Hedwig Höfler has been appointed Group Head of Investment Management at CA Immo, tasked with expanding her existing responsibilities for Austria and CEE to include all transaction activity in Germany. She is taking over responsibilities covered by Christof Altendorfer, who left the company.
Höfler has been working as an investment manager for CA Immo since 2011. As Head of Investment Management CEE and Austria from 2016, she was in charge of the evaluation and implementation of all real estate transactions in Austria and the CEE region.
In this role, she has led about 60 transactions totalling €2.9 billion in total volume and has executed the strategic exit from seven non-core countries. This included the sale of CA Immo’s office portfolio in Romania for around €370 million.
Höfler holds an academic degree in spatial planning from the Vienna University of Technology.
“In line with our corporate strategy, we are currently selling plots in Munich, Düsseldorf and Berlin for residential/storage/datacenter/production use. On the acquisition side, we are interested in office buildings and office (re-)development projects in prime inner-city locations in Berlin, Munich, and Frankfurt. Thanks to our strong refurbishment and redevelopment expertise, properties at all stages of their life cycle are suitable for us, which we are upgrading for our premium office portfolio in line with our Manage to Core approach," she said.
CA Immo sells assets that are not strategic in terms of location, sector, size and quality, and aims to acquire office buildings or plots in excellent locations in established and emerging German submarkets. The company says the investment focus is on both old and modern office properties with value creation potential.
