Supervisory Board

Olaf Borkers

Olaf Borkers

born in Bocholt in 1964
(term of mandate: AGM 2026)

Chair of the Supervisory Board
Olaf Borkers, a resident of Hamburg, Germany, serves as member and Chair of the Supervisory Board since 16 May 2023. He works as a management consultant and was a member of the Management Board of Deutsche EuroShop AG in Hamburg from 2005 to 2022 in the function of CEO/CFO.

 

Olaf Borkers

Management consultant

Member and Chair of the Supervisory Board since May 2023

 

Personal information

  • Date of birth: 10 December 1964
  • Place of birth: Bocholt, North Rhine-Westphalia
  • Nationality: German

 

Education/Degree(s)/Academic Background:

1984 – 1988
Trained as an officer of the German Navy at the Mürwik Marine School (Officers School), Flensburg, and other technical schools

1990 – 1995
Apprenticeship as a bank clerk and individual development programme in the Corporate Clients division at Deutsche Bank AG in Frankfurt am Main

1992 – 1995
Studied business administration at the University of Applied Sciences in Frankfurt am Main

 

Professional background and key activities besides the Supervisory Board mandate

Since 2023
Self-employed management consultant in Hamburg

2005 – 2022
Member of the Management Board (CEO/CFO) of Deutsche EuroShop AG in Hamburg

1999 – 2005
Member of the Management Board (CFO) of TAG Tegernsee Immobilien AG (today: TAG Immobilien AG) in Hamburg

1998 – 2000
Executive Assistant and Head of Financing at RSE Grundbesitz- und Beteiligungs AG in Hamburg

1995 – 1998
Credit analyst at Deutsche Bank AG in Hamburg

1988 – 1990
Officer on board a mine-hunting boat of the German Federal Navy in the North and Baltic Seas

 

Supervisory board mandates and memberships in comparable domestic or foreign supervisory bodies of commercial enterprises (including stock exchange listing status) (as of May 2023)

None

 

Profile of skills

Due to his professional background, Mr. Borkers is a proven expert in the real estate industry, which forms part of the TAG Immobilien Group’s operating business. Mr. Borkers’ main activities as a long-standing CFO at listed real estate companies encompassed real estate finance, finance and accounting as well as raising equity via the stock exchange. His duties also included corporate governance and compliance. With his knowledge and experience, especially in the field of real estate finance, he can be expected to contribute input and important impetus for TAG’s long-term strategy. In particular, Mr. Borkers will handle the financing aspects of TAG’s Supervisory Board activities and act as Chairman of the Audit Committee.

 

Personal or business relationships within the meaning of Recommendation C.13 of the German Corporate Governance Code

The Supervisory Board is satisfied that there are no personal or business relations between Mr. Borkers and TAG Immobilien AG, its Group companies, its governance bodies or any material shareholder of TAG Immobilien AG which an objective shareholder would regard as decisive for their election decision. For this purpose, “material shareholder” refers to shareholders who directly or indirectly hold more than 10% of the voting shares in the Company.

Dr. Philipp K. Wagner - Deputy Chair of the Supervisory Board

Dr. Philipp K. Wagner

born in Munich in 1975
(term of mandate: AGM 2026)

Deputy Chair of the Supervisory Board
Dr. Wagner, a resident of Berlin, Germany, has been a member of the TAG Immobilien AG Supervisory Board since June 2013 and since May 2023 he is Deputy Chair of the Supervisory Board. Since 2005, he has worked as an attorney, and has been admitted to the bar in both Berlin and New York. He is also a lecturer on real estate law at the Humboldt University in Berlin.

Dr. Philipp K. Wagner

Attorney-at-Law & Mediator

Member of the Supervisory Board of TAG Immobilien AG since April 2015

Deputy Chair of the Supervisory Board of TAG Immobilien AG since May 2023

 

Personal information

  • Date of birth: 4 October 1975
  • Place of birth: Munich
  • Nationality: German

 

Education/Degree(s)/Academic Background:

1996 – 2002
Studied Law at University of Regensburg and Humboldt University, Berlin, Emory Law School Atlanta (LL.M.)

