, advisory and servicing on a European scale. From 2015 to 2018, Mr. Daumann was Chief Investment Officer at Hamburg Trust, a Colony Capital co-owned investment manager, where he was in charge of all real estate investments and asset management, focusing on office, residential and retail investments.
Mr. Daumann graduated from the University of Bayreuth in Law and is a fully-qualified lawyer.
Ivanhoé Cambridge has been investing in Germany since 2007, with a portfolio of assets in the office, retail and residential sectors located across the country’s main cities. The most recent acquisition in the German market has been the transaction of nine residential assets in Berlin, together with Round Hill Capital. New transactions are in final closing stage.
About Ivanhoé Cambridge
Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a view to generate long-term performance. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.
Vertically integrated in Canada, Ivanhoé Cambridge invests internationally alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,000 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanhoé Cambridge held close to C$65 billion in real estate assets as at December 31, 2018 and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For more information: ivanhoecambridge.com.
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