Supervisory Board

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 June 2024)

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.

Eckhard Schultz

Dipl. Kaufmann / Real Estate Economist

Member of the Supervisory Board since October 2023

Deputy Chair of the Supervisory Board since 10 November 2023

 

Personal particulars

• Date of birth: 12th December 1964
• Place of birth: Wolfsburg
• Nationality: German

 

Education/degree/academic career:

1985 - 1987
Bank apprenticeship at Westfalenbank AG, Bochum

1987 - 1992
Studied economics at the Ruhr University, Bochum

2002 - 2003
Contact studies Real Estate Economy European Business School, Munich

 

Professional career and main activities in addition to the Supervisory Board mandate

2009 - 2019
CFO and Deputy CEO of LEG Immobilien AG, Düsseldorf

2002 - 2009
Commercial Managing Director Real Estate of Schörghuber Group, Munich

1998 - 2001
Senior Project Manager Roland Berger Strategy Consultants, Munich – Competence Center Financial Services

1993 - 1998
Trainee programme, corporate client advisor and executive assistant Bayrische Hypotheken- und Wechselbank, Munich

 

Supervisory Board mandates and membership in comparable German or non-German supervisory bodies of business enterprises (including stock exchange lisitng status) (as of June 2024)

None

 

Profile of skills

After education as a banker and studying economics, Eckhard Schultz has been working in the finance and real estate industry for many years. After his time in the real estate division of Schörghuber Group in Munich from 2002 to 2009, he moved to LEG Immobilien SE, for which he worked for ten years as CFO and Deputy CEO and which he successfully went public in 2013.

 

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. Schultz 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.

Gabriela Gryger

Real Estate Professional / Management Consultant

Member of the Supervisory Board since May 2024

Deputy Chair of the Supervisory Board from May 2024

 

Personal information

• Date of birth: 22 November 1976
• Place of birth: Warsaw, Poland
• Nationality: Polish / British

 

Education/Degree(s)/Academic Background:

1995-1999
BA in International Studies and BS in Economics (the Wharton School) with honors, University of Pennsylvania, USA

1999-2000
MPhil in Management Studies, Cambridge University, UK

2017-2018
Advanced Management Development Program in Real Estate (AMDP), Harvard University, USA

 

Professional background and key activities besides the Supervisory Board mandate

2010-current
GGR Group, founder of a real estate investment management and consulting company, Warsaw, Poland

2004-2010
Morgan Stanley, real estate investment management professional, London, UK

2002-2004
Soros Real Estate Partners, real estate investment associate, London, UK

2000-2002
Goldman Sachs, M&A investment banking analyst, New York, USA

 

Supervisory Board mandates and membership in comparable German or non-German supervisory bodies of business enterprises (including listed enterprises) (as of June 2024)

Member of the Supervisory Board of Global Parks Poland Sp. z o.o. 

 

Profile of skills

Gabriela Gryger has extensive experience in the real estate sector and in the residential market especially. She has founded her own successful real estate consulting firm more than 13 years ago advising numerous real estate companies in Poland and in Europe. Between 2018 and 2022 she served as member of the supervisory board of ROBYG S.A. (the Polish company owned by TAG Immobilien AG) making her already familiar with the important operations of TAG´s business in Poland.

 

Personal or business relationships (Recommendation C.13 German Corporate Governance Code)

The Supervisory Board is satisfied that there are no personal or business relations between Ms Gryger 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.

In the opinion of the Supervisory Board, Ms Gabriela Gryger is to be classified as independent within the meaning of the GCGC.

PROFESSOR DR. RER. POL. KRISTIN WELLNER

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

Member of the Supervisory Board since May 2018

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 June 2024)

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

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 June 2024)

none

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

 

Supervisory board mandates and memberships in comparable domestic or foreign supervisory bodies of commercial enterprises (including stock exchange listing status) (as of June 2024)

none