2002 – 2004
Legal Clerkship in Berlin and Paris

2005 – 2008
University of Rostock (Dr. jur. in the field of international arbitration)

 

Professional background and key activities besides the Supervisory Board mandate

since 2013
WAGNER Arbitration, Berlin

since 2009
Lecturer in International Sales Law, Arbitration Law and Real Estate Law; since 2015 lecturer in International Arbitration at Humboldt University

2004 – 2013
Weitnauer, Berlin

 

Supervisory board mandates and memberships in comparable domestic or foreign supervisory bodies of commercial enterprises (including stock exchange listing status) (as of March 2023)

  • Hevella Capital GmbH & Co. KGaA, Potsdam

 

Competency profile

Dr. Wagner has profound knowledge of German real estate and corporate law and extensive experience in the transaction business based on a great many transactions. He also advises numerous clients on matters of capital market law, as well as compliance and corporate governance. For these reasons, he is particularly well versed in the regulatory aspects of supervisory board work, which are becoming more and more important.

 

Personal or business relationships within the meaning of Recommendation C.13 of the German Corporate Governance Code

In the opinion of the Supervisory Board, there are no personal or business relationships between Dr. Wagner and TAG Immobilien AG, its Group companies, the executive bodies of TAG Immobilien AG, or a shareholder with a significant interest in TAG Immobilien AG, that an objectively judging shareholder would consider to be decisive for his vote. In this regard, shareholders with a significant interest are defined as those who directly or indirectly hold more than 10% of the voting shares of the Company.

Professor Dr. rer. pol. Kristin Wellner - Member of the Supervisory Board

Professor Dr. rer. pol. Kristin Wellner

born in 1972 in Wurzen, Germany
(Term of mandate: AGM 2026)

Member of the Supervisory Board
Professor Dr. Wellner, a resident of Leipzig, Germany, has been a member of the Supervisory Board of TAG Immobilien AG since May 2018. She works as Professor for Planning and Construction Economics / Real Estate Economics at the Technical University of Berlin.

PROFESSOR DR. RER. POL. KRISTIN WELLNER

Professor for Planning and Construction Economics/Real Estate Industry at TU Berlin

 

Personal information

  • Date of birth: 16 December 1972
  • Place of birth: Wurzen, Sachsen
  • Nationality: German

 

Education/Degree(s)/Academic Background:

1991 – 1992
Master’s degree in Art/History at the University of Leipzig

1992 – 1998
Studied Business Administration and Economics at the University of Leipzig, Faculty of Economics

2001 – 2002
Postgraduate studies at Akademie der Immobilienwirtschaft (ADI) GmbH at Stuttgart Vocational Academy, State Academy of Education in Leipzig

2002
Doctorate on “Development of a Real Estate Portfolio Management System” at the University of Leipzig

 

Professional background and key activities besides the Supervisory Board mandate

since 2012
Professor of Planning and Construction Economics/Real Estate Economics at TU Berlin

2010 – 2012
Assistant Professorship in Business Administration: Real-Estate Economics at Bauhaus University Weimar

2006 – 2010
Professor of Real Estate and Building Management at Mittweida University of Applied Sciences

2003 – 2006
Real Estate Portfolio Management at Credit Suisse AM in Frankfurt am Main

since 2002
Lecturer at various colleges and universities in Germany and abroad

1998 – 2002
Research Assistant in Real Estate Management at the University of Leipzig

 

Supervisory board mandates and memberships in comparable domestic or foreign supervisory bodies of commercial enterprises (including stock exchange listing status) (as of March 2023)

none

 

Competency profile

Thanks to her professional career and her field of research, Prof. Wellner is a bona fide expert in the areas of real estate and sustainability that are part of the TAG Immobilien Group’s business operations. Prof. Wellner's work currently focuses on real-estate market research, matters of housing quality and real-estate portfolio management/asset management, and property valuation. Because she is particularly concerned with the “future of residential life/living” in Germany, suggestions and important impulses for TAG's long-term strategy can be expected. Prof. Wellner will cover the real-estate aspects of TAG's Supervisory Board activities in particular.

 

Personal or business relationships within the meaning of Recommendation C.13 of the German Corporate Governance Code

In the opinion of the Supervisory Board, there are no personal or business relationships between Prof. Dr. rer. pol. Wellner and TAG Immobilien AG, its Group companies, the executive bodies of TAG Immobilien AG, or a shareholder with a significant interest in TAG Immobilien AG, that an objectively judging shareholder would consider to be decisive for her vote. In this regard, shareholders with a significant interest are defined as those who directly or indirectly hold more than 10% of the voting shares of the Company.

Björn Eifler - Member of the Supervisory Board

Björn Eifler

born in Karl-Marx-Stadt / Chemnitz in 1980
(term of mandate: AGM 2026)

Member of the Supervisory Board
Björn Eifler, living in Chemnitz, since September 2023 elected employee representative on the Supervisory Board of TAG Immobilien AG. He works as a Team Leader for Real Estate Management of TAG Immobilien AG in Chemnitz.

 

Björn Eifler

Real Estate Management in Chemnitz / Team Leader

Member of the Supervisory Board since September 2023 as an employee representative

 

Personal information

  • Date of birth: 10 September 1980
  • Place of birth: Karl-Marx-Stadt / Chemnitz
  • Nationality: German

 

Education/Degree(s)/Academic Background:

2008 - 2010
Studies leading to a degree in real estate economics (VWA)

2003 – 2005
Apprenticeship as a commercial clerk in the real estate and housing industry

 

Professional background and key activities besides the Supervisory Board mandate

since 2014
Team Leader Real Estate Management at TAG Immobilien AG in Chemnitz

2011 - 2013
Team Leader Real Estate Management at TAG Immobilien AG in Berlin

2009 - 2010
Team Leader Property Management at Curanis Wohnimmobilien GmbH in Munster/Lower Saxony

2007 - 2009
Worked as a property manager at Curanis Wohnimmobilien GmbH in Munster/Lower Saxony

2005 - 2007
Employee in the free movement management of the Grundstück- und Gebäudewirtschafts GmbH in Chemnitz

 

Supervisory board mandates and memberships in comparable domestic or foreign supervisory bodies of commercial enterprises (including stock exchange listing status) (as of September 2023)

none

Beate Schulz - Member of the Supervisory Board

Beate Schulz

Born 1962 in Sangerhausen
(Term of mandate: AGM 2026)

Member of the Supervisory Board
Beate Schulz, living in Berlin, since September 2023 elected employee representative on the Supervisory Board of TAG Immobilien AG. She works as an portfolio manager in the legal department of TAG Immobilien AG in Berlin. She studied economics and completed additional training in real estate economics.

Beate Schulz

Legal Department Berlin / portfolio manager

Member of the Supervisory Board since September 2023 as an employee representative

 

Personal information

  • Date of birth: 30 October 1962
  • Place of birth: Sangerhausen
  • Nationality: German

 

Education/Degree(s)/Academic Background:


1992 – 1993
Training as a real estate economist, Institute for Data Processing and Business Administration, Berlin; degree: Diploma in Real Estate Economist

1982 - 1987
Study economics, specialty foreign trade, specialization: Joint Venture and Bourgeois Business Administration, University of Economics, Berlin; Degree: Diploma in Economics for Foreign Trade

 

Professional background an key activities besides the Supervisory Board mandate

since 2013
TAG Immobilien AG, Berlin
Portfolio Manager

2012
TLG Wohnen GmbH, Berlin,
portfolio management and Support for the privatisation of company

2007 – 2010
BIH Berliner Immobilienholding GmbH, Berlin,
Strategic Portfolio Management Specialist and Support for the privatisation of the company

1994 - 2007
TLG Treuhand Liegenschaftsgesellschaft mbH/ TLG IMMOBILIEN GmbH Berlin,
Consultant Real Estate Acquisition, Contract Management and Real Estate Controlling

1987 - 1991
AHB MLW intermed export-import/MLW intermed Beteiligungs-und Dienstleistungsgesellschaft mbH i.L., Berlin
Team Leader Import and Import Merchant

1981 - 1982
VEB Chemieanlagenbau Staßfurt, devision area Halle/Saale; Export Clerk


A list of all the Supervisory Board members and supervisory board mandates or memberships in comparable domestic and non-domestic boards can also be found in the Notes section of the Annual Report, under "Other disclosures - Supervisory Board".