Ulrich Höller joins ABG Group
The fact that Ulrich Höller, until recently CEO of GEG German Estate Group and previously of DIC Asset, has been preparing for a new mission has been a given since his surprising retreat to the supervisory board of GEG. As TD now learned from market insiders, Höller will be Managing Partner of ABG Group as of 1 January 2020, placing him at the head of a company that, like GEG, focuses on large projects in German metropolitan cities. He is taking over shares of ABG’s current majority shareholder Walter Wübben (74). Minority shareholder Rainer Sticken (69) will be leaving the business next year. ABG has a staff of 70 in Berlin, Frankfurt, Hamburg, Cologne, and Munich and has developed projects worth roughly €5bn over the past ten years; the largest current projects are the Deutschlandhaus in Hamburg, the Voltair and Humboldthafen in Berlin, and Living Isar and Truliving in Munich.
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