AviaRent strengthens Management Board and Board of Directors for further expansion

• Yenna Haack appointed to the Management Board of AviaRent Invest AG
• Harald Strelen assumes management of AviaRent Capital Management S.à r.l.
• Yenna Haack and Sascia Hauke join the management board of AviaFund Solution Services GmbH

AviaRent looks back on a successful financial year in 2018 and, in preparation for further expansion, has strengthened its management team with a new Management Board and three new Managing Directors: AviaRent Invest AG has appointed Yenna Haack as a new member of the Management Board, consisting of Mathias Giebken and Ralf Otzen, effective 15 February 2019. On 1 January 2019, AviaFund Solution Services GmbH and AviaRent Capital Management S.à r.l. expanded their existing management boards of Mathias Giebken and Ralf Otzen: Sascia Hauke and Yenna Haack joined the management team of AviaFund Solution Services GmbH. Harald Strelen is the new Managing Director of AviaRent Capital Management S.à r.l.

“We can look back on a successful and exciting 2018. As part of our strategic alliance with our French cooperation partner, Primonial, we launched our first joint European fund “European Social Infrastructure I” for institutional investors. This will allow us to continue our pan-European expansion and to expand further in other business areas this year. With the recent restructuring of our management team, we have created the foundation for further growth”, explains Ralf Otzen, CEO of AviaRent Invest AG.

Yenna Haack will be responsible for investment, transaction and asset management on the Management Board of AviaRent Invest AG. Yenna Haack has more than 15 years of experience in the real estate sector and has been Head of Acquisitions at AviaRent Invest AG since April 2018. Prior to this, she held a senior management role at a german property developer and asset manager, where she was responsible for real estate and commercial property acquisitions in Germany. Ms. Haack has many years of experience in due diligence, in particular in the socially sustainable real estate sector.

As Managing Director of AviaRent Capital Management S.à r.l., Harald Strelen is responsible for corporate development and legally optimised structuring solutions. The internationally experienced lawyer is an assessor jur., Master of Law and Master of Science.

As Managing Director of Avia Fund Solution Services GmbH, Sascia Hauke is responsible for the operational asset and property management of the whole AviaRent fund family. She has more than ten years of professional experience in property and asset. Parallel to her professional experience, the certified real estate and housing specialist obtained an LL.M in Real Estate Law and completed her studies in the field of real estate economics and real estate management.

As part of the internationalisation and expansion of the acquisition and asset management teams, Dan-David Golla and Susan Winter left the company at the end of December 2018.

Today, AviaRent and its French partner Primonial have a joint fund volume of more than €4.5 billion in the care and education sectors.