Union Investment announces new Head of Asset Mangement Europe

Union Investment is bringing Malte Wallschläger, an experienced asset and portfolio management expert with many years at the company, back into the team. He will take over as Head of Asset Management Europe, succeeding Cathrin Schwartz, who has led the division successfully for 13 years and will retire after 21 years with Union Investment.

“We are delighted to have gained Malte Wallschläger, an experienced expert with broad experience in leasing, portfolio management and repositioning, as well as international management experience, for the important tasks in asset management. With his many years of experience in portfolio management across various uses and his broad understanding of the market, he will continue the valuable work of Cathrin Schwartz and further develop our well-positioned portfolio. With his institutional background, Malte will also further strengthen our expertise in the mandate business.”

Malte Wallschläger joins from HIH Real Estate, where he was Head of International Asset Management Teams in Hamburg, Amsterdam, London, Warsaw, and Vienna, responsible for a globally diversified real estate portfolio in eleven countries. From 2011 to 2020, the Hamburg native worked at Union Investment, where his responsibilities included serving as senior portfolio manager for two open-ended public real estate funds. The graduate in business administration and real estate economics (ADI) is a professional member of the Royal Institution of Chartered Surveyors (MRICS) and was appointed a Fellow (FRICS) in 2025.

In his new role at Union Investment as Head of Department, Malte Wallschläger is responsible for the asset management of currently around 100 properties in the office, logistics, high-street retail and residential segments with a volume of approximately €12.0 billion. The portfolio falling within Wallschläger’s area of responsibility currently spans 14 European markets.