S IMMO Germany: management expanded

Corporate news

Third managing director of S IMMO Germany.

Daniel Kaboth was recently appointed as the third managing director of S IMMO Germany. He will head up the asset management company, which is a subsidiary of the Austrian S IMMO AG and is domiciled in Berlin, together with Olaf Karkhoff and Robert Neumüller. The company manages about 200 properties with a total area of roughly 535,000 m². Germany is S IMMO Group’s second largest market.

Daniel Kaboth has served as managing director of Maior Domus Hausverwaltungs GmbH, which is also a subsidiary of S IMMO AG, since 2009. Previously, he gained a wealth of industry experience working at various real estate companies. The native of Berlin is a certified professional in property and residential management, and he studied business administration with an emphasis in real estate at the “Hochschule für Technik und Wirtschaft Berlin”.

At the same time, Olaf Karkhoff was appointed to the management team of Maior Domus, where he will be responsible for the activities of the property management company along with Daniel Kaboth and Markus Burghardt. After earning his degree in architecture, Olaf Karkhoff completed a master’s degree in real estate management at the “Technische Universität Berlin”. He started his career as an architect and then gained further real estate experience as procurator of a German project management company.

“With this personnel decision, we are bringing asset management and property management closer together in Germany, which will benefit our tenants, our properties and, ultimately, our investors,” said Ernst Vejdovszky, Member of the S IMMO Board.