Deutsche Konsum REIT-AG Announces Management Board Changes

Deutsche Konsum REIT-AG has announced a change in its Management Board. The Supervisory Board has appointed Lars Wittan as a new member, effective 1 February 2025. Wittan takes over from Alexander Kroth, who resigned from the position on 31 January 2025. Wittan, born in 1977, brings extensive experience from his twelve-year tenure at Deutsche Wohnen SE, holding roles such as COO, CIO, and CFO. He was most recently CIO at Obotritia Capital KGaA. The Supervisory Board praises Wittan's real estate expertise.

Kroth's departure comes as he seeks new challenges. The company expressed regret at his resignation, acknowledging his significant contributions. Deutsche Konsum REIT-AG, based in Potsdam, focuses on German retail properties. Its shares are listed on the Deutsche Börse Prime Standard and JSE.