GARBE strengthens management team in drive for pan-European growth
GARBE Institutional Capital is strengthening its management team with the addition of Thomas Kallenbrunnen (42). With effect from 1 September 2021, Dr Kallenbrunnen will serve as managing director with responsibility for strategy, investment and institutional clients. Co-managing director Michiel Dubois will be responsible for the operating business. Over the coming years, the management team will work to develop GARBE Institutional Capital, GARBE’s active investment and asset manager for residential, office, retail and specialist properties, into a truly pan-European platform.
Kallenbrunnen is joining GARBE Institutional Capital from PGIM Real Estate, where he was a managing director and responsible for the European core investment strategy. Before that, he worked as general manager at Helaba Invest Kapitalanlagegesellschaft, the investment arm of Helaba, where he helped establish and headed the Real Estate & Alternative Investments business. His past professional career also includes experience at PricewaterhouseCoopers, where he was working on international real estate and infrastructure projects for financial service providers. In addition to his almost 20 years of experience in the real estate sector. Thomas Kallenbrunnen graduated from the TRIUM Global Executive MBA program by NYU Stern, HEC Paris and London School of Economics.
“Thomas Kallenbrunnen brings a proven track record in structuring and managing institutional fund products and investment platforms,” says Christopher Garbe, Managing Partner of GARBE. “He has proven that he can successfully create added value for investors at the interface between long-term oriented institutional capital and real estate entrepreneurship. His experience and expertise will help to further develop GARBE Institutional Capital.”
GARBE has been developing real estate investment products within the residential, office, industrial and retail sectors for more than 50 years. The group currently manages assets of approx. €7 billion, primarily for institutional clients